Word: capitalist
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...course, commercials and product placements are a fact of life in a capitalist society. But parents must preserve the gap between products and people by opting not to name their sons something like ESPN—which, when pronounced “espen,” is the name of at least two little boys in Texas and Michigan. Instead, children should be taught to conduct their lives according to how they want to be regarded, choosing their relationships, activities and career pursuits accordingly. They must decide what to eat, wear and drive without overbearing product images helping decide...
DIED. EUGENE KLEINER, 80, gentlemanly, Austrian-born Silicon Valley engineer and venture capitalist; of heart failure; in Los Altos Hills, Calif. In 1957, with $3,500 and seven colleagues, he came up with a way to mass-produce silicon transistors, a discovery that opened the door to developing desktop computers and cell phones and spawned companies like Intel. In 1972, he co-founded Kleiner, Perkins, Caufield & Byers, a venture-capital firm that helped establish more than 300 companies, including Compaq and Sun Microsystems...
...change his m.o. just because he's in a Montreal hospital bed. So he thunders on about the long-ago killing of "200 million" American natives by European armies--"The greatest holocaust in history happened right here"--and snipes that his businessman son (Stephane Rousseau) "is a puritanical capitalist, while I am a sensual socialist." If Fox News had a left-wing channel in Quebec, Remy would be its Sean Hannity...
...Lula should have plenty of support for his strategy, since surveys show most Latin Americans have soured on closer trade ties with the U.S. Latin poverty has worsened amid capitalist reforms - a big reason why Bolivians last month forced free- marketeer President Gonzalo Sánchez de Lozada to resign. In Peru, the polling firm APOYO has found that only around one-third of voters agreed with their government's decision to take Peru out of the G-22. Lula and Brazil have harnessed decades of pent-up frustration with hefty U.S. tariffs. For example, Brazil and the U.S. together...
...where Shining Path now taxes the lucrative coca-leaf shipments for cocaine traffickers. The revival of Sendero Luminoso, as Shining Path is known in Spanish, is a stinging sign of Peru's and South America's failure to address the epic levels of rural poverty that worsened under the capitalist reforms of the 1990s. Since locking up Shining Path's leadership a decade ago, Peru "has not been sufficiently agile in implementing development programs," admits Interior Minister Fernando Rospigliosi, who oversees antiterrorism efforts. That's a key reason why Shining Path has reloaded its AK-47s now. But the group...