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...Thanks to its hip reputation - and the package of eBay options offered to staff - it has managed to lure about 50 people from abroad. But other firms have a tougher time following suit. Allan Martinson, who ran an IT firm and has now set up shop as a venture capitalist, reckons that Estonia's true innovative edge has more to do with the willingness of the public to use technology than with any particular national skill at developing it. "We're fast early adopters. We're very good at getting innovation to work," he says. For example, the whole financial...

Author: /time Magazine | Title: Getting It Right | 9/28/2006 | See Source »

CHAVEZ: When I was released from prison [in 1994] and began my political life, I naively took as a reference point Tony Blair's proposal for a "third way" between capitalism and socialism--capitalism with a human face. Not anymore. After seeing the failure of Washington-backed capitalist reforms in Latin America, I no longer think a third way is possible. Capitalism is the way of the devil and exploitation, of the kind of misery and inequality that destroys social values. If you really look at things through the eyes of Jesus Christ--who I think was the first socialist...

Author: /time Magazine | Title: The Sound & The Fury | 9/24/2006 | See Source »

Meyer's business model intentionally inverts classic capitalist priorities. He believes that to be successful you must first meet the needs of employees, then guests, followed by the community, suppliers and finally investors, in that order. "If you are devoted to your staff and can promise them much more than a paycheck, something to believe in," he says, "you will then get the best service for customers, which will in the long run provide the best return to your investors...

Author: /time Magazine | Title: Money: The Business of Hospitality | 9/24/2006 | See Source »

...growing support in Latin America for his brand of "21st-century socialism," Chavez said: "After seeing the failure of Washington-backed capitalist reforms in Latin America, I no longer think a third way between capitalism and socialism is possible. Capitalism is the way of the devil and exploitation. If you really want to look at things through the eyes of Jesus Christ - who I think was the first socialist - only socialism can really create a genuine society...

Author: /time Magazine | Title: Chavez: "Bush Has Called Me Worse Things" | 9/22/2006 | See Source »

With Patrick surging, Gabrieli—who had held out on running for governor on the hope that Reilly would choose him as a running mate—entered the race. A wealthy venture capitalist who had been the 2002 Democratic nominee for lieutenant governor, Gabrieli took to the airwaves and spent over $10 million of his own money on the race. By mid-August, the three candidates were in a statistical dead heat...

Author: By Paras D. Bhayani and Virginia A. Fisher, CRIMSON STAFF WRITERSS | Title: Dunster House Alum Wins Democratic Gubernatorial Nod | 9/20/2006 | See Source »

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