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...nestle beside Italianate mansions along the quiet, winding streets. Well-coiffed women in fur coats promenade upon the snow-dusted sidewalks. The district that housed many of Hungary's pre war magnates now shelters a different breed of plutocrat: the entrepreneurs who have prospered under the country's unique brand of "goulash Communism...

Author: /time Magazine | Title: Other Heresies: Hungary | 6/21/2005 | See Source »

...heart of Yugoslavia's brand of Communism is "workers' self-management," Tito's notion that the means of economic production should belong directly to workers, rather than to the state. The Yugoslav system now depends on Basic Organizations of Associated Labor, which are, in theory, voluntary groups of workers who make any type of product...

Author: /time Magazine | Title: Other Heresies: Hungary | 6/21/2005 | See Source »

Life is surprising as it happens but remarkably predictable in retrospect. Once time has conferred its brand of wisdom, even the least perceptive person can look back and recognize how one misstep of fate led to another. Thus a hallmark of growing older is the increasing impact of memory, simultaneously spurring regret and reconciliation. Those conflicting impulses are at the heart of Michael Frayn's Benefactors. Its four characters, addressing the audience from the perspective of middle age, watch themselves in flashback as exuberantly misguided young adults. And although the play's nominal topics include high-rise architecture, neighborhood preservation...

Author: /time Magazine | Title: Theater: Dark Comedy: BENEFACTORS | 6/21/2005 | See Source »

...singling out innocent victims at the Rome and Vienna airports [WORLD, Dec. 30], terrorists have once again shown themselves to be lacking decent values and conscience. There is no rationale or political ideology, including reprisals for past wrongs, that can justify such an atrocity. This latest act should brand these terrorists and their cause, as well as those who support them, with shame, dishonor and world condemnation. Bart Gethmann Wheaton...

Author: /time Magazine | Title: Letters: Jan. 27, 1986 | 6/21/2005 | See Source »

...price increases have mainly been at the wholesale level. Since November, when the severity of the damage became evident, Procter & Gamble has pushed up wholesale prices for its Folgers brand from $2.53 to $3.95 per lb. Many grocery stores expect prices to jump more than $1 per lb. during the next month...

Author: /time Magazine | Title: Bitter Harvest | 6/21/2005 | See Source »

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