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...China today, Lindsay remarked, "a very high state of political hysteria," prevails. The leaders of the country, utilizing a very rigid and extreme form of Marxist analysis, have even rejected the law of diminishing returns as a "bourgeois fallacy...

Author: By William D. Phelan jr., | Title: Lindsay, Lattimore Call Attitudes Toward Red China 'Unrealistic' | 11/28/1960 | See Source »

...shacks, slums and vacant lots that still make up most of the city and never appear in the propaganda. Gaunt and suspiciously prisonlike on the outside, the barracks-like apartment blocks have mess halls and community toilets but neither heat nor running water in the apartments themselves. But by rigid regimentation and the help of technicians from Eastern Europe, Communist North Korea has made impressive economic progress of a sort. Ninety-five percent of the peasants are herded into Soviet-style communes. Factory workers toil 12 to 14 hours a day for wages that average $21 a month in plants...

Author: /time Magazine | Title: NORTH KOREA: The Flying Horse | 11/14/1960 | See Source »

...General Motors' chairman is expected to be one of the most dignified men in the world." He rose through the financial side of the business, has never worked at making or selling a car. Donner does not consider this unusual. "People seem to think of accounting as a rigid little box," he says. "At General Motors the financial staff gets into all areas of the business more than any other staff...

Author: /time Magazine | Title: Business: G.M.'s Most Efficient Model FREDERIC GARRETT DONNER | 11/14/1960 | See Source »

Coach Norm Shepard's impressive but untried JV team (87 points in three games) will finally meet rigid opposition. Quarterbacks Grady Watts and Chuck Kinney will direct the Crimson attack against the Indians, perennially outstanding on the J.V. level...

Author: NO WRITER ATTRIBUTED | Title: JV's, Freshmen Face Dartmouth | 10/21/1960 | See Source »

...avoid conflicts, more and more companies are setting up rigid policing practices instead of relying on their employees' honor. North American Aviation, Convair and Douglas Aircraft all have strict written rules requiring executives to report the slightest outside involvement. Litton Industries requires its key executives to report their outside interests in writing yearly. Since the Chrysler furor broke, hundreds of companies have sent probing questionnaires to executives . and directors, are quietly investigating their purchasing and marketing practices. One Chicago businessman has private detectives make periodic checks on some 200 executives: "If I hear of one driving a Cadillac...

Author: /time Magazine | Title: CONFLICT OF INTEREST-: Ethics on the Ragged Edge | 10/17/1960 | See Source »

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