Word: capitalisme
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Earnest, hard driving and highly motivated, the rising young stars of venture capitalism aim for big personal and financial rewards. A look at four achievers:
David Croll. The most important ingredient in venture capitalism, says Croll, 38, is "backing the right people." So far, he has proved to be remarkably good at that. A managing partner of Boston's TA Associates, a firm that currently handles more than $500 million in venture funds, Croll teamed...
To display such sympathies in the Depression made management look benign. When Edsel Ford wanted to celebrate the Rouge complex and the auto industry, he got Rivera to paint a mural cycle in Detroit; it attracted 86,000 visitors in its first month. Rivera had no problems in casting American...
For 25 years an increasing number of Harvard seniors have sought careers in finance and law, jumping out of the Ivory Tower and landing squarely in the yuppified world of corporate capitalism.
But beyond the titillating personal tidbits, Stockman is arguing a serious point, as indicated by his title, The Triumph of Politics: Why the Reagan Revolution Failed. The revolution, in his view, was intended to dismantle the welfare state and replace it with a minimalist Government that would do little more...