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...interests of these middle-class workers mesh nicely with the principles and promises of Reagan's supply-side philosophy. Not only would his across-the-board reductions in personal income taxes be popular among workers earning $20,000 annually, but the projected increase in industrial output resulting from savings increases, corporate tax breaks, and defense expenditures seem to promise higher employment in the capital-intensive, high-wage industrial sector...

Author: By Siddhartha Mazumdar, | Title: Labor's Two Worlds | 9/18/1981 | See Source »

...learning something" is almost an obsession with Gould. An associate who has worked with him for five years says, "The amazing thing about Steve's work is that because of his broad range of interests, he's always learning from his own writing." And Gould's interests--and his output--have been broad indeed. In 1975, after publishing nearly 50 articles in scholarly journals over 12 years, Gould published his first book, an academic work called, Ontogeny and Phylogeny. (If you think the former recapitulates the latter, think again.) Two years later, he published his first collection of the monthly...

Author: By Jeffrey R. Toobin, | Title: Sitting Pretty--But Not Sitting | 9/14/1981 | See Source »

...near disasters, and several Hong Kong investors left in frustration. The Ford and Mitsubishi distributor in Hong Kong and the Chinese set up a joint venture to assemble trucks and buses in Shenzhen. But the plant has become a heavy money loser, operating at only a fraction of potential output because of haphazard management and the lack of skilled workers...

Author: /time Magazine | Title: Bold Experiment | 9/7/1981 | See Source »

...make successes out of the SEZS, and they have accepted some needed reforms. Government bureaucrats are yielding more and more management control to the visiting capitalists, who can now name their own local bosses in some instances. Soon foreign managers will have the leeway to hire and fire workers. Output was dismal at the Electrical & Electronics Ltd. appliance plant until Owner Y.K. Chen insisted on bringing in his own supervisors to direct the operation. The factory is now run by Yip Shao-Chen, 24, a woman from the ranks of the assembly line...

Author: /time Magazine | Title: Bold Experiment | 9/7/1981 | See Source »

...poultry-raising operations, hotels, shipbuilding yards and even a Pepsi-Cola bottling plant. The LMK Group, a Hong Kong textile and garment maker, has invested $14 million in a large dyeing factory in Shenzhen that will employ 250 workers. Managing Director Eddie Lo predicts that LMK will have an output of 6 million yards a month by mid-October, and he already foresees expanding the operation to include spinning, weaving and garment making...

Author: /time Magazine | Title: Bold Experiment | 9/7/1981 | See Source »

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