Word: capitalisme
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In a broad look at societies from the Kwakiutl Indians in British Columbia to the blacks of Albany, N.Y., Gilder has produced a 306-page ode to the economic and moral benefits of unfettered capitalism. Some Reaganauts expect Wealth and Poverty to become a classic of supply-side economics, the...
Ever since Adam Smith's Wealth of Nations in 1776, capitalism has been generally extolled as the most efficient economic system or as the philosophy most compatible with political liberty. But even capitalism's most ardent supporters have had trouble answering charges that it is morally bankrupt because...
Explains Gilder: "The very conscience of capitalism is the awareness that one must give in order to get, supply in order to demand."
Senior Editor George M. Taber, who is in charge of TIME'S Economy & Business section, reported an August 1979 cover story on the then new theory of supply-side economics and wrote a cover story last year entitled: "Is Capitalism Working?" While Taber welcomes the new public awareness that...
Capitalism and Politics in the 20th Century. Fearing that C.W.C. will now lose its accreditation or even close down, students camped in protest outside the president's office and chanted, "Manning must go."