Word: high-tech
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...other camp are the so-called neoliberals. They reject the notion that government can solve social problems by throwing money at them. Instead, their emphasis is on formulating national policies to promote economic growth. The neoliberals are also called high-tech Democrats, for their emphasis on steering the economy away from troubled industries like automobiles and steel to high-technology firms specializing in microchips and computers.* They include Senators Gary Hart of Colorado, Paul Tsongas of Massachusetts, Bill Bradley of New Jersey and Congressmen Panetta and Richard Gephardt of Missouri...
That is exactly what disturbs many of the old-line liberals, who fear that the high-tech Democrats will neglect the party's traditional commitment to the poor and minorities. Kennedy alluded to this in Philadelphia. "Rethinking our ideas should never be an excuse for retreating from our ideals," he declared. "The last thing this nation needs hi the 1980s is two Republican parties." Mondale does not criticize the neoliberals so strongly, but he is nevertheless wary of their proposals. Says he: "You can't have a banner with a microchip...
...cultural identity of a firm can range from supercharged overdrive to bureaucratic caution. At Tandem Computers Inc., a rapidly growing high-tech firm south of San Francisco, the work week ritualistically climaxes in Friday-afternoon company-sponsored beer busts in the company cafeteria. By contrast, Dallas-based Mary Kay Cosmetics seeks more of a frills-and-lace image. Each year, at lavish seminars, the top producers among the firm's virtually all-female sales force are awarded pink Cadillacs, diamonds and mink coats...
...question for the future of this city and this state is where will the expanding high technology firms locate," Lindquist says. But he adds that "so far, high-tech manufacturing hasn't really knocked on our door...
Many of the high-tech companies with manufacturing operations in the area have settled in the rural and suburban areas, such as the so-called "technology belt" along Route 128. "To make sure those kinds of industries come into the city," Lindquist continues, "we would have to really best the bushes and actively recruit. Then we would have to offer incentives." In other words, Cambridge would need the comprehensive employment and development plan it now lacks...