Word: capitalist
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...World War II Kuomintang Republic, Communists used posters to inflame the local population against "the landlords who eat our flesh" and "the traitors who sell China to Japan." Poster polemics reached a new level of sophistication during the Cultural Revolution, when fanatical Red Guardsmen used them to attack "capitalist readers" like Teng Hsiao...
China watchers wondered whether Teng had enough power to take on Hua himself. Indeed, at week's end sidewalk orators began to harangue street crowds, and new posters blossomed, finding fault with Chairman Hua personally. Even more startling, both Taiwan and the U.S., once derided for their capitalist faults, were held up by orators as models of economic progress that China would do well to emulate. Given all this, foreign embassies began to flash home word of major impending developments, including perhaps the possibility of a new line-up in Peking's Politburo. Whatever happens, the results seem...
...mature and then begin to decline. It happened with railroads; it is now happening with steel, and in ten years the auto industry will have problems." What has turned an industrial adjustment into a crisis, in De Bodinat's view, is that the declining industries are not being replaced. "Capitalist economies have lost their flexibility," he charges. "In France, for example, it has become far too difficult to launch a new business." Governments often discourage entrepreneurs with mazes of administrative formalities. Banks hesitate to lend money for new ventures...
...affect citizens' lives, anarchists call for the abolition of the state, or at least the reduction of the state's function to that of protecting individual rights. To replace the activities and services the state provides, anarchists envision individuals and groups entering into voluntary contractual agreements, on either a capitalist or socialist economic basis...
...anarcho-socialists have equally strong criticism of their capitalist counterparts. "I think the anarcho-capitalist ideal is a repressive, savage system," Chomsky says. "It doesn't permit slavery but it allows people to fall into a position of virtual slavery. It allows arbitrary kinds of oppression, as long as these are mutually agreed upon." Chomsky adds that as cooperatively owned and operated institutions develop, they will be so successful that no coercion will be necessary to maintain the system...