Word: capitalistically
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...group that zealously subscribes to the communist doctrine of Chinese revolutionary Mao Zedong, Nepal's rebels last week showed an unsettling knack for finding the pressure points of a capitalist society. Following a firebomb attack on Kathmandu's luxury Soaltee Crowne Plaza hotel, the Maoists demanded the closure of a dozen multinational companies and declared a blockade of the main roads leading into the capital?upon which its 1.5 million residents depend for everything from fuel to food. Vegetable prices rose, tourists canceled their visits and officials warned that fuel supplies could run dry by next week. The companies that...
...After being purged by Mao Zedong during the Cultural Revolution as a capitalist roader and an archrevisionist, Deng rejoined the Chinese leadership in 1972-73 under the auspices of Premier Zhou Enlai. It was just at that time that the U.S. arrived permanently in Beijing with its Liaison Office, headed in 1974 by George Herbert Walker Bush. When these two men met, Deng?the short, tough revolutionary from Sichuan in central China?and Bush?the tall, ambitious and smart ?litist from America's Northeast?the chemistry was immediate. Deng saw Bush as an American who some day would lead...
Today, as Murthy sits in the chairman's office of Infosys, a Bangalore-based software and services company, his capitalist transformation is complete. Murthy has helped turn outsourcing into a multibillion-dollar business that has rejuvenated U.S. and European companies by slashing their tech spending. But his success has also contributed to fears that American software-engineers' jobs could migrate to India, making outsourcing a hot political topic...
...seminars on oil administration," says Rodriguez, 66, whom fellow combatants remember as being the same energy-policy wonk then that he is today. "I committed myself body and soul to it." Not surprisingly, his petro-philosophy was more Marx than Rockefeller, and his rhetoric even now might give a capitalist oilman cold sweats. "The people are the owners of their natural resources," says Rodriguez, "so we all have a proprietary actor's role on the oil stage...
...five-year plan is Rodriguez's chance to prove once and for all that a lefty can run a major oil company as effectively as any capitalist CEO"more effectively," he insists. With giant new well projects at sites like Tomoporo and El Furrial, PDVSA hopes to increase daily output to more than 5 million bbl. by 2009, which Rodriguez now knows is critical to staying competitive. Some investors gripe that Chavez's 2001 hydrocarbons law makes it too difficult to participate in the lucrative quality-crude projects. But others praise Rodriguez (and more radical leftists berate him) for reserving...