Word: movement
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Dates: during 1990-1999
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...power of the U.A.W., it would also become known as America's most corrupt union. That the two men, almost polar opposites, should have existed in the same city at the same time is not just remarkable. Their differences would define the deepest schism in American labor, splitting the movement into two irreconcilable camps, one progressive and idealistic, the other conservative and avaricious...
...CORVAIR The novel car with its rear-mounted engine is prized by collectors, but its glaring deficiencies helped launch the automotive-safety movement, leading to seat belts, air bags and antilock brakes...
...U.A.W. convention, Reuther emerged as president in a closely fought race, on a platform against Soviet communist "outside interference" and for a new, more socially conscious approach to collective bargaining. He pledged to work for "a labor movement whose philosophy demands that it fight for the welfare of the public at large...We won the war. The task now is to win the peace." Two years later, a would-be assassin, for reasons still unknown, fired shots through Reuther's kitchen window, shattering his right...
...Reuther, unionism was not confined simply to improving life at the workplace. He viewed the role of the union as a social movement aimed at uplifting the community within the guarantees of democratic values. After his untimely death, with May, in a plane crash in 1970, waves of downsizing devastated cities and created problems for labor that still exist today. You can just imagine him wading into the fight against wanton job destruction, done for the sake of propping up corporate balance sheets...
When the Dow peaked at 985 in 1968, the conglomerate movement comprised dozens of America's largest companies, including Textron, Litton, Teledyne, Raytheon, Walter Kidde & Co. and US Industries. The movement would sputter to a halt in the '70s, its oxygen cut off by rising interest rates and a falling market. A surprisingly anticonglomerate Nixon Administration crimped the most aggressive expansions in the interest of protecting what Ling calls "the smokestack-industry crowd" of old-line executives. Ling was forced out of LTV in 1970 as part of an antitrust settlement. Bluhdorn died on a company jet in 1983. Geneen...