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...Mexico City refuge and pledged to silence on matters affecting Mexico, almost burst with anxiety at all these developments last week. What the Great Exile was thinking was meanwhile mirrored by his landlord, Diego Rivera, who took time out from painting a mural for a Pittsburgh capitalist to issue awful warnings: "Lombardo Toledano has closely intertwined his fate with that of the Soviet oligarchy in the Kremlin. From there he receives instructions and all kinds of aid. For Moscow it is a question of transforming the workers' organizations of all America into an obedient instrument of Joseph Stalin...

Author: /time Magazine | Title: Foreign News: Capricorn to Cancer | 9/19/1938 | See Source »

...Deal is a sincere, businesslike experiment by President Roosevelt, who hopes, by using standard, capitalistic methods of taxation (all the traffic will bear) to pay the costs, to put the capitalist system (Capitalism) back on its legs once more after having suffered at least 15 major strokes of business paralysis or depressions previously, through many decades and by a score of ad ministrations of both Democratic and Republican presidents...

Author: /time Magazine | Title: Letters, Aug. 29, 1938 | 8/29/1938 | See Source »

This brings up for revision the most distinctively Communist contribution to Russian finance. It is a Communist contention that the crushing burden of taxes borne by workers under a capitalist state is largely lifted in the Soviet State by turnover taxes. As a capitalist buys materials and adds a profit on to his costs before selling them, the State adds a turnover tax. Thus in Russia the State sells its own wood to its own sawmills, sells its lumber to its furniture factories, sells its furniture to the public-and collects a tax on each of these turnovers...

Author: /time Magazine | Title: RUSSIA: Taxation Rationalized | 8/22/1938 | See Source »

...gone stale, down to his last $391.23, Philip Whitlock abandons his retreat in the Canadian woods, goes to visit the Marstons, owners of the wire factory in a one-industry town in Connecticut, and stays on in their guest house. The fateful Marstons are a gruesome miniature of the capitalist world as left-wing thinkers see it. After seeing a great deal of it, Philip decides this environment is too much for him. But on the day he intends to clear out for Oregon he gets involved in an eviction, lands in the hospital with a fractured skull...

Author: /time Magazine | Title: Books: Violent Salvation | 8/22/1938 | See Source »

...British" evolutionary, "substitute" socialism taught by the Fabians under Sydney Webb and George Bernard Shaw, instead of the "scientific socialism" of Karl Marx. The Fabians were not consciously malicious or cowardly, says Strachey, they were merely ignorant, got their socialist wires crossed because they did not know what a capitalist State was all about. They said the State was "a great league of consumers," hence worked with the Government when they thought its politicians "good," sulked when they considered them "bad." Marxists said the State was a purely class instrument-"good" politicians were only capitalist politicians wearing democratic rouge...

Author: /time Magazine | Title: Books: New Model Labor | 8/8/1938 | See Source »

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