Word: capitalist
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With a win in tomorrow's Republican primary all but guaranteed, venture capitalist W. Mitt Romney's campaign for U.S. Senate got a boost last week when a poll showed him and Sen. Edward M. Kennedy '54-'56, the democratic incumbent, in a virtual dead heat...
...many countries hungry for capital, say these experts, the demand will drive interest rates up. The increases in turn could choke off investments for new homes, plants and machinery. "This is the first time since the outbreak of World War I that every nation on this planet has a capitalist economic system or a market- oriented economy either in place or about to happen," says David Hale, a senior economist for Kemper Financial Services. "But because of that we'll probably have much higher interest rates over the next two or three years...
...great book about a motorcycle adventure will hit the shelves later this summer. A notorious capitalist, Jim Rogers, and a blond half his age, Tabitha Estabrook, ride around the world on two fancy BMWs, up and down Africa and South America, across Siberia, China, Europe -- six continents, 65,000 miles. I wouldn't have given them a chance in Vegas of surviving the bandits, but they weren't worried about bandits. They were too busy looking for investments along the road...
Other protagonists also suffer from one-sidedness. The owner of the Jean-Bart mine, who in the book is painted as a decent man sacrificing much to ameliorate the conditions of his workers, comes across in the movie as merely another dirty capitalist, while the daughter of the owner of Le Voreux is not in the film shown to be sufficiently repellent. Depardieu, in the role of Maheud, is the only principal who, as usual plays his part convincingly, and, for the most part, Zola's purely verbal descriptions far surpass the living, breathing renditions of the movie...
...with that realization comes a modicum of freedom. China, Vietnam and even Singapore still have authoritarian rule to some extent. The transition to a system of full freedom, as we know it, will take generations to achieve and will not be won by threats from the U.S. or other capitalist countries. It took many generations for the U.S. to legislate equal rights for its own minorities. Let us encourage total freedom for these Asian countries but avoid using the heavy-handed methods currently being considered...