Word: capitalistically
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Bernard Tapie is a prototype of the new French entrepreneur, the personification of an emerging capitalist spirit that is popping up in unexpected places all around the world. With an enthusiastic push, he asks, "Why are we, who have invented everything from fashion to gastronomy, not the most powerful economic force in the world?" In addition to emceeing a television show, Tapie has peddled his views in a best-selling autobiography titled Winning and a popular record called Success in Life. Following the example of his hero, Lee Iacocca, Tapie appears in openly nationalistic television commercials for his own products...
...proper role of the state in the lives of its people. For more than a century, advocates of collective ownership and strong government control of the economy have marched under the banner of socialism. Those who champion private property, individual initiative and the pursuit of profit are in the capitalist camp...
...Bombay and Bangkok, in Lima and Lusaka, governments were nationalizing industries and imposing ever growing and restrictive regulations on private companies. The rising tide of socialism threatened to become a tidal wave. Among superpowers, the Communist Soviet Union appeared to be gaining in international prestige and influence, while the capitalist U.S. seemed to be declining. Racked by oil crises, recession and an inflationary fever that soared to double digits, the free-enterprise system faced a doubtful, some said downright perilous, future...
...reason that private enterprise is on the rise is clear. While capitalist nations, including the U.S. and the emerging countries of Asia, have been highly successful at creating wealth, socialism has largely proved an economic drag. Says Peter Berger, a sociologist at Boston University: "Socialist societies have been dramatically outperformed by any number of successful capitalist countries, especially in Asia...
...locals and patronizes their hangout, a reggae bar, owned by a free spirit named Ernest. It just so happens that Ernest's bar also has the best beachfront on the island. And Ernest won't sell to the evil businessmen who want to spoil the island to satisfy their capitalist dream...