Word: capitalisme
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Dates: during 2000-2009
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A few years ago, the Chinese called it their Going Out strategy. State-owned companies in key industries were encouraged by the government to plant the flag of Chinese capitalism around the world by purchasing stakes in foreign companies. China was flush with cash and full of optimism--naive optimism...
On a warm summer's day in mid-January, South Africa's ruling party, the African National Congress, held a rally in East London on the country's southern coast to launch its campaign for re-election. Inside the city's stadium, in a pen between the stage and a...
A hallmark of capitalism, before the government got involved in what car company and bank executives were to be paid, was that employees could make as much as management felt they were due based on their contributions to the firms where they worked. The best salesman at a company could...
But when you're President of a nation whose unregulated, red-in-tooth-and-claw capitalism is widely blamed for an economic crisis that is making life miserable for millions, star wattage will get you only so far. In the run-up to the G-20, continental European powers such...
'The inhuman nature in the cold numbers of capitalism, that's what stuns you.' LASZLO VARNAI, mayor of Kiskunhalas, Hungary, on the closing of the town's Levi Strauss & Co. plant, once a successful symbol of Western capitalism in the ex-Soviet nation