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...there were five countries in the world with a higher per capita Gross Domestic Product--the best indicator of national prosperity--than the U.S. Four of those countries, Sweden, Norway, Denmark and West Germany, are, in varying degrees, social democracies. The fifth, Japan, succeeds because it has the sort of interventionist industrial policy that conservatives loathe...

Author: By John L. Larew, | Title: Socialism on the March | 2/1/1990 | See Source »

...only twelve months ago, and many of the killings were drug-related. New York City, as usual, had the most murders -- 1,773 by late November, 19 more than in 1988 -- though less than the record 1,896 reached in 1988. Washington, D.C., led the list on a per capita basis, with at least 433 killings for its population of 629,000, vs. 369 murders last year. Philadelphia; New Orleans; Kansas City, Mo.; Milwaukee; Charlotte, N.C.; and New Haven have also logged record numbers of slayings...

Author: /time Magazine | Title: Homicide: Another Bloody Year | 1/8/1990 | See Source »

...certain symbolic things Japan has already become No. 1. In 1980 six of the world's ten biggest banks were American; today eight are Japanese and only one American. In that same decade, the Tokyo stock market passed the New York Stock Exchange in total value. Average Japanese per capita income climbed past the U.S. figure. And then the Japanese bought control of Rockefeller Center, Columbia Pictures Entertainment and much of Waikiki Beach...

Author: /time Magazine | Title: Freed From Greed? | 1/1/1990 | See Source »

...political reforms, glasnost, are totally inadequate compared with a free society. But compared with what the Soviet people had before, the changes are breathtaking. His economic reforms, perestroika, have been an abject failure. For example, in the ten years of Deng Xiaoping's economic reforms, the per capita income of the Chinese people has doubled. In the five years of Gorbachev's rule, the per capita income of the Russian people has gone down. But while Gorbachev has only marginally changed the Soviet Union, he has profoundly changed the world, simply by saying what many in the West want...

Author: /time Magazine | Title: Essay: Should the U.S. Help Gorbachev? | 12/18/1989 | See Source »

Some criticize the machinery of her welfare state, with its lengthy waits for elective surgery and its vibrant black market manned by people dodging heavy taxes. Voters who are struggling under her austere economic policies complain of her largesse to Third World countries -- one of the highest per capita foreign aid budgets in the world. "We are world champions at solving other countries' problems," charges the right-wing Progress Party leader Carl Hagen. "We behave as though we are a superpower...

Author: /time Magazine | Title: Norway's Radical Daughter GRO HARLEM BRUNDTLAND | 9/25/1989 | See Source »

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