Word: capitalisme
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TIME's cover story last Feb. 12 on the influential but little-known Soviet economics professor, Evsei Liberman, revealed that the winds of economic change were astir in the land of the Soviets-and that they were blowing from the West. The Russians predictably denied that they were edging...
Supplying the Bread. If such economic devices have a capitalist ring, Kosygin was not going to admit it. Anyone who talks of Russia's return to capitalism, he said, "only attests to wishful thinking." And though Kosygin's new measures represented the largest advance yet for the Western...
Sir: To this rank-and-file union member, your Essay on union labor [Sept. 17] missed the boat. Neither militancy nor affluence is the significant feature of union labor today. It is power and solidarity on a national scale as reflected in the A.F.L.-C.I.O. leadership that counts. This power...
De Silva's point was unarguable. Unionism is woven throughout the fabric of present American life, both social and economic. "The labor movement," says Chicago's Sidney Lens longtime labor leader and writer, "is really a carbon copy of capitalism." It is more than that: it is capitalism...
Unemployment has not existed in the Soviet Union since 1930-officially. The Russians are nonetheless finding it harder to ignore the growing number of people who are out of work. The rate is still officially only about1½% of the work force-largely because of close state control of jobs...