Word: capitalists
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Dates: during 1990-1999
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ACCORDING TO THE AMERICAN capitalist gospel, it is no sin to go belly up. Quite to the contrary, U.S. firms enjoy the most liberal bankruptcy laws on earth -- a privilege strengthened by a provision of the code known as Chapter 11 that holds creditors at bay while often allowing sick firms to bleed new buckets of red ink and still operate for years...
GATES SKEWERS THE LEFT as well, although here we can find more to complain about. Much of his critique centers around carving out a role for the evaluation of texts by literary critics like himself--as opposed to trashing all evaluation as a tool of capitalist, white male oppression...
...THEIR POLYVINYL sheen and electronic gadgetry and spiffy biomorphic shapes, world's fairs are 19th century spectacles. They are celebrations of human (or, anyhow, bourgeois capitalist) confidence, of mechanical ingenuity, of rationality, of progress. The first was staged in London's Crystal Palace in 1851, just as the 19th century was really becoming the 19th century. At the Philadelphia Centennial Exposition in 1876, Edison exhibited his phonograph, Bell his telephone and Underwood his typewriter...
...must remember what gave birth to communism in the first place: the social upheavals and new poverty brought about by the Industrial Revolution, troubles that preceded its immense benefits. The man-made calamities of the capitalist free market constituted, as it were, acts of God without God. The socialist movements that sprang up in protest were animated partly by Luddite rage, partly by the dreams of a just and stable society, a New Jerusalem. These dreams have not been eradicated by their devastating practical failure...
...troubling questions loom as the East Europeans slowly turn capitalist. Will they have the patience to endure still more dislocation? And will the pattern of optimism, pain and disillusion be repeated in Russia, on a vastly greater scale and with far more dire consequences...