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...capitalist tools go, Malcolm Forbes, 65, cuts a wide swath. The millionaire chairman and editor in chief of Forbes magazine last week embarked on an 18-day swing through Thailand, Malaysia, Singapore and Brunei for the sheer swell of it. Traveling with an entourage of 20 in his private Boeing 727 (dubbed Capitalist Tool, after the magazine's slogan), Forbes made his first stop at the Grand Palace in Bangkok. He brought along an $80,000, 90- ft.-tall, elephant-shaped balloon to entertain the royal family, but high winds curtailed the flight. Forbes is not bothered by little deflations...

Author: /time Magazine | Title: People: May 6, 1985 | 5/6/1985 | See Source »

...whizbang pop culture is ultimately depressing. White Noise swirls with the sounds of contemporary life--televisions, radios, appliances, sirens. The Babylon inhabited by DeLillo's samaritans is awash in information, sensation, and objects of diversion but everyone's so numb they don't mind, and they adopt a fusty capitalist attitude respecting their decadence. As one character earnestly asserts. "It makes you proud to be an American: we still lead the world in stimuli...

Author: By Ari Z. Posner, | Title: Welcome to America! | 5/1/1985 | See Source »

Obviously, he is a star or something. After saving and then rebuilding Chrysler Corp. against all odds, Lido Anthony Iacocca, 60, is now achieving another, more ephemeral sort of American miracle: he has become an industrial folk hero in a supposedly postindustrial age and, more improbably still, a corporate capitalist with populist appeal, an eminence terrible admired by working class and ruling class alike. Not since William Randolph Hearst has there been a tycoon who has occupied the national imagination as vividly as Iacocca...

Author: /time Magazine | Title: A Spunky Tycoon Turned Superstar | 4/1/1985 | See Source »

...Church, and spends itself violently but impotently in a scatological orgy of graffiti against the cold barrier. On the Eastern side, a pall hangs over the city, reflected in the rigorously functional, regimented gray apartment blocks that line the streets. Propelled by the engine of the postwar Wirtschaftswunder, the capitalist Federal Republic of Germany is a sporty blond racing along the autobahns in a glittering Mercedes-Benz. The Communist German Democratic Republic, bumping down potholed roads in proletarian Wartburgs and Russian-built Ladas, is her homely sister, a war bride locked in a loveless marriage with a former neighbor...

Author: /time Magazine | Title: Music: Bach and Handel At the Wall | 3/25/1985 | See Source »

Chinese officials often seem taken aback by the sheer novelty of their recent economic achievements. "Tell me," an experienced Chinese diplomat asked in Peking not long ago, "do you really think China is going capitalist?" It is not, of course. The key means of production remain in the ! hands of the state, and the Communist Party is firmly in charge. The question that should be asked is this: Is China growing out of its half-century-long embrace of Marxist metaphysics? The answer is a qualified...

Author: /time Magazine | Title: China the Puzzle of the New | 3/18/1985 | See Source »

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