Word: naderism
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...studies of big business have appeared almost simultaneously. One is a Nader's Raiders report, The Closed Enterprise System, and the other is a widely acclaimed book, America, Inc. (see box). Both argue that giant size gives the biggest U.S. corporations the power to hurt the consumer by charging excessive prices, engaging in collusive dealings and ignoring public concern about product safety and pollution. Nader's Raiders advocate the breakup of every U.S. corporation that has assets of more than $2 billion-except for "natural-monopoly, rate-regulated public utilities like...
...view of Nader's Raiders and the authors of America, Inc., the Mitchell-McLaren policy is grossly inadequate because it leaves untouched the nation's already existing aggregations of economic power. The critics complain that the 200 largest U.S. corporations control about two-thirds of all manufacturing assets, a degree of concentration that some economists had not expected the U.S. to reach until 1975 at the earliest. The critics have brought up again the oldest question of antitrust policy: Is bigness, in itself, bad? They reply with a ringing...
...that he wept when Eddie and Tricia walked down the aisle (he wept at his own wedding too). Luci at one point startled FBI Director J. Edgar Hoover by planting a resounding kiss on his cheek. Lynda Johnson Robb and her husband Chuck were in deep conversation with Ralph Nader. The sentimentality of the day was relieved by gleefully acerbic Alice Roosevelt Longworth, 87, a White House bride in 1906. Asked by TIME'S Bonnie Angelo if the wedding brought back memories, she replied: "No, it doesn't bring back one goddamned memory. I was married before...
...admen often tout their clients' products with such boasts as "lowest priced in its field," "recommended by more physicians," or "three times longer-wearing." Last week the Federal Trade Commission moved to check the claims. Prodded by Ralph Nader and other consumer advocates, the FTC decided that it will issue periodic orders to companies to submit proof of their ad pitches relating to safety, performance, efficiency, quality and comparative prices. The first orders are expected to go to auto companies, probably within three months, and the FTC later will focus on other big advertisers, industry by industry...
There are other graduates who want to make movies or go into business. And others who are going to work for McGovern or McCloskey or Nader. And others who, as it turns out, are going to do nothing...