Word: capitalisme
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Dates: during 2000-2009
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Okrent's article failed to mention the cause underlying Detroit's dwindling population: globalization. The fact is that the jobs that were once done by Detroit dwellers have long since been displaced to Asia, Latin America and Eastern Europe due to lower labor costs. Marx would appreciate the irony that...
Then again, the home state of Richard Nixon and Ronald Reagan has been a conservative trendsetter as well, leading the backlash against taxes, affirmative action and illegal aliens and enacting the first three-strikes law against career criminals. Its economy is much closer than the nation's to a true...
While deconstructing the dynamics of the Soviet foundation, “The Golden Calf,” tacitly advocates the life of capitalism. At one point, Ostap even says of a parcel, “Inside, there’s everything: palms, girls, the Blue Express, the azure ocean, a...
From her earliest years, Rand was a woman on a mission. Born Alisa Rosenbaum in 1905 to a bourgeois Jewish family in St. Petersburg, Rand was 12 when the Bolshevik Revolution took place. Her family, suddenly poor, was forced to flee, and Rand's hatred of communism and any sort...
The bad economy has been good news for Rand's legacy. Her fierce denunciations of government regulation have sent sales of her two best-known novels, The Fountainhead and Atlas Shrugged, soaring. Yet her me-first brand of capitalism has been excoriated for fomenting the recent financial crisis. And her...