Word: capitalisme
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Tapie enjoys the fruits of his success. He whizzes around France in a dark blue Mercedes or his personal twin-engine Falcon jet, and lives in Paris in a stylish Avenue Foch apartment with his wife and three children. Between takeovers, he cheers for the soccer team he owns, the...
Assessing the ups and downs of a pulsating global economy requires both an eye for detail and an ability to identify broad emerging trends. To meet this challenge, TIME last week for the first time convened all three of its Boards of Economists -- from the U.S., Europe and the Pacific...
Says George M. Taber, senior editor of the World section: "We called them all together at this time partly because we were struck by the fact that nations as diverse as Argentina, Britain and France are all seeking to sell off state-owned businesses and to promote free enterprise." Associate...
With such difficult problems facing the larger region, Shultz chose an itinerary that was likely to accentuate the positive side of U.S. dealings in the Pacific rim. He selected allies who tend to be receptive to his "businessman's diplomacy," and whose policies reflect his favorite themes: rising democracy, a...
For more than 100 years, amusement parks have brought no-frills thrills to families in search of a good time at a reasonable cost. But by the early % 1950s, these Coney Islands of the Mind were crumbling along with the cities they served. Then Disney, who had already revolutionized the...