Book‐reviews

World Commission on Environment and Development, Our Common Future. (The Brundtland Report). Oxford, Oxford University Pres, 1987. pp. XV + 387.     

The dilemma of recognition: Administrative categories and cultural diversity

Governments around the world combat inequality by means of group-specific redistribution. Some pursue redistribution that benefits groups, but also wish to avoid accentuating or even recognizing group distinctions. This poses a dilemma that they try to resolve by adjusting the category system used to target redistribution. There are three types of adjustment: accommodation (the multicultural approach), denial (the ideal-typical liberal solution), and replacement (a compromise). In replacement the targets of redistributive policies are constructed to avoid accentuation or recognition of inconvenient group distinctions, but still allow redistribution that benefits these groups. Replacement is increasingly in demand around the world because the disadvantages of multiculturalism are becoming apparent while denial is hard to sustain in the face of group inequality. The actual effect of replacement is little researched and less understood, however. Does it resolve the dilemma of recognition? Two examples–India and Nigeria–where replacement has been tried ever since the 1950s cast doubt on its viability.     

Labor relations and technological change at Canadian Pacific Railway

There was a time in this fair land when the railroad did not run When the wild majestic mountains stood alone against the sun Long before the white man and long before the wheel When the green dark forest was too silent to be real For they looked into the future and what did they see They saw an iron road running from the sea to the sea Bringing the goods to a young growing land All up through the seaports and into their hands From “Canadian Railroad Trilogy” by Gordon Lightfoot The authors thank CPR managers and union officials representing CPR employees for their cooperation and patience in explaining the intricacies of the railroad industry. Special appreciation is extended to Jason Copping, Labour Relations Manager, for his facilitating our initial access to the company.     

Rock ‘n’ Roll Music as a Timepiece

This essay illustrates the value of time in understanding baby boomers' experiences of rock ‘n’ roll. In a distinctively interactionist style, I use time as a sensitizing concept in my research on this phenomenon. The orientation that guides this research is methodological tourism, by which the researcher treats something as common and taken‐for‐granted as rock ‘n’ roll music in everyday life as strange if not exotic. Structurally, songs about time constitute the most visible temporal structures in the world of rock ‘n’ roll. Interactionally, I will argue that the concept of the cohort is more useful than that of the decade for an interpretive analysis of musical nostalgia, a key feature of the phenomenon in question. Illustrations of the reflexive relationship between rock ‘n’ roll and time in middle age include using awareness of recent deaths of rock ‘n’ roll performers to interpret the existential significance of aging; using rock ‘n’ roll songs as benchmarks for significant events such as birthdays and anniversaries, as well as gift giving for these events; and using rock ‘n’ roll music to pass the time.     

The Texaco racial discrimination case and shareholder wealth

We analyze the wealth ejfects of the Texaco racial discrimination lawsuit both on the shareholders of Texaco and its major U.S. competitors. Employing a comprehensive data set which included every case docket entry and every Wall Street Journal article on the case as an experimental stimulus, our findings suggest that the overall cost of the case to Texaco shareholders exceeded $500 million, that Texaco's tribulations had little, if any, impact on the share prices of its major competitors, and that Wall Street Journal coverage of the case was highly correlated with significant changes in Texaco stock prices. This last finding provides significant support for Hite 's suppostion that newspaper editors “key ” on ex post stock price changes in selecting the events to be covered in the next day's edition. The authors are grateful to Kee Chung for helpful comments on earlier drafts and also acknowlege the help-ful assistance of the staff of the law library at the Cecil C. Humphreys School of Law at The University of Memphis.