Word: capitalist
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Dates: during 1970-1979
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...would sweep the nation and the auto industry if the U.S.'s tenth largest industrial corporation went bankrupt, the consequences of a Chrysler failure came under closer scrutiny. Some 200,000 U.S. firms declare bankruptcy annually, and the right to fail is as much a part of the capitalist system as the right to succeed. Bankruptcy is the free system's harsh but necessary means of purging companies that, through bad luck or bad management, fail to win enough customers in the marketplace...
...dictate it as I copied it down. We did not notice the incongruity of this elegant spokesman of the elite of a country based on an ancient religion dictating a communication from the leader of a militant Asiatic revolutionary nation to a representative of the leader of the Western capitalist world; or the phenomenon that in an age of instantaneous communication we had returned to the diplomatic methods of the previous century?the handwritten note delivered by messenger and read aloud...
Castro is less optimistic about the ability of any revolution to create a "new socialist man." He is also more of a realist. Publicly he has acknowledged the difficulty involved in supplanting old attitudes, which he calls "hangovers form the capitalist value system." Even though the revolution has managed to change the foundation of society from one of competition to cooperation, stealing from the government at the expense of fellow workers persists...
...educator himself needs educating," wrote that famous critic of capitalist society, Karl Marx. But the comment might apply equally well to Communist Hungary, where a recently published poll has revealed some shocking historical misconceptions in the minds of Marx's progeny. Conducted in 1976-77 by an official government youth agency, the poll quizzed a representative sampling of 814 Communist youth leaders ages 14 through 30. The results, published in last month's issue of Ifju Kommunist (Young Communist), show an almost counterrevolutionary ignorance about Communist history...
...couple led off some barefoot dancing, choosing a tango as their starter. There were no signs of discord in the union. Sergei, who has been allowed out of Moscow on an extended visa rarely granted by Soviet authorities, is taking a stronger role in managing one of the capitalist world's largest fleets. And Christina, happy in her marriage, has been devoting some time to visiting gynecologists, apparently because she has not become pregnant...