Word: capitalisme
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Lee's departure (his top lieutenant, wife, and son and heir apparent also resigned positions at Samsung) may finally allow that process to begin - and could set a precedent throughout Asia, where family-run companies have long resisted transparency and greater accountability. As a major shareholder, Lee may continue to...
These are simply clichés, of course; Arab traders drive a hard bargain for the same reason everyone else does: money. And anyone who thinks that Western capitalism is inherently transparent should try making sense of the subprime mortgage derivatives mess. Still, there are some lessons worth knowing on...
Optimism for this so-called third-Way economics is amplified in Michael Reid's Forgotten Continent: The Battle for Latin America's Soul (Yale University Press; 400 pages). Reid, editor of the Americas section of the Economist, concedes that Latin America's chronic ills, especially its inequality between rich and...
Jennifer 8. Lee ’99 has spent the last seven years reporting for the New York Times Metro-City Room, traveling the globe, and fielding questions about her middle initial. Her first book, “The Fortune Cookie Chronicles,” was released last month. Lee...
“‘The Wire’ is a world where people are worth less. People are commodities. Capitalism has been the god,” David Simon said on Friday. These qualities sum up his hit HBO show “The Wire,?...