Word: profitable
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Dates: during 1990-1999
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...says Barrett, Harvard is not one to issue ultimatums--in part because it does not have the same kind of leverage that for-profit institutions of comparable size possess. Other large corporations, Barrett says, may threaten to pack up and leave the area--taking valuable jobs and tax dollars with them--if their demands aren't met. Harvard does not have that option...
Additionally, Barrett says, Harvard is not just another large business interest. It is a non-profit corporation with a reputation for liberal, progressive thought...
...deal when he saw it. "America's gone fat and sloppy, and for someone who's willing to go out there and kick ass, there's a lot of opportunity," he says. In the case of Mustang Meadows, Day and his two partners anticipated earning a $50,000 annual profit from a huge tract they assembled by buying 22,000 acres for $1.4 million and leasing 10,000 adjoining acres from the Sioux Indians. The money would come from IRAM's contract with BLM and the state of South Dakota, which pays the sanctuary an 85 cents-per- day subsidy...
...will succeed. Their work should be eased by large newly formed national-unity coalitions such as New Forum in East Germany, Civic Forum in Czechoslovakia and the Union of Democratic Forces in Bulgaria. Still, it is possible that after 40 years of Marxism ordinary workers will view the profit motive with hostility and insist that the government owes them a living. If that is the case, increasing penury could push Eastern Europe back into its 19th century bad habits: ethnic hatreds, border feuds, military juntas...