Word: capitalisme
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Nader denied that the neglect of problems caused by corporate power would he easily cured. "I would not go the easy way to say that the way to handle this is to nationalize. I've become extremely cool to structural reform without citizen reform. Whatever you call it, socialism or...
The Central Committee's action was a retreat from the determinedly avantgarde position adopted last May by the council's own international Consultation on Racism (TIME, June 6), which favored church support of antiracist revolutionary movements and compensation for those "exploited" by capitalism. But in addition to its...
The Senate Select Committee on Small Business recently postponed scheduled hearings on the SBA, concluding that the agency has so many problems that a "60-day reprieve" would be necessary for it to "gather itself together." The House Small Business Committee went ahead with its own hearings and heard blacks...
Commerce Secretary Maurice Stens insists that Nixon is "totally committed" to the concept of black capitalism. In the absence of concrete results, though, such rhetoric is not enough to regenerate the enthusiasm that the idea created during the campaign.
What is needed, say critics, is personal leadership by the President to straighten out the SBA, coordinate the tangle of Government programs and enroll the assistance of bankers and other private businessmen. The businessmen seem eager, if only given direction from Washington, to provide markets and managerial help. Indeed, so...