Word: capitalist
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Throughout his rule, Stalin had sponsored a form of state art officially known as Socialist Realism. Geared to a naive, not to say brutish, mass public barely literate in artistic matters, Soviet Socialist Realism was the most coarsely idealistic kind of art ever foisted on a modern audience -- though Capitalist Realism, the never-never land of desire created by American advertising, runs it a close second...
...surprise, Anderson will be involved in several of them. In 1986, while he was still at the NIH, he and venture capitalist Wallace Steinberg established Genetic Therapy Inc., a biotech company in Gaithersburg, Maryland, dedicated to producing retroviral vectors. Under an arrangement with the NIH, the first of its kind, GTI would have the initial rights to technology developed in Anderson's lab in return for the NIH's receiving payments and royalties from sales of GTI products...
...they just have to master Econ 101. Lawyer Julio Gonzalez, who oversees Donnelly's busy Tuxpan Hotel, did not grasp some basic concepts at first. Put in charge of personnel, he let profits plummet as the staff, heavily padded with relatives and friends, ballooned. Once faced with the capitalist notion of being fired if he failed to meet his budget, Julio straightened out. "No one had ever been fired for anything before," says Donnelly. "Now Julio is a devil of a capitalist...
...rate at the Tuxpan and lights up an imported Kool Filter. He plans someday to be manager, even owner of a hotel chain. Does he believe in capitalism now? He grins: "I think like Jesus Christ that the bread has to be divided. Was Christ a communist or a capitalist...
...vast majority of the population," says a Western diplomat, "is sitting and waiting until the situation is resolved for them." In the streets of Havana there is little proto-capitalist bustle. The government says 86,000 people out of Cuba's 11 million have applied for the required license, but it is not easy to find the new mom-and-pop enterprises. Canadian mining executive Bill McGuinty thinks his Cuban co-workers are eager to learn capitalist ways -- up to a point. They are shocked by his attempts to bypass bureaucracy and befuddled by the quid pro quos of networking...