Word: approachement
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...technology as the solution, not the problem: Though media companies and the government have relied on lawyers to fight digital piracy, Lessig highlights the much more logical approach of Apple CEO Steve Jobs, who chose to forgo such legal weapons in favor of a "fight-fire-with-fire" approach - Digital Rights Management, or DRM. This code limited the redistribution of iTunes songs, thus reassuring record companies that the online music store wouldn't be a total rip-off. "DRM was thus a speed bump: it slowed illegal use just enough to get the labels to buy in." But Lessig also...
...system, and banks should have confidence in each other, too. Look at the numbers. Most banks still have strong capital and loan loss reserves. They have the capability to withstand this if we all keep our heads and maintain confidence in each other. That's the best way to approach...
...that panic, they had a hard time figuring out what to do. The weeks that Paulson and Bush spent pushing Paulson's orignal bailout plan - in the face of massive opposition - were weeks that could have been spent actually fixing the problem. At this point, we need a comprehensive approach. Another failed faint attempt could be disastrous. Here's a five-step, comprehensive approach...
...thoughtful than the U.S. in figuring out what needs to be done. Even before the crisis turned global, French President Nicolas Sarkozy, in his address to the U.N. last month, called for a world summit to lay the foundations for more state regulation to replace the current laissez-faire approach. We may be at a new "Bretton Woods moment." As the world emerged from the Great Depression and World War II, it realized there was need for a new global economic order. It lasted more than 60 years. That it was not well adapted for the new world of globalization...
Gage: Well, maybe the question is ... To what degree does it matter? So we think of someone like L.B.J., who everybody knows had this very ... volatile temperament. He liked to kind of intimidate his staffers, bring them close, and you had this whole approach. And the question is, So to what degree did that matter? To what degree did that change political outcomes...