Word: capitalisme
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Dates: during 2000-2009
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In corporate circles, the "double bottom line"?reaping profit and doing social good?is all the rage. Muhammad Yunus, the microfinancier who won the Nobel Peace Prize in 2006 for helping prove that making tiny loans to poor people can be profitable, says we should go further. In CREATING...
At first, the bidding war that erupted recently for a stake in China Eastern Airlines, China's third largest carrier by revenue, was hailed as an example of capitalism invading the country's tightly controlled airspace. China Eastern was entertaining an offer by Singapore Airlines to buy 24% of the...
The reason the Vegas hotel caucus was so great is because the most American city delivered the most American form of democracy - the fun of entertainment fused with the efficiency of capitalism. In the room next door to the caucus, Genlab was holding a conference. Last weekend, the Consumer Electronics...
Go back nearly 30 years, and few would have thought that any of the three cities were about to remake the world for the better. In September of 1982, the Hong Kong stock exchange lost a quarter of its value after Margaret Thatcher, flush from her victory in the Falklands...
The network of international trading and personal contacts that shape New York, London and Hong Kong facilitate their key industry. If the 19th century was the age of empire and the 20th one of war, so the 21st century, to date, is an age of finance. It is the banks...