Rice, Victor A.
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Less is more. Less confrontation between government, business, and labour; more collaboration. Less demand for the quick fix in economic policy; more perception of the need for basic structural changes. Less lip service to the urgent requirements of job creation; more productive investment. Less inclinationto resolve economic issues among nations by throwing up more trade barriers; pay less heed to the notion that we can cure liquidity problems in the developing world by cutting off the flow of credit. Less alienation among workers; more understanding of the causes of that alienation. Experiences of managing with less at Massey-Ferguson. Ways in which the rules of the economic game have changed: a global economy; governments have become massive economic institutions; economic power has become highly concentrated; the Third World has emerged as a major economic force. Specific solutions that Massey-Ferguson employed.