Word: capitalisme
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But to many observers that argument is harder to believe because of the Mahathir-Mokhtar connection, which looks very much like the so-called "crony capitalism" that stained Malaysia's economic credentials in the first place. In the 1990s, Mahathir's administration showered huge government contracts and favorable loans on...
You could miss some of this if you walk too briskly through "Trading Places," which goes easy on the geopolitics and focuses instead on the trade itself and how it shaped British and Asian taste and culture. Portraits of Company men comfortably set up in their new eastern homes?one...
It began in controversy and ended in closure - or, as the French say, cloture. Arguments at the Cannes Film Festival are usually about which film deserved to win or whether the blindingly bright days in this Riviera Eden are just a smidge too cool. This time the world impinged on...
But the bard of capitalism would scarcely recognize what California created as a "free market." The rules remained complex and rife with perverse incentives. The benefits to be gained from the system--taking advantage of its loopholes and stretching them wider--are all too obvious. Mike Aguirre, a San Diego...
But we should all know better. A cursory examination of Bush’s much-touted “Clean Skies” initiative confirms the suspicions one should rightly have about the environmental and energy policies of the Bush administration. For instance, many are unaware that the plan?...