Word: groupthink
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Dates: during 1990-1999
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...their senses and chop a third or even a half off the value of solid American companies, like Xerox or Raytheon or Unisys, that screwed up for a quarter? Why do people who are perfectly rational shareholders the 11 other months of the year get gripped with a frenzied groupthink that forces them to shoot first and not even bother to ask questions later...
...Accidental Asian, Liu still distances himself from the identity politics of the multicultural left. He points out the folly in the idea that a shared Asian-American identity can be woven from the many strands--Japanese, Korean, Indian, Pakistani--of Asians in America. And he argues further that racial groupthink can stir up resentments and erect walls among the races. But Liu recognizes the importance of preserving ethnic ties, and unlike many conservatives, he resists dismissing those who still yearn for racial belonging. "While racial identity is sometimes a shackle," he writes, "it is not only a shackle...
...action and trumpeted by intellectuals. It produces and artificial, superficial diversity. It demeans blacks and Hispanics by saying that the essence of their being is their skin color, that the diversity they bring is literally skin deep. It treats them as an undifferentiated and homogeneous mass, characterized by Orwellian groupthink of the sort that post-war intellectuals said would never exist and that present-day intellectuals seem all too eager to abet...
...Angeles; 800-421-0180. This is the quiet power of the fund business. The Los Angeles-based company--managed by parent company Capital Research & Management, the nation's third largest fund group--neither attracts attention nor seeks it. Cap Re is one of those rare enterprises that succeed through groupthink. All its funds are managed by half a dozen or so managers along with dozens of research analysts. The results are notable in overseas investing, as with its EuroPacific Fund. Downside: its stock funds carry 5.75% loads and its bond funds...
...Wendy has an insatiable curiosity," says chief of correspondents Joelle Attinger, "that routinely takes her beyond groupthink or the easy take on just about any story." Says assistant managing editor Stephen Koepp, who edited the Fargo story: "She has a rare affinity for both people and numbers, which can bring a policy story vibrantly to life...