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...capitalism's power came, as we used to say, from the barrel of the gun: the Vietnamese, the Panthers, and the protestors in University Hall seemed to prove that. The fact that the vast majority of American voters, by secret ballot in free and general elections, vote for the capitalist system every time they are given the chance seemed to us some kind of trick...

Author: By Richard E. Hyland, | Title: Getting the questions right | 6/7/1984 | See Source »

Biological determinism (biologism) has been a powerful mode of explaining the observed inequalities of status, wealth, and power in contemporary industrialist capitalist societies, and of defining human "universals" of behavior as natural characteristics of these societies. As such, it has gratefully been seized upon as a political legitimator by the New Right...

Author: By Joanna R. Handelman, | Title: Redetermining Genetic Determinism | 6/5/1984 | See Source »

...years by an avowed Socialist. The company is Schlumberger (1983 revenues: $5.8 billion), a leading oilfield-services firm. The executive is Frenchman Jean Riboud, who is profiled in The Art of Corporate Success (Putnam; 184 pages; $15.95) by Writer Ken Auletta. Riboud, 64, is a corporate enigma. A hardheaded capitalist in business matters, he is nevertheless a confidant of Socialist French President François Mitterrand...

Author: /time Magazine | Title: Book Audits: Jun. 4, 1984 | 6/4/1984 | See Source »

...before the rights are awarded, that estimate has been scaled back sharply. Similarly, U.S. and West European firms that regularly establish commercial tie-ins with the quadrennial Games may prove more cautious than ever in becoming associated with an event that could once again become politically combustible. Another capitalist rule of thumb, after all, is that there comes a time to cut one's losses...

Author: /time Magazine | Title: Olympics: Auditing the Capitalist Games | 5/21/1984 | See Source »

...been boiling over into violence. In the Dominican Republic, most union leaders are insisting that the country break off relations with the IMF, blaming its policies for causing riots last month that left more than 50 people dead. Leftists around the world accuse the IMF of trying to impose capitalist values, and Finance Ministers in developing countries frequently protest that it is interfering in internal politics by forcing them to adopt draconian economic measures...

Author: /time Magazine | Title: Turbulent Times for the IMF | 5/21/1984 | See Source »

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