Word: capitalisme
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China's leaders are using the crisis to point out what they regard as flaws in Western capitalism. On a visit to Europe in January, Premier Wen Jiabao called China a "great power" and then criticized "an unsustainable model'' of development in the West that partnered a lack of savings...
A few years ago, the Chinese called it their Going Out strategy. State-owned companies in key industries were encouraged by the government to plant the flag of Chinese capitalism around the world by purchasing stakes in foreign companies. China was flush with cash and full of optimism--naive optimism...
On a warm summer's day in mid-January, South Africa's ruling party, the African National Congress, held a rally in East London on the country's southern coast to launch its campaign for re-election. Inside the city's stadium, in a pen between the stage and a...
But when you're President of a nation whose unregulated, red-in-tooth-and-claw capitalism is widely blamed for an economic crisis that is making life miserable for millions, star wattage will get you only so far. In the run-up to the G-20, continental European powers such...
'The inhuman nature in the cold numbers of capitalism, that's what stuns you.' LASZLO VARNAI, mayor of Kiskunhalas, Hungary, on the closing of the town's Levi Strauss & Co. plant, once a successful symbol of Western capitalism in the ex-Soviet nation