Word: capitalisme
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Because he concentrates so heavily on owners and proprietors, Halberstam's portrait of the press is full of big money. This presence unquestionably adds spice. And his guarded sympathy for publishers also offers a useful corrective to many books about the press. Seeking profits, in Halberstam's story, is no...
Gans found his journalists to be predominantly upper middle class in origin and outlook, overworked, deskbound, interested more in pleasing their peers than their audiences; and determined to keep their reports free of bias. Gans did, however, see them subconsciously defer to a set of "enduring values": democracy, responsible capitalism...
We Americans like to rail against OPEC and its supposedly sinister oil-pricing policies [April 2], but isn't it just practicing orthodox capitalism as taught in every American business school and as honed to perfection by American businessmen? We have made our own uncomfortable bed, and now we...
This story is the latest chapter in TIME'S half-century tradition of reducing to comprehensible dimensions subjects that readers might find dauntingly broad and perplexing. That practice began with a 1928 look at The American People, and has in recent years included Judaism (1972), Capitalism (1975) and Socialism...
Inflation is harmful in so far as it is uneven and unpredictable. To assert that major U.S. corporations have neither the knowledge to anticipate future cost increases, nor the ability to transfer that cost to the consumer in product prices, is to deny fundamental truths about multinational capitalism. The investment...