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Guatemala's Communist-coddling, capitalist-baiting left-wing regime has shown Guatemalans time & again that an avowedly pro-labor government can be a harsh employer. Since Jacobo Arbenz, hand-picked successor of fuzzy "Spiritual Socialist" Juan José Arévalo, took over as President last March, five groups of government employees have gone out on strike for a fairer deal...

Author: /time Magazine | Title: GUATEMALA: This Side of Paradise | 9/17/1951 | See Source »

Brimstone Battle. The find was another feather in the cap of Manhattan Multimillionaire John Hay ("Jock") Whitney, 47, capitalist, Yaleman, sportsman (polo and racing), soldier (Air Forces colonel), connoisseur of modern art (TIME, Aug. 27), philanthropist, Broadway angel (Life With Father), public servant (president of New York Hospital), and husband of one of the famed Cushing sisters (Betsy, ex-wife of James Roosevelt). Whitney is Freeport Sulphur's chairman and biggest stockholder. Along with Freeport's President Langbourne M. Williams Jr., 48, he got control of Freeport when both of them were still in their twenties...

Author: /time Magazine | Title: RAW MATERIALS: Freeport's Find | 9/3/1951 | See Source »

...Republican? We know he is committed to the defense of Europe from Communism, but does he favor keeping Communism out of America? What is more to the point, does he favor the Fabian Socialism of the New Deal, or the Fair Deal? Or does he believe in preserving the capitalist system...

Author: /time Magazine | Title: Letters, Aug. 20, 1951 | 8/20/1951 | See Source »

...limelight-hogging, he teamed up with Structural Specialist Mikhail Gurevich to produce World War II's MIG1 and MIG3 (the Russian Spitfire), after the war turned out a jet-propelled MIG-15, the first Russian jet to go into quantity production. He has twice been accused of using "capitalist tactics" to boost production of his own planes over others...

Author: /time Magazine | Title: Foreign News: RUSSIA'S TOP AIRCRAFT DESIGNERS | 8/20/1951 | See Source »

...assassin in 1948, got a token of esteem from the Skoda steel works: a bulletproof Skoda limousine. Such a gift, said the beaming Togliatti, "*is proof of the industrial ability and excellent workmanship of Czechoslovakia, working...freely to put out cars for the common man at a time when capitalist industry is concentrating on brutal rearmament...

Author: /time Magazine | Title: People: Paths of Glory | 7/30/1951 | See Source »

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