Word: capitalisme
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As Eastern Europe rushes headlong into capitalism, professors and administrators at the Kennedy School of Government are trying to make sure the political backlash from economic reforms does not damage new democratic institutions.
Doctors' waiting rooms are hardly the most serious ailment of American health care. More than 30 million citizens have no health insurance at all. Few among the rest of us are free from fear of losing our insurance or finding it insufficient. Costs are soaring -- over 12% of GNP, by...
America's health-care system needs to become both more socialist and more capitalist. The goal is socialist: equal, universal coverage. But the techniques of capitalism can make it possible. The private-sector health-care industry will not necessarily like these techniques. Doctors, hospitals, pharmaceutical companies and medical-equipment manufacturers...
Former Prime Minister Margaret Thatcher's transformation of the ailing British economy through divestiture was the key development that pushed privatization into the mainstream. It showed, unsurprisingly, that private owners with their money on the line run companies more profitably than governments do. That, plus the more recent worldwide turn...
Paranoid friends of mine fear the government's sudden interest in ketchup has a sinister undertone. When the U.S. sets about exporting democracy and capitalism to troubled Eastern European and Third World countries, McDonald's restaurants are usually the first Western institutions established. Are we planning on choking hostile foreign...