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Wang Shaobi was just 7 years old, growing up dirt poor in southeast China, when the world she would inherit changed forever. It was 30 years ago this month - December, 1978 - when China's leadership decided the time had come for their country to open up its economy and to...

Author: /time Magazine | Title: Wanted: A New Miracle | 12/11/2008 | See Source »

Of course, attacking the arteries of capitalism has long been a favorite symbolic act of hooded anarchists and hard-left protesters, including the dozens of ATMs smashed and banks set ablaze during the antiglobalization uprisings in Seattle in 1999 and Genoa in 2001. But Athens 2008 comes as the very...

Author: /time Magazine | Title: The Athens Riots: Fallout from the Financial Crisis? | 12/11/2008 | See Source »

Anarchist groups have always had a stronger presence in Greece, even as the government struggles to pursue its First World ambitions while battling the ghosts of a military dictatorship that ruled from 1967 to 1974. But the current clashes are also linked to a broader movement across the West that...

Author: /time Magazine | Title: The Athens Riots: Fallout from the Financial Crisis? | 12/11/2008 | See Source »

Deng was no student of the dismal science. He once said, "I am a layman in the field of economics. I proposed China's economic policy of opening to the outside world, but as for the details or specifics of how to implement it, I know very little indeed." But...

Author: /time Magazine | Title: Thirty Years After Deng: The Man Who Changed China | 12/10/2008 | See Source »

Numerous studies prove that over-consumption by the wealthiest nations poses enormous threats to the environment. In Global Problems and the Culture of Capitalism, Richard Robbins discusses the enormous extent to which the production, processing and consumption of commodities use up limited reserves of natural resources and produce toxic byproducts...

Author: By Sabrina G. Lee | Title: The Casualties of Consumerism | 12/4/2008 | See Source »

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