Word: capitalisme
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Tinker: "To work at something clumsily or imperfectly . . . to batter, maul." So says the Oxford English Dictionary. To their horror, the British publishers of the esteemed lexicon found last week that the definition applies to two of their own dictionaries. Editors in the Soviet Union have prepared special editions of...
Why are people saying that a fleshy, overbearing auto executive should be President of the U.S.? What accounts for the rampant Iacoccamania? There are many reasons, if no pat explanation. He is powerful, a VIP, yet his bullish candor reminds people of a pal at the local tavern who calls...
The distinction is important. Capitalism--in the sense of big corporations, organized labor and rapid movement of money--is unlikely to come to China in the foreseeable future. Yet one of the great maxims of classical Marxism, that market forces are somehow the source of wickedness, has been discarded. Last...
The crux of the anti-divestiture argument is that the dynamism of capitalism, steered by conscientious American firms, will naturally erode apartheid. In the age of supply-side economics. Capitalism-equals-freedom-equals equality is an easy equation to wallow.
ULTIMATELY, THE ISSUE is moral--not in liberal or conservative terms, but in terms of what we will tolerate from other human beings. South Africa, as did Nazi Germany, thrives on a fear and prejudice that its rulers have elevated to religious and mythic proportions. Such systems do not die...