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Hailed by Fortune magazine as the most successful capitalist who ever lived, the 1937 graduate of Brown received an honorary degree from Harvard in 1975. Watson is believed to be the first person since Benjamin Franklin to have received honorary degrees from both Harvard and Yale in the same month...

Author: By Paveljit S. Bindra, | Title: Bok Joins Prominent Talking Heads (of State) | 6/3/1991 | See Source »

...large extent, the Soviet Union was originally constructed as a military enterprise. After taking power in 1917, Vladimir Lenin and Leon Trotsky quickly forged the Red Army to fight the White Russians. Lenin's successor, Joseph Stalin, saw his first priority as building up powerful defenses to protect against "capitalist encirclement" and to preserve the "Socialist Motherland." Beginning with the first Five-Year Plan in 1928, industries were divided into A (military) and B (civilian) groups, with the A organizations having first call on all resources...

Author: /time Magazine | Title: Soviet Union: Moscow's Hungry Monster | 5/13/1991 | See Source »

That's pretty much been the pattern between the U.S. and the Soviet Union during the gulf war. The ascendancy of the hard-liners in the U.S.S.R., however ominous, has not altered the country's basic desire to stay in the good graces of the capitalist world as much as possible, if only because it desperately wants outside help for its economy. Also the Soviets are so much in need of internal stability and calm that they are all the more eager to be seen fostering those virtues abroad. Hence the core of agreement -- and cooperation -- between Moscow and Washington...

Author: /time Magazine | Title: America Abroad: No, It's Not a New Cold War | 3/4/1991 | See Source »

WHETHER WE SUPPORT the war effort or not, we must examine our commercial reactions to this event. Hall-mark sells Valentine's Day, Grandparents' Day and Thanksgiving. M & M/Mars always cashes in on Easter. AT&T makes a buck at Mother's Day. Capitalist interpretations of these holidays may be sort of sick, but they are not wrong...

Author: By Melissa R. Hart, | Title: War Is No Cause to Celebrate | 2/13/1991 | See Source »

...fact that capitalist foreigners were visiting at all suggests that the world's last great communist dinosaur is beginning to stir. As national alliances have been radically redrawn over the past year, the longest-running dictatorship in the world has found itself increasingly abandoned by the two patrons, Moscow and Beijing, that it has always managed to play off against each other. Pyongyang's sense of vulnerability was only sharpened when the Soviets, who account for 50% of North Korea's trade, established full diplomatic relations with South Korea in September. China, meanwhile, enjoys $3 billion a year of trade...

Author: /time Magazine | Title: North Korea In the Land of the Single Tune | 11/26/1990 | See Source »

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