Word: capitalisme
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When Franklin Roosevelt set out to rescue capitalism from the Depression, he had little use for rigidly defined objectives. Improvisation corrected by feedback, that was Roosevelt's way. "The country needs bold, persistent experimentation," he declared. "Take a method and try it; if it fails, admit it and try another...
For all the bluster on the left, Gorbachev's greatest challenge comes from the reactionary conservatives. They make up a bizarre patchwork quilt: hard- line trade unionists and factory workers from groups like the United Worker's Front who oppose a "return to capitalism"; military officials angered by plans to...
Vogel was skeptical that a majority of East and West Germans would insist on reunification when the realities sank in: East Germans might reject the bitter side of capitalism, competition and unemployment. West Germans, already fearful of an immigrant invasion from the East, might well shrink from the cost and...
If conservatives win, the decade will go down as a triumph for the American way (translation: capitalism). Referring to the vast changes in Eastern Europe, conservatives will say that the wildly expensive military buildup at the beginning of the century paid off by its end.
"Having embarked upon the road of radical reform, the socialist countries are crossing the line beyond which there is no return to the past. Nevertheless, it is wrong to insist, as many in the West do, that this is the collapse of socialism. On the contrary, it means that the...