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Word: mcdonaldization (lookup in dictionary) (lookup stats)
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Union Power Play. Early in the week McDonald scored on his divide-and-conquer campaign in a friendly contract-signing session with Chairman Edgar Kaiser of California's Kaiser Steel Corp. (2% of steel capacity). Steelman Kaiser (see BUSINESS), refusing to stick with other operators through the injunction procedure, signed a 20-month union contract giving his 7,500 employees a yearly wage-and-fringe-benefit boost worth 11.25? an hour, only a quarter of a cent more than the last industry-wide offer. To the Kaiser company, the terms made special sense because of its special situation, which...

Author: /time Magazine | Title: THE ECONOMY: The Bind in Steel | 11/9/1959 | See Source »

...minutes later, wavy-haired United Steelworkers President David J. McDonald drifted in to talk sonorously to scribbling reporters. "We've engaged in another exercise of futility. Industry deliberately maneuvered and stalled and engaged in all kinds of fakery." Industry strategy, he charged, was to depend upon the Taft-Hartley law's 80-day injunction as "a bargaining tool" to drive strikers back into the mills...

Author: /time Magazine | Title: THE ECONOMY: The Bind in Steel | 11/9/1959 | See Source »

...Difference. Both sides were waiting for the U.S. Supreme Court to uphold or reject the U.S. petition for a Taft-Hartley injunction suspending the strike for 80 days. But the McDonald v. industry exchange on the strike's 109th day revealed a crevasse too wide to be bridged by Taft-Hartley injunctions, or even by the Federal Mediation and Conciliation Service's summons for both sides to report to Washington this week for talks...

Author: /time Magazine | Title: THE ECONOMY: The Bind in Steel | 11/9/1959 | See Source »

Union Boss McDonald exploited the break by signing Kaiser-style contracts with Detroit Steel Corp. and Granite City Steel Co., small companies (less than 1% of U.S. capacity each) that have been operating throughout the strike on union-granted contract extensions. But McDonald's drive never got beyond the easy pickings of the minors, soon hit the stiffened wall of major company resistance. Top steel negotiators declared that the Kaiser contract 1) would cost non-Kaiser companies nearly half again as much, 2) provided contract reopening in 1961, which was "intolerable to all," and 3) left work rules...

Author: /time Magazine | Title: THE ECONOMY: The Bind in Steel | 11/9/1959 | See Source »

...supplement to research, students get new perspectives on their topic from prominent guest speakers. For the Conference on American inflation, the School has invited Arthur Burns (former Economic Advisor to the President), the chief lawyer for David McDonald's Steelworkers Union, and Senator Clark of Pennsylvania. In coordinating top-flight outside speakers with its academic program, the Woodrow Wilson School sets an example which might be followed with profit in Harvard College...

Author: By Craig K. Comstock, | Title: Woodrow Wilson School: "An Air of Affairs" | 11/7/1959 | See Source »

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