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Word: mcdonaldization (lookup in dictionary) (lookup stats)
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Said Union President David McDonald: "The agreement was reached without government intervention or pressure from any outside source." As for the companies, Kaiser Aluminum spoke for them when it called the new contract "an outstanding example of collective bargaining working as it should work...

Author: /time Magazine | Title: Labor: Forgotten Method | 7/6/1962 | See Source »

...Kennedy, U.S. Steel's price-hike decision was a personal affront. Through Secretary Goldberg, he had all but presided over U.S. Steel's labor contract negotiations. He had personally urged both labor and management to exercise "restraint." His Administration had persuaded United Steelworkers' President David McDonald to agree to a "noninflationary" contract: it included no wage raise, called for an increase of about 10? an hour in fringe benefits. Throughout the meetings with union leaders and Administration officials, the steelmen had given no indication that they planned to boost prices. In fact, they said nothing whatever about...

Author: /time Magazine | Title: The Presidency: Smiting the Foe | 4/20/1962 | See Source »

...steel negotiations. Goldberg impressed upon "Coop" that John Kennedy wanted early bargaining and a quick settlement so as to avoid a surge and subsequent slump in steel buying. Soon after, at the A.F.L.-C.I.O. Convention in Miami's Americana Hotel. Goldberg told the same to Dave McDonald. Though the Administration firmly denies that it dictated terms, it did declare publicly that any increase should approximate the 2% to 3% annual increase in productivity...

Author: /time Magazine | Title: Business: Steel's New Deal | 4/6/1962 | See Source »

Goldberg then opened a telephone barrage to steel leaders across the U.S. After a two-hour discussion in the White House between Kennedy, Goldberg, McDonald and U.S. Steel Chairman Roger Blough, the formal negotiations began-only to break down abruptly, with both sides far apart (TIME, March 9). Several days later, Blough and then McDonald were summoned to Goldberg's office. The President also talked with each of them on the telephone. Just what carrots and sticks were held out, the Administration does not say-but the negotiators promptly got together again and settled down to resolving their differences...

Author: /time Magazine | Title: Business: Steel's New Deal | 4/6/1962 | See Source »

...Kennedy Administration alone was responsible for bringing statesmanship to steel. Growled the American Metal Market: "Free collective bargaining, which has been on the way out the window, may have gone all the way." At the Pittsburgh press conference where the tentative agreement was announced, both Cooper and McDonald glowered sullenly until a photographer prodded them into brief, mechanical grins with the comment: "Since this is supposed to be a happy occasion, it might not be a bad idea to smile...

Author: /time Magazine | Title: Business: Steel's New Deal | 4/6/1962 | See Source »

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