Word: alism
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...probably not for very long. Political and economic freedom tend to go together. Early in the century, Theodore Roosevelt laid the foundation for a government-guided free market, one that encouraged individual initiative while protecting people against cartels and the colder faces of capitalism. His cousin Franklin confronted capit alism's greatest challenge, the Great Depression, by following these principles. Half a world away, Lenin laid the groundwork for a command economy, and his successor, Stalin, showed how brutal it could be. They ended up on the ash heap of history. Although capitalism will continue to face challenges, internally...