Word: capitalistically
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Quote of the Week: "In a capitalist system, you always have the haves and have-nots. You live with it or go to Russia."--Southern Basketball Coach Ben Jobe on the NCAA Tournament...
...common attitude toward Moscow. Gorbachev and Deng will not emerge from a summit ideologically reunified or recommitted to joint support of subversion. In the Third World, Marxism has lost its attractiveness as an ideology and an economic theory; men calling themselves Marxists openly discuss what they can learn from capitalist societies like South Korea. However, even as the socialist economies liberalize, the fundamental disagreements still exist between our democratic principles and the Communist system...
...humanitarian conservatism is more than just a philosophy of noblesse oblige applied to a bourgeois capitalist setting. It seeks to show that while the ideal worlds of Plato, Marx and the socialists might make great places to live (and maybe not), this is an imperfect world...
...thousands of American companies large and small, the employees are starting to act as if they own the place. Well, they're entitled, because they do. Meet the new breed of hard-driving capitalist: the employee stockholder. At Oregon Steel Mills in Portland, the chairman's secretary has earned $500,000 in company stock, and a few of her colleagues have become paper millionaires. At Quad/Graphics, a Wisconsin printing company, the average five-year employee owns shares worth $250,000. In Avis car-rental offices across the U.S., employees are touting their stake in the company with lapel buttons that...
...Soviet Union's winter of discontent is caused partly by the predictable functioning of the capitalist law of supply and demand. Soviet salaries have risen an average of roughly 8% over the past three years. Meanwhile, production of big-ticket consumer items like refrigerators and automobiles has been increasing at a much lower rate. As a result, says Yuri Luzhkov, chairman of the state committee responsible for Moscow's food supply, "people are investing their new money in food" -- and, in the process, creating the current spate of product shortages. Jan Vanous, research director of PlanEcon, a Washington-based think...