Page 2558 - 1970S

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TIDAL WAVE OF RED INK
STRAINS U.S. ECONOMY
3
The soaring United States national debt
threatens to undermine economic recov–
ery.
BUREAU REPORTS
5
Our bureau chiefs and correspondents
around the world analyze current trends
in their areas.
6
THE INCREDIBLE HUMAN POTENnAL.. .
The
Mi.sslng
Dimension in Knowledge
A deeper dook into man's purpose and
future.
7
POLITICS OF ETERNITY
The history of man is a record of religiqus
con fli ct. Which side was God on?·
8
BOMBAY-Vision of lndia's Future
At a dinner in his honor in Bombay,
Herbert Armstro(lg discusses the major
issues facing mankind . Meanwhile the
city itself wrestles with the dilemma of
development.
12
W HY NOT?
Are you living in a rut? Here is a little
recipe for making sorne welcome changes.
IN BRIEF-
13
Herbert Armstrong brings a message of
hope to more than 400 representativas
of the three branches of lndian state
government.
GARNER TED ARMSTRONG
SPEAKS OUT!
American arms manufacturers see only
dollar signs as they look at the lucrativa
Middle East market.
2
.,
THE EIGLISH SICKIESS
by
Jefl Celkins
"Worsl crisis yel, " " worsl sinoe 1he
War. ··
Tho
words appear with monolonous
regulari1y. Brilain is tialhed in bad news.
London's
Financia/ Times
linds ilsell
quo1ing lhe poelry of T. S. Elio110 de·
scribo Bri18in's growing mood ol possi·
mism: "Oh dark. dark, dark, and dark lhe
sun and moon • . • ánd cold 1he sense
and tos11he mouve of aCiion."
Al curren1 pnces. Brilain's lop
1.000
fonns could easily be purchased wnh
aboul lwo lhirds of this year's Arab ool
surplus lunds. The irony is lhal lho
Arebs, oven were lhey in1eres1ed ih
such action, may not cons.ider those
Brilish firms very good risks.
The Origins ol the
" English Disease"
Nol all Bri1ons leel lhe impact ol 1he
economec woes setthng down
on
their
nabon
While
inllation
is skipping
along
81
over
20~.
wago eamersbelonging10lhe
big labor unions have received pay in–
creases ofmore1han 1hat. shielding 1hem
from the immodiatodebililatingelfectsof
inllat•on. Sonsing the irony belween na–
IÍonal collapse and individual pseudo–
prosperily, American journalist Joseph
AIS?P rjtcen!l)'
~?mP.a!"d
l').e. scone in_
England 1oday 10 a large and Jolly par1y
held on the deck of lhe Titanic.
h •• always mOle 1empling lo blame
others lor one's mislortunes - on Bnt·
a•n' s case. the Arabs "" lhe continonlal
banker$ - than it is to blame onesetl.
The uu1h IS, Britain's general economic
malaise - the so-called "English Ois–
ease" -can be uaced to 1he int erplay
.of British sociely and ideology.
Much is wrinon about trade union ob–
stinacy, But
Fortune
magazJne has un–
covered some surprising facts : The
average 8ri1i$h worker puiS in as long e
workweek as his French or Gennan
counlerpartl Over hall of BriiiSh manual
worker$ pul in overtime. The problem os
lhal the oulput ol the average British
worker os much tower. And thal pho·
nomene more often than not is as much
a problem ol management as ol the
workers.
Low
ouq¡ut stoms basically
lrom
Brilain's
hislorically low wages. They provide a
worker with little incentive to
work
harder, bul they do give an employer
reason lo foresta
ti
modemtzalton; yeln–
equipmenl
i1l
one of the most desporale
neods ol British induslry loday.
On the other sida of the
turbul~nl
Bri1ish labor-managemenl tabla. i t is a
fact that the
s~ructure
and opora1ion ol
1he unions stymie production. Authority
is so widely disporsed thal a shop stew–
ard may call a strike and bring a factory
10 a slandstill even lhough the rest ol
lhe workers don'1 wish 10 slop work
Result: Enghsh work s1oppages -
many of lhem
ol
the wildcal varieiY -
have much more devastating effects
than strikes in o1her na1ions.
Clashing Classes
The uoubles of labor management re–
lalions and low produc1ivi1y are rooted
in a yet more fundamenlal problem -
neal'ly unbridgeabla social divisions
which stubbornly persist in English so–
ciety.
"Two nalions . _ _as ignoreni of each
other's habits. thoughts, end leel ings,
as il they were dweller$ in d1tterent
zones or inhabitants ol dilferent plan–
eiS - - ." once wro1e Ben.tamin Disraeli
aboul the nation's
two
sooal classes.
The panem has no1 changed appre–
ciably in over
130
years.
George Orwett callad Brilish sociely
1he " most class-ridden under tho sun."
Nowhere in lhe Western world today
are socia·t distinctions more apparent –
and nowhere do they have such adverse
economic effects.
More than in any 01her counlry in lhe
free world. British laborers look down
upon those' who wanl 10 1mprove their
social status by nsong up lhrough the
corporale ranks. ConsequenUy, the Bril–
ish working elass 1ends 10
be
less am–
bitious than its counterpan in other
countries.
British managemont, on the olher
hand, drawn almost oxclusively from
1he middle and upper classes, often
eloses its_eyes on its own labor probl11m;;
because it doesn'1 wan1 10 doai >Wliñll!nr-–
onother dass.
As
a whote, Bnush management has
chalked up a generally
poor
record of
decision making. One mejor swdy dis·
coverod lhat foreign-owned companies
in Britain receive a better return on their
irwestmems than domestically ownod
lirms. According to another linding. the
anitude ol British induslry is basicatly
defensive and "cuslodial in oullook."
Tim1d corporate managemen1 porsonnel
are slow to racognize expon opponu–
nilies. as 1hey are beuer uained by Brit–
ish priva1e schools to
be
bureaucrats
than business executrves
Britain's economic tlls have been ag·
gravated
by
the steady
oxpenston
since
World War ll of 1he counlry's even more
inefficient public sector at the expense
ol1he private. The idoa seems l o be: lf i1
doesn' t work, nationallze 11.
Very Llttle England?
Thus like the Spanish ampire beiOle
her, Brilain is slippong and Slumbfing to
lifth-nne wor1d status. Even 1he anempt
to find a ''new rdentity.. wuhin the
Common Markel laces a bleak fulure.
This summer lhe Brit ish public will,
l hrough a national relerendum. havo
the chance to vote on whether Britain
will stay in 1he Markel or ge1 ou1. Since
the bu¡eaucra1s In Brussels are also
blamed - unduly - lor Britain's poor
economic showrng. rt wrll not
be
surpns–
ong if the British decide 10 pan company
with the Commun•IY·
But
regardl~
ol whet heppens. the
symptoms ol
the
Englosh Oisease will
likely persist, for lhey have become
interwoven in 1ha fabric ol Brilish
lite. They are in«ensely resis1an1 to
chango .
Yet change England must .
t:l
WEEK llNOING FEB.
22.
1975