Word: capitalisme
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Greed is good. Or at least that's what wheeler-dealer Gordon Gekko told a stockholders' meeting in the movie Wall Street. Stephen Koepp, the editor of our Business section, is not so categorical. This week's cover stories on the biggest takeover battle in U.S. history gave him a...
CAPITALISM: this economic system is supposedly based upon the individual's right to the fruits of his or her labor. Its opponents are either stupid or unpatriotic. Actually, "capitalism" is a system where power is concentrated in the hands of a relatively small number of multinational corporations. The tax code...
Katalin Karossy, a Hungarian citizen fresh from Karl Marx University, this year arrived at an emblem of American capitalism, Harvard Business School, looking for an MBA.
He spoke with boyish enthusiasm, fixing his visitor with an unhurried, brown-eyed gaze. His talk was of noble pursuits. He spoke of plans to finance employee takeovers like one last month in which his firm helped a labor union buy a Seattle tugboat-manufacturing company. Such efforts, he said...
There was a time when Mafia and Godfather were alien words in the official Soviet vocabulary, and organized crime was considered an inevitable by-product of decadent capitalism. No longer. Inspired by Party Leader Mikhail Gorbachev's campaign for greater honesty and openness, criminal investigators have begun unraveling a web...