Word: capitalistically
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Dates: during 1950-1959
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According to Sweezy, one of Marx's errors was his theory of the social revolution. Marx predicted that capitalism would fall first in industrialized countries, due to oppression of the working classes. History reveals, however, that "in the most advanced capitalist countries the standard of living has clearly risen and not fallen," Sweezy noted...
Cleveland Industrialist (steel, rubber, paint) Cyrus Eaton called his talk "A Capitalist Looks at the Commissars" and his audience-a National Press Club luncheon in Washington-sat popeyed at what they heard. On his recent trip to Russia, Eaton was so impressed with Soviet good will and "dedication to work," so eager to believe in a Khrushchev who had offered him palmolive-branch assurances ("He wants to make peace with us. He wants to get along . . ."), that he pooh-poohed the Hungarian suppression as not the Russians' fault at all and added that "the Hungarian issue is a phony...
...Soviet culture commissars, who refused to publish the book-a bestseller in the U.S. and Europe-the highest honor in the literary world came as a dastardly capitalist insult, and they promptly went into one of their vitriolic temper tantrums. The Moscow Literary Gazette sputtered that the award was made "for an artistically squalid, malicious work replete with hatred of socialism," written by a traitor, and Pravda said that this "malevolent Philistine" would regret the prize if there were "a spark of Soviet dignity left in him." Prizewinner Pasternak, a gentle genius of craggily handsome countenance and unflinching integrity, sent...
...raged undefeated retired Heavyweight Champ (1926-28) Gene Tunney, ably seconded by Polly, his socialite wife of 30 years. His opponent: burly Yugoslav Dictator Tito, a canny pro at the political bob-and-weave. Occasion of the scrap: Tunney's second honeymoon, which the ex-champ, now a capitalist and director of many corporations, wanted to spend on the wooded Adriatic isle of Brioni, location of Tito's many-splendored summer place. "Thirty years ago," said Gene, "my wife and I spent most of our honeymoon on Brioni...
Died. William Frank Buckley, 77, far-right-wing capitalist, onetime (1908-n) lawyer for Mexican oil firms, who struck it rich with his own fields, bitterly anti-progressive-education theorist, who last year (TIME, March 4, 1957) founded a school on his Sharon, Conn, estate, to produce an intellectual elite (mostly his own grandchildren) who would be safeguarded from "the blight of liberalism and Communism"; in Manhattan...