Word: capitalist
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...from "environmental impact" to "energy impact," but in the end, Big Energy's going to build them - if the money's there. Over the next 4-6 years or so, the energy industry will take a look at energy prices - the only real engine for increased production in any capitalist economy - and slowly start placing its bets...
...capitalism. No nukes this time. Instead, the target was technology for an advanced consumer-phone system. Arrested in the incident were a trio of business partners, all Chinese immigrants, including two employed by New Jersey-based Lucent Technologies. They had dreamed of an American shortcut to their country's capitalist road. In an e-mail pitch to Beijing venture capitalists, one of the accused said their company would become "the Cisco of China...
With the collapse of crony capitalist regimes like the one in Indonesia, and as oligarchic nations like Mexico elect more democratic presidents, De Soto's timing is propitious. His Third World clients hope that property-title reform will especially benefit industries like clothing, auto parts and agriculture--where the foreign-trade potential for extralegal businesses is enormous. Haitian President Jean-Bertrand Aristide wants to slice through medieval red tape and legalize his nation's extralegal assets, which amount to $5.2 billion--four times its legal assets. "We would," he says, "finally put our people in partnership with the system...
...commies vs. capitalists, as during the 40 Years War with the Soviet Union, A.K.A. the cold war? There may be some of that, but it's hardly the main story in post-Mao China. The "capitalist-roaders" have won the day, and communism is but the fading red label on a gerontocratic regime locked in a desperate battle with the market forces it had itself unleashed in the era of Deng Xiaoping. The regime's message to the people is not about Mao and Marx but about money vs. might: enrich yourselves, but leave the driving...
...1960s staged sit-ins to protest the Vietnam War, they employed one of the strongest weapons that powerless groups have against authority, to monumentally important effect. The Progressive Student Labor Movement (PSLM) has misappropriated their legacy. PSLM’s campaign against the harsh realities of the capitalist economy is certainly noble. But the living wage issue lacks both the gravity and urgency necessary to justify the sit-in that is now taking place. PSLM has done a disservice to its cause and to today’s generation of students by using our weapon of last resort...