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Word: capitalisme (lookup in dictionary) (lookup stats)
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WHENEVER HE WANTS TO GAMBLE ON A FEW HOT stock tips, Mikhail Gorbachev can go to the source. Last week, when he visited the seat of American capitalism, employees of the New York Stock Exchange cheered lustily and gave him a gold- plated member badge. As he was feted in...

Author: /time Magazine | Title: A Bear Amid the Bulls | 5/25/1992 | See Source »

Gorbachev would not be drawn into an admission that socialist theory had failed or that communism was dead. An alternative between capitalism and socialism is in the offing, he said. The use of force for political ends is being discredited. The 20th century has little to teach the 21st, and...

Author: /time Magazine | Title: A Chat with the Gorbachevs | 5/25/1992 | See Source »

IN ANOTHER MILESTONE ON THE INCREASINGLY bumpy road to capitalism, Russia and most of the other former Soviet republics were formally offered membership in the world's two major financial organizations, the World Bank and the International Monetary Fund. The step has symbolic importance: fueled by cold war animosities, the...

Author: /time Magazine | Title: Welcome to The Family | 5/11/1992 | See Source »

The cigar's lineage goes all the way back to Christopher Columbus, whose sailors took a liking to West Indian tobacco, rolled into palm or maize leaf, which they then took back home. Spanish nobles picked up the habit, and merchants spread it to the rest of Europe. By some...

Author: /time Magazine | Title: What This Country Needs | 5/11/1992 | See Source »

Originally, when shareholders were few in number, they had real control over the companies they owned. But as corporate "democracy" widened ownership, the power of shareholders became diffuse, while corporate management grew in strength. The new assertiveness by pension-fund managers and stock-owner groups, abetted by the changes contemplated...

Author: /time Magazine | Title: Executive Pay | 5/4/1992 | See Source »

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