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Word: capitalisme (lookup in dictionary) (lookup stats)
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The Soviets appear to appreciate that the world out there has changed. "We have stopped using the Third World as a battleground for capitalism or socialism," says Trofimenko. The new battlefields are more economic and scientific than ideological and military. To play on those fields, the U.S.S.R. has to negotiate...

Author: /time Magazine | Title: Diplomacy Moscow Scales Back | 4/17/1989 | See Source »

Most significant, perhaps, is the forthright admission by the Soviets that they are trying to shed the burden of a rigidly centralized economy based on Leninist-Stalinist principles. The eulogies on the death of Communism may be premature, but there are signs that a verdict is being reached in the...

Author: /time Magazine | Title: The Union: A Long, Mighty Struggle | 4/10/1989 | See Source »

Gorbachev's economic reforms, while radical, are nonetheless carefully circumscribed. He is not marching headlong to capitalism but is attempting to reinvent Marxism by creating socialist markets, socialist competition and cooperative ventures. Private ownership of the means of production (land, factories) is still prohibited. Individuals cannot hire workers with a...

Author: /time Magazine | Title: The Union: A Long, Mighty Struggle | 4/10/1989 | See Source »

OCS is capitalism's Garden of Eden, and I'm getting hayfever.

Author: By Juliette N. Kayyem, | Title: Hayfever in Capitalism's Garden of Eden | 4/3/1989 | See Source »

The logic of capitalism assumes knowledgeable, reasonably intelligent people on both sides of the transaction. Is this where the kidney trade falls short? At $4,400, the poor Turk was probably underpaid for his kidney. But in an open, legal market with protections against exploitation, he might have got more...

Author: /time Magazine | Title: Essay: Take My Kidney, Please | 3/13/1989 | See Source »

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