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...aftermath, Yasser Arafat said the U.S. was guilty of "cowboy logic." It seemed to Americans an oddly flat and barbless phrase, something like the boiler-plate invective ("capitalist roaders," "unreliable elements") for which Communist regimes have a dreary genius. Terrorism is a haunted house, theater in the shadows. It needs its ugly special effects. Terror depends, so to speak, upon absolute artistic control. But suddenly in the Achille Lauro case, the house lights came up, and Arafat found himself blinking uncomfortably at the audience. No wonder his rhetoric sounded lame...

Author: /time Magazine | Title: Essay: Smile When You Say That | 10/28/1985 | See Source »

...meeting underscored an ideological disagreement that still exists within the party despite Deng's success in moving China away from Maoism. At the closing session, Deng chose to appease hard-liners by emphasizing, "In our propaganda, we must firmly oppose bourgeois liberalism, that is, publicity that favors taking the capitalist road." He continued, "We exert ourselves for socialism not only because socialism provides conditions for faster development of the forces of production than capitalism but also because only socialism can eliminate the greed, corruption and injustice that are inherent in capitalism...

Author: /time Magazine | Title: China Deng's Victory | 10/7/1985 | See Source »

...large blue boxes for institutions. That doesn't change, whether Steve is here or not." Some observers, noting that Apple stock jumped $1 a share after Jobs' resignation became known, believe his departure may be a blessing for the company. Says David Gold, a Palo Alto venture capitalist: "It's good news for Apple that | he's out of their hair. The loss of a few employees is probably a small price to pay to have Steve Jobs going off and doing something else." But Nolan Bushnell, who founded Atari and subsequently launched and left several other firms, including Pizza...

Author: /time Magazine | Title: Shaken to the Very Core | 9/30/1985 | See Source »

Such concern could mount as long as the government pursues a policy of trial and error, one day stressing a capitalist slogan ("To Get Rich Is Glorious"), the next a Communist one ("Sacrifice for Socialism"). The most urgent priority of what some Chinese call Deng's "cultureless (materialistic) revolution" is to find a new dynamic for China that can help ensure the stability of its society even when the inevitable economic and political disappointments occur. The pragmatists have succeeded in brushing off the ashes of Maoism. They must now find a way of enabling the Middle Kingdom to advance...

Author: /time Magazine | Title: The Second Revolution | 9/23/1985 | See Source »

Official opinion continues to vacillate. Deng has declared that talk of capitalism "cannot harm us," but he has also cautioned that China must "combat the corrosive influence of capitalist ideas." At one point, the People's Daily pronounced that the world had changed so much since the days of Marx and Lenin that "we cannot expect (their) works to solve our present-day problems." A few days later, following angry and anxious cries that the paper had renounced the country's very ideology, the People's Daily backpedaled. It had meant to say, it explained in a retraction, only that...

Author: /time Magazine | Title: The Second Revolution | 9/23/1985 | See Source »

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