Word: capitalist
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After traditional schooling in economics at Harvard in the 1960s, he said, an experience teaching economics in India compelled him to question the basic capitalist principles he had learned...
...patrol from the moment I leave home, like I'm living in the jungle. But for the people, it's a very different deal." Says Internet-and-media magnate Sanjib Raj Bhandari: "Things are bad and will probably get a lot worse. As bourgeois and capitalist businessmen, we'd better start worrying...
...frictions between North Korea and China have ratcheted up lately as the North seeks nuclear arms against Beijing's explicit wishes. The two communist nations were once so close that China sent troops to defend North Korea against the U.S. military. Now, Beijing appears to have stronger ties with capitalist America. In particular, China's leaders fear that a nuclear-armed North Korea could incite an arms race that would impel Japan and perhaps even Taiwan to build their own nukes. "We once thought Pyongyang was just trying to play a game in return for economic aid," says Zhu Feng...
...Spain's 500,000 Muslims are unhappy about the presence of Spanish troops in Iraq; and shortly after the mosque was inaugurated, Granada hosted a conference on "Islam in Europe," where 2,000 participants heard Spanish Muslim radical Umar Ibrahim Vadillo call for the destruction of the U.S.-dominated capitalist system. A less divisive event was last week's visit to the mosque by some 320 children from 48 countries, who attended the earlymorning prayer session. "Now," says Ruiz, "we have to work on the good sisters next door...
...VICTOR FUNG Brainy, well-traveled, well-spoken and well-liked, Fung, 57, seems eminently qualified to rescue Hong Kong's sick economy. He was once an investment banker and venture capitalist, used to head the Trade Development Council, is current chairman of the Airport Authority, and also runs his family firm, the successful blue-chip trading company Li & Fung...