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Word: capitalisme (lookup in dictionary) (lookup stats)
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'Using economics to influence behavior is something this country is built on-it's called capitalism.' MICHAEL BLOOMBERG, New York City mayor, who is considering charging people a fee for driving into the heart of Manhattan

Author: /time Magazine | Title: Verbatim | 4/26/2007 | See Source »

That treasure was Israel's self-image. After independence in 1948, the kibbutzniks were seen as the new breed of Israeli. They discarded Europe's deathly pallor and became bronzed, idealistic pioneers. Degania, which had been founded in 1910 by 12 Jews escaping Russian persecution, was the ideal. Its members...

Author: /time Magazine | Title: The End of a Zionist Idyll | 4/26/2007 | See Source »

Once, everyone earned the same wage, did the jobs they were assigned, and kibbutz elders held the purse strings. Now, says Degania's manager, "we are still protecting the weak, but everyone has the responsibility of earning their own living." Some naive kibbutzniks, he says, need to be taught how...

Author: /time Magazine | Title: The End of a Zionist Idyll | 4/26/2007 | See Source »

Hutton's book is much more ambitious in scope, particularly for someone who is not a China specialist. (He is a former newspaper editor and author of books on economics and European and U.S. politics.) In 400 pages dense with facts and footnotes-his bibliography runs to 27 pages-Hutton...

Author: /time Magazine | Title: Chinese Puzzle | 4/25/2007 | See Source »

What he created, instead, was a system sometimes called nomenklatura capitalism, in which ex-party apparatchiks emerged as the new capitalists. The vast majority of newly privatized businesses were run and owned by the same coterie of managers who were in place before market reforms began, and by the late...

Author: /time Magazine | Title: Boris Yeltsin: The Man Atop the Tank | 4/23/2007 | See Source »

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