Word: sectored
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...wage gains--by Portugese workers. But most western capital, particularly American loans and credit channelled through the World Bank and other agencies, has strings attached: the 'stabilization' of the nation, meaning an end to strikes, enforced wage cuts, and higher prices making revenues for a revived private industrial sector. Aid under such terms would destroy any hope for Portugese socialism, while workers would be recalcitrant and possibly violent if sacrifices were forced on them in the name of U.S. and other capitalist nations' investment policies...
...wage "export platform" countries like Taiwan and South Korea, where the costs of production are many times lower than in the U.S. Twenty five per cent of the workers employed by the 298 global corporations listed by the Department of Commerce now are outside the U.S., while the manufacturing sector as a whole is losing jobs at a rate six times that of the 1950s...
French President Charles de Gaulle acted "in the manner of a supreme commander asking for information from a sector commander" when he first met West Berlin Mayor Willy Brandt in 1959. Soviet Party Chief Leonid Brezhnev, on the other hand, led the way to a well-stocked party when he welcomed Willy, then Chancellor of West Germany, to the Crimea years later. Brandt's account of both meetings is part of his upcoming memoirs, Encounters and Insights, the first installment of which appeared last week in the West German newsmagazine Der Spiegel. Lyndon Johnson, writes Brandt, was basically...
...wage gains--by Portuguese workers. But most Western capital, particularly American loans and credit channelled through the World Bank and other agencies, has strings attached: the "stabilization" of the nation, meaning an end to strikes, enforced wage cuts, and higher prices making revenues for a revived private industrial sector. Such conditional aid would destroy any hope for Portuguese socialism, while workers would be recalcitrant and possibly violent, if sacrifices were forced on them in the name of U.S. and other capitalist nations' investment policies...
...BECOME apparent that contemporary European capitalism derives a great deal of its vitality from the fact that economic and political conflicts take place within different borders. Developed countries must be able to exploit a politically disen-franchised sector of the labor force more intensely, and to export the economic and political costs of unemployment to underdeveloped countries, both of which migratory labor makes possible. Thus political stability and economic growth in the industrial centers of western Europe depend on the political divisions between countries within a continent which is at once economically integrated and unevenly developed...