Word: capitalisme
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WHEN PRESIDENT REAGAN began his trip to Latin America last week, he said he was going "with an open mind, to listen and to learn." But when he returned to Washington five days later. Reagan remained as set and predictable in his ways as he was before his departure. The...
The President expects those Latin American countries that rely on U.S. guns or dollars to, if asked, help him discredit Marxism in public speeches. Last month, for example, the Administration sponsored a "forum for peace and democracy," at which Caribbean and Latin American allies in effect swore allegiance to capitalism...
Next year the bishops will take up a topic that is potentially as divisive as abortion or nuclear weaponry. A committee led by Milwaukee's Archbishop Weakland is conducting a thoroughgoing moral evaluation of capitalism. The bishops have already advocated the redistribution of economic wealth in the U.S., and...
For more than a half-century, Soviet officials have claimed that their economic system is superior to Western capitalism and, as Nikita Khrushchev once said, would some day "bury" it. Such boasts sound particularly hollow today. Perhaps the greatest challenge that the new Soviet leadership faces is finding a way...
Neither approach seems to have worked. The theory of convergence-that, over time, the Soviet economy and its political superstructure would become more decentralized, borrowing more and more from capitalism-has not been borne out. The imperative on which the system operates is still totalitarian control. No matter what they...