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Legendary economist though he was, Smith offered no evidence for this particular hypothesis, nor does the staff. In fact, the father of capitalist theory wrote, "Some workmen, indeed, when they can earn in four days what will maintain them through the week, will be idle the other three...

Author: By Stephen E. Frank, | Title: Right for the Wrong Reasons | 9/22/1992 | See Source »

...Soviet Union, the only capitalist was the state. It owned everything from the ice-cream kiosks on city streets to town-size tank factories. One of Russian President Boris Yeltsin's toughest challenges has been to transform the government's monopoly into a free market, and to do it equitably. "We need millions of property owners," he says, "and not just a handful of millionaires...

Author: /time Magazine | Title: Russia For Everyman | 8/31/1992 | See Source »

...similarity remains. The food tastes the same. The Coke tastes like Coke, a milkshake tastes like a milkshake. And the hamburger topped with ketchup, mustard and pickle, tastes like, well, a hamburger. So know I know why I, too, worship the glaring yellow "M," the glorious products of a capitalist society. It's because of the food...

Author: By Natasha H. Leland, | Title: A Burger at Mickey D's Beats Out The Local Stolovaya Fare Any Day | 8/18/1992 | See Source »

...prominent Chinese sports journalist: "Fu Mingxia is a money tree for her family." Still, that Olympic bonus is less than a fifth of what the Soviet Union offered athletes for gold at Seoul -- and about one-third of 1% of what American gymnast Mary Lou Retton earned from capitalist sources after her Olympic heyday...

Author: /time Magazine | Title: Diving China's Chosen Ones | 7/27/1992 | See Source »

Instead, hooks remains faithful to a vigilant progressive politics, asking what price Black Americans must pay to have the system work for them. Calling the hearings a "reinscription" of the status quo, hooks sees Thomas as "fundamentally allied with...the interests of white supremacist capitalist patriarchy." To hooks, Thomas' being Black does not in itself make his appointment to the Supreme Court a triumph--rather, his complicity in a racist, sexist power structure makes the appointment a setback for those interested in real social change...

Author: By David S. Kurnick, | Title: What's Relay Happening Now: Race and Pop Culture | 7/24/1992 | See Source »

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