Word: capitalisme
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Judging from their stated aims, Mao Lin have shed few tears over the violence. The possible damage to the economy isn't so important to them. "What is the use of economic development if it only leads to capitalism?" a crucial New Year's newspaper editorial asked. Once the Cultural...
"Fairy Tale." Conflict between business and government, said Galbraith, has disappeared along with classical capitalism. "No Ford executive will ever fight Washington as did Henry I." The new industrial state is the product of technology. Since World War II, technology has pushed the price of introducing new goods so high...
Cynicism & Sophism. Mixing his sophism with some cynicism, Galbraith explained that such shyness will be outgrown before long. Corporate technocrats and government bureaucrats work in concert, he said, because they have the same aims-not a national goal or even maximum profits, but "the promotions, enlarged opportunities, higher salaries and...
It was Wehner who in 1959 rammed through the Socialists' far-reaching "Bad Godesberg Plan," which swept Marx aside, renounced class warfare and came out in favor of progressive capitalism. It was he who worked out the details of the coalition government with the Christian Democrats, then talked rebellious...
Died. Dr, Harry Frederick Ward, 93, longtime chairman of the ultraliberal American Civil Liberties Union, an eloquent Methodist clergyman who taught Christian Ethics at New York's Union Theological Seminary, while lambasting "profit-seeking capitalism" and heading the A.C.L.U. from 1920 until 1940, when he was forced .out because...