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Word: affluent (lookup in dictionary) (lookup stats)
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Such rapidly industrializing, fairly affluent and capitalistic countries as Singapore, Taiwan, South Korea and Malaysia have totally different problems and priorities from many dirt poor and authoritarian African nations. Although the LDCs presented a façade of commonality on the floor of the conference, their changing interests were obvious. Calls for a new economic order were often ignored by the advanced-developing countries...

Author: /time Magazine | Title: Business: Less Developed, More Divided | 6/18/1979 | See Source »

...point out the dangers inherent in overly exuberant recycling. One is what planners call "bouti-quification," in which remodeled quarters tend to be filled with souvenir shops, candlemakers and T shirt dispensers. A more serious problem is what the English referred to as gentrification: the process by which affluent couples take over and rehabilitate rundown districts, leaving no place for their former low-rent occupants to go. This has not been allowed to happen in Savannah and other cities where minority groups, assisted by token loans, have been able to rehabilitate their own neighborhoods with sweat equity. Such programs benefit...

Author: /time Magazine | Title: LIVING: The Recycling Of America | 6/11/1979 | See Source »

Like his mentor L.B.J., Jones is more interested in advancing by compromise than confrontation. After whining a seat in Congress from an affluent and largely Republican district of Tulsa in 1972, he was assigned to the tax-writing Ways and Means Committee in 1974. When the tax-cut bill bogged down in the committee last summer, Chairman Al Ullman asked Jones to see if he could find a compromise. Jones pieced together a combination of general tax reductions and capital-gains cuts that won the committee's endorsement. When the legislation came to the House floor...

Author: /time Magazine | Title: Business: Then Along Came Jones | 6/4/1979 | See Source »

...Smith, 72, foresighted director of Buffalo's Albright-Knox Art Gallery from 1955 to 1973; of a heart attack; in Buffalo. By boldly purchasing works by such contemporary painters as Jackson Pollock, Willem de Kooning, Jasper Johns and Arshile Gorky before they were widely bought by larger, more affluent museums, Smith and the museum's angel, Woolworth Heir Seymour H. Knox, assembled a collection of abstract expressionist art that is virtually unsurpassed...

Author: /time Magazine | Title: Milestones, Jun. 4, 1979 | 6/4/1979 | See Source »

Although Carter himself is an affluent entrepreneur (his peanut business gave him a personal net worth of $800,000 in 1977), he is uneasy with big corporate executives. He rarely meets with them, and when he does, the mood is often strained. "The President," explains one Cabinet officer, "doesn't like anything big. He is not comfortable with Big Labor, Big Business or the Big Press...

Author: /time Magazine | Title: Business: Carter vs. Corporations | 5/28/1979 | See Source »

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