Word: capitalisme
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In the three weeks since he took over as Singapore's first Prime Minister after 140 years of British colonial rule, slim Lee Kuan Yew has not yet justified all the fears of what his leftish People's Action Party might do to capitalism. But as a determined...
"In all fields we are deteriorating and deteriorating continuously," complained Indonesia's President Sukarno to his Constituent Assembly. For three years the wrangling assemblymen had been trying to draw up a new constitution for the rebellion-plagued nation of 87 million. Now Sukarno urged them to vote in his...
The first instinct of the Red rulers was to let the city wither and die as a hated symbol of capitalism. The busy docks, which had berthed as many as 30 ships a day, stood empty; factories were stripped of machinery; efforts were made to reduce Shanghai's "swollen...
"War to the hilt between communism and capitalism is inevitable. Today, of course, we are not strong enough to attack. Our time will come in twenty or thirty years. To win we will need the element of surprise. The bourgeoisie will have to be put to sleep. So we shall...
On the whole, stock splits serve a good purpose by bringing the price of blue chips down to what the public likes to pay. They also enlarge the supply of stock to keep up with corporate growth. Otherwise, as institutions have stepped up their buying of blue chips, the supply...