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...bunch of writers like Defoe and Richardson and Fielding suddenly decided we should be reading long books about imaginary people. It happened as a result of an unprecedented configuration of financial and technological circumstances. New industrial printing techniques meant you could print lots of books cheaply; a modern capitalist marketplace had evolved in which you could sell them; and for the first time there was a large, increasingly literate, relatively well-off urban middle class to buy and read them. Once those conditions were in place, writers like Defoe and Richardson showed up to take advantage of them...

Author: /time Magazine | Title: Books Gone Wild: The Digital Age Reshapes Literature | 1/21/2009 | See Source »

...technological changes of the 18th century gave rise to the modern novel, what's the 21st century giving us? Well, we've gone from industrialized printing to electronic replication so cheap, fast and easy, it greases the skids of literary production to the point of frictionlessness. From a modern capitalist marketplace, we've moved to a postmodern, postcapitalist bazaar where money is increasingly optional. And in place of a newly minted literate middle class, we now have a global audience of billions, with a literacy rate of 82% and rising...

Author: /time Magazine | Title: Books Gone Wild: The Digital Age Reshapes Literature | 1/21/2009 | See Source »

...ideas aren't as revolutionary these days, but his liberal leanings persist. The heroes of his plays are the people left to clean up the messes made by those in power: "priests or policemen, social workers or teachers," he says. Where his earliest works urged the collapse of the capitalist system, his later works are less absolute, exploring "the necessary hypocrisies of public life." With the state of politics today, Hare won't be out of a job anytime soon. But, as he has discovered, sometimes audiences would rather focus on hope than hypocrisy. He frets that Gethsemane's initial...

Author: /time Magazine | Title: David Hare: Truth to Power | 1/14/2009 | See Source »

...same time, Raúl Castro had to notice that his Brazilian host, President Luiz Inácio Lula da Silva - who is the head of Brazil's Workers Party and supposedly the Castros' leftist soulmate - is perhaps Latin America's most acclaimed capitalist leader. Capitalism's excesses get deservedly excoriated for causing today's global catastrophe. But even Venezuela, which helps prop up Cuba's economy with cut-rate oil, has made it clear in recent elections that it's not the socialist hotbed that its left-wing President Hugo Chávez dreams of. Yes, the hypocritical drill...

Author: /time Magazine | Title: After 50 Years of Castro's Cuba, Will the Cold War End? | 12/30/2008 | See Source »

...counts as customers major multinational companies including Procter & Gamble and Sony Ericsson. Like so many of her generation, Wang never looked back after racing through the door Deng's economic reforms opened, and her accomplishments show how far the country has come. But they also show that China's capitalist road is leading toward a wall - that the first phase of its 30-year economic miracle has run its course...

Author: /time Magazine | Title: Wanted: A New Miracle | 12/11/2008 | See Source »

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