Word: forecasts
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Dates: during 1970-1970
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Western industry long ago disproved Karl Marx's prediction that the workingman would become ever poorer in a capitalistic state. But it has yet to prove wrong his less well remembered forecast that workers would become progressively more alienated from their jobs. The young people now entering the factories present an opportunity for employers to end that alienation. Blue collar youngsters are as eager as the college students to become involved and to genuinely earn the pay and leisure that they seek. Essentially it is the task of management to give them that chance. As it is, the alienation...
...Gosh, all those folks at WWD sound as real and relevant as their product. Gee, how exciting and meaningful to wage "vendettas against designers" and fearlessly forecast skirt lengths. Wow, that kind of contribution to society must be ever so satisfying. Golly, when the world heals and we are free to abdicate our maturity, maybe we too can devote our second childhood to being cute, bitchy and frivolous...
...inexorable march of history, wrote Hegel, there occur moments when the sheer weight of accumulating events finally produces a decisive change. August 1970 may well go down as one of those moments, the beginning of the elusive "era of negotiation" that has been forecast by Richard Nixon...
...Administration policymakers view the prospect as victory-at last -for their economic game plan. If the general forecast is right, they will achieve their aims of curbing inflation and avoiding a full-scale recession, though the slowing down in prices will take much longer and the rise in unemployment will be higher than they had reckoned. The victory is also likely to be less than total. The Administration's goal once was to force price increases down to 2% a year; now some officials seem ready to settle...
Company and union men take it almost for granted that when contracts expire on Sept. 14, the auto workers will call a strike. The most widely anticipated action is for the union to hit General Motors, its toughest opponent. An alternative forecast is for an initial walkout against Ford, which seems more willing to compromise, to establish basic money terms of a contract; that would be followed by a shutdown of G.M. in which work rules would be a central issue. Many Detroiters expect the strike-or strikes-to last until Christmas, or later. The union's $120 million...