Word: capitalisme
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The Communist Party's No. 2 man. Waldeck Rochet, wearing metal-rimmed spectacles and a funereal suit, warned of the evils of Gaullist capitalism and of the military alliance with "vengeful" West Germany. Senate President Gaston Monnerville, a Negro born in French Guiana, spoke in the name of the...
Red China's Mao Tse-tung and his Central Committee held their Tenth Plenary Session in Peking last week. Without giving any supporting figures, a communiqué reported industrial and agricultural production as "this year again slightly better." Reasons for such a disappointingly small leap forward: natural disasters, "spontaneous...
A New Capitalism. The era of global stock ownership is not yet at hand. Overseas investors, particularly in underdeveloped nations, are still reluctant to put money in "foreign" companies-however much the investment may benefit their own economies. In many countries, including 15 of the 20 nations where G.M. has...
Conceding these initial difficulties, Donner suggested that U.S. corporations could help overcome them by such simple measures as printing their annual reports and stock certificates in foreign languages and quoting stock prices in local currencies. The benefits of global stock ownership, he declared, would infinitely reward such efforts. Individual investors...
The SLP is dogmatically Marxist, but fiercely, and defensively, anti-Russian. The party offers only one plank, "unconditional surrender of capitalism." Unlike the Socialist Party of Norman Thomas ("a petty, bourgois reform party," says Gilfedder) the SLP refuses to compromise with capitalism in the quest for social reform. As a...