Word: capitalist
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...accounts set up by U.S. relatives in Canada and Europe. But for Cubans, entrepreneurship is fraught with migraines, from exorbitant government licenses and taxes to graft. And for those who have no access to dollars, despair--and resentment--is rising. At the same time, Cubans are worried that turning capitalist too quickly could invite the kind of abuses that have devastated Russia's economy. "We want the embargo to end," says a high-ranking Cuban official, "but we're afraid of it happening." The big difference now is that, increasingly, Americans no longer...
...educational meetings between U.S. executives and Cuban officials such as Concepcion Campa, 48. Campa is director of the state-run Finlay Institute, the Havana bio-research facility at which she created the meningitis vaccine. But she's also a communist Politburo member, and she got a crash course in capitalist haggling during the negotiations, as well as a closer, less ideological understanding of Americans. "It was hard to make sense of all those Anglo-Saxon contract clauses," she told TIME. "But we appreciated each other's forms of thinking better...
Given a potentially world-changing new technology, what does your modern-day greedy capitalist do? Build a theme park! That Barnumesque observation (a tad dated in this age of tech multibillionaires) isn't the only thing that's overfamiliar in this dull time-travel tale from the author of Jurassic Park. Here, America's favorite didact is out to learn us a thing or two about quantum mechanics and taking history seriously. His highly educated, lightly characterized academic heroes get their soft hands roughed up battling 14th century knights rather than prehistoric raptors. Crichton has clearly learned from his best...
...socialist, a communist or an anti-capitalist. I took Ec 10; I know all about the noble virtues of supply-side economics...
...information technology today is generating novelty, recent developments threaten not just to lower purported barriers but shatter them entirely. Java, a universal language being developed by Sun, should drastically decrease dependence on Windows. Internet servers that allow surfers to bypass Windows are also on the rise. As one venture capitalist at Accel Partners puts it, "in the past six months, we have not seen a business plan for a conventional packaged software application." Sounds surprising, perhaps, but how else could a single student from Helsinki hobble together a few thousand lines of code that turned into Linux, an operating system...