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Word: mcdonaldization (lookup in dictionary) (lookup stats)
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...nation's basic industry abruptly dimmed last week in Pittsburgh. Instead of a new labor contract by March 1, as industry leaders had predicted, the Steelworkers' Union and the eleven top U.S. steel companies laconically recessed their formal negotiations until May 1. Said Steelworkers President David McDonald: "We have not been able to reach any understandings on either economic or noneconomic issues...

Author: /time Magazine | Title: State of Business: What Happened in Steel | 3/9/1962 | See Source »

ARTHUR L. MCDONALD...

Author: /time Magazine | Title: Letters: Feb. 23, 1962 | 2/23/1962 | See Source »

...management last week spread word that they expect no repetition of 1959's disastrous, 116-day strike, have decided to start their talks earlier than before so that they can iron out their differences well before the current three-year contract expires on June 30. Bluff David J. McDonald. 59, president of the United Steelworkers, was jocularly casual about how he expected to start bargaining with his laconic adversary, U.S. Steel Corp. Executive Vice President R. (for Richard) Conrad Cooper. Said McDonald: "I'll call Coop and say I think we've got the rooms...

Author: /time Magazine | Title: State of Business: Statesmanship in Steel | 2/16/1962 | See Source »

Looking for a Cushion. With his union's membership among basic steelworkers down 23% since 1957, McDonald has reason to go easy. Following his lead, the Steelworkers' wage-policy committee last week scrapped its customary pre-bargaining talk of big pay boosts and 32-hour weeks, came out instead with general bargaining goals that management officially hailed as "a more moderate approach than in the past...

Author: /time Magazine | Title: State of Business: Statesmanship in Steel | 2/16/1962 | See Source »

...line, pledged that if they did so, he would urge Steelworkers to temper their wage demands. Since then, he has wooed U.S. Steel Chairman Roger Blough in private chats. Fortnight ago, Kennedy and Labor Secretary Arthur Goldberg huddled secretly for two hours one evening in the White House with McDonald and Blough. Kennedy wants 1) a quick settlement to head off any first-half splurge and second-half slump in inventory buying, 2) no increase in prices, and 3) only such wage and benefit increases as are warranted by increased productivity...

Author: /time Magazine | Title: State of Business: Statesmanship in Steel | 2/16/1962 | See Source »

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