Word: capitalistically
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There is a lot more oil and gas where that came from, if Beijing can bring itself to depend on Moscow as a supplier. The two former communist powers have never trusted each other, but new capitalist economics trumps old socialist enmity. Russia needs money, and China has $1 trillion sitting in corporate coffers...
...Medvedev has learned what most capitalist CEOs have known for years. Putin plays the heavy. He is the ex-KGB bully who is willing to say that invading neighboring countries is fine. Medvedev gets to play the role of the leader with balanced views, the cooler head, the man that foreign leaders would like to meet. And, for the privilege of being loved, Medvedev is paid $13,300 less than Putin. It shows the flaw in the US system. Of the people in the Administration President Obama is clearly the most well-liked as well as being the best paid...
...free market crowd still wants to let the capitalist system sort itself out without substantial government intervention. They posit that, no matter how painful the adjustment, it is better for the economy to move to or beyond the brink of collapse on its own so that the resulting inexpensive labor, goods, and services can eventually cause a tiny spark of demand which will eventually turn into a raging recovery. These analysts may be right, but nearly everyone is frightened by the prospect of the carnage which would go along with the economy "improving itself" without government intervention. If unemployment gets...
...even hotter in the coming days. On the eve of a meeting between leaders of the G-20 in London next week, thousands of protesters are expected to converge on the Bank of England as part of "Financial Fool's Day." G-20 Meltdown, the umbrella of anti-capitalist groups behind the demonstration, promises a "carnival" atmosphere. But here's a spoiler alert: "We are going to be hanging a lot of people like [RBS's Fred Goodwin] from lampposts on April Fool's Day and I can only say let's hope they are just effigies," Chris Knight...
...approach and the post-Cold War realities. With the Soviet Union gone and China socialist in name only, the specter of communism is no longer haunting us, and charges of socialism have lost the political power they had for most of the past century. Rather, it's suddenly capitalist piggishness that provokes genuine rage. When nearly half the House Republicans vote for a confiscatory 90% tax on Wall Street executives' bonuses, the old "class warfare" lines seem moot...