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...also shows that Stalin's idea of "socialism in one country" at the expense of the international resolutionary movement can lead only to the abandonment of worker democracy and the disintegration into state capitalism. Under state capitalism, communist countries must oppress their own workers in order to compete with capitalist nations. The Soviet Union had followed this path away from genuine socialism since Fenin's death and Itotsky's flight from Stalin, and Carr's evidence makes plain the price Spain paid for the USSR's actions...

Author: By D. JOSEPH Menn, | Title: Losing Sight of the Revolution | 2/25/1985 | See Source »

Ginsberg: The problems are hierarchical authoritarian control, replication of everyday household artifacts and automatic replication of poetry, film and television. All of these things can happen under a communist bureaucracy or a capitalist bureaucracy. Disasters can result like Mao's great leap forward where millions starved or Union Carbide's Bhopal where hundreds of thousands were injured. When a society's hyper-mechanization moves out of the people's notice they suffer from depersonalization...

Author: NO WRITER ATTRIBUTED | Title: Ginsberg on the Beat | 2/7/1985 | See Source »

Other management experts maintain that it is not easy for corporate executives to adopt a policy of letting free spirits go off on their own, spending company money with little centralized control. Says Terry Winters, a venture capitalist in Englewood, Colo.: "Even the best of organizations cannot keep its management's finger out of the pie." The new style involves a radical departure from corporate policies based on control from the top, layers of reporting and analysis, and an intolerance of failure. As a result, & intrapreneurship seems to work best in companies like 3M that have a long tradition...

Author: /time Magazine | Title: Here Come the Intrapreneurs | 2/4/1985 | See Source »

...Daulton was an important man in his own right, in his own eyes: he had established a lucrative trade in cocaine and heroin, living high on the profits and slick-talking his way past a judicial system as indulgent as his parents. Soon, the renegade idealist and the venture capitalist joined forces to foul up the system by selling U.S. spy satellite codes to Soviet emissaries , in Mexico City. What delicious revenge on America's bland malevolence and institutional incompetence! What an entrepreneurial scam--the ultimate frat- house prank...

Author: /time Magazine | Title: Cinema: The Hardy Boys Turn Traitor the Falcon and the Snowman | 1/28/1985 | See Source »

First, the FDIC's move should be perceived largely as a signal to the industry that board directorships should not be awarded as honorariums. One of the great risks a capitalist society faces is the uncertain stability and credit worthiness of its banking institutions. By refraining from nationalizing the industry, unlike most European socialist countries, the United States is placing great faith in the management of individual banks. The FDIC must use the opportunity of Continental Illinois's brush with disaster to remind bank directors of the trust placed in them. (The FDIC had to wait until media focus shifted...

Author: By Joseph L. Faber, | Title: A Welcome Shock to the System | 1/16/1985 | See Source »

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