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Word: mcdonaldization (lookup in dictionary) (lookup stats)
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...Adlai Stevenson," replied McDonald...

Author: /time Magazine | Title: THE ECONOMY: Behind the Fog | 12/21/1959 | See Source »

...United Steelworkers' President David J. McDonald strode into the elevator of Washington's Sheraton-Carlton Hotel one day last week and growled: "I can tell you one man who isn't going to be President...

Author: /time Magazine | Title: THE ECONOMY: Behind the Fog | 12/21/1959 | See Source »

What had Democrat Stevenson done to offend? He had aggrieved Democrat McDonald by speaking out forthrightly on the steel strike that had dragged on for 116 days until interrupted by a Taft-Hartley injunction, and that threatens to erupt again when the So-day injunction runs out in late January...

Author: /time Magazine | Title: THE ECONOMY: Behind the Fog | 12/21/1959 | See Source »

...deep disgust at the "irresponsible use of economic power." But despite public disgust, despite President Eisenhower's stern admonition before he departed for Asia that "America needs a settlement now," despite the danger than an aroused public might prod Congress into passing drastic antistrike legislation, Dave McDonald and the steel industry's negotiator, Conrad Cooper, broke off negotiations at midweek in another display of stubborn disregard for the public interest. McDonald airily demanded that the steel industry return to company-by-company bargaining (the big steel companies set up an industry bargaining committee in 1956), a demand that...

Author: /time Magazine | Title: THE ECONOMY: Behind the Fog | 12/21/1959 | See Source »

...vote will probably be no-as it has always been in such cases-but industry was gambling that there would be enough yeses to embarrass McDonald. In any case, union leaders are not bound by the vote; they can call another strike even if workers want to accept the offer. If no settlement is reached, the Taft-Hartley injunction will be dissolved shortly after the vote. The Government will have no way of preventing a new strike, since the President has exhausted the measures he can take under the present law. Federal Mediator Joseph Finnegan called union and management together...

Author: /time Magazine | Title: Business: These Mulish Men | 12/14/1959 | See Source »

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