Word: palmeri
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Dates: during 1980-1989
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Businessmen fear that the strong dollar will force the U.S. to close its markets to foreign products. Says Aldo Palmeri, managing director of Italy's Benetton Textile group: "Our overseas exports are increasing by 100% a year, but before long American industry will be demanding restrictive measures against imports." Concurs Switzerland's Fritz Leutwiler, former president of the Bank for International Settlements: "We should be very concerned about the high dollar pushing protectionism in the United States...
Rockwell seems truly to empathize with the underdog and the outsider, especially in his discussions of Palmeri and the seminal Black jazz-funk alto saxophonist Ornette Coleman. Throughout the book, he stresses the importance of alienation in the creation and development of art and the plight of those who go unappreciated by their public. But he is severe on composers and artists who bend to the will of their audience and waters down his praise for popular musicians such as Keith Jarrett or Philip Glass...