Word: capitalists
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Those who reported this week's cover story found their subjects generally averse to the flamboyant display traditionally associated with new wealth. Says San Francisco Correspondent Michael Moritz, who also wrote the accompanying box on Venture Capitalist Arthur Rock, our cover figure: "I was impressed by Rock's silent power. People I talked to about him were reluctant to be critical, fearing his reach and influence." New York Correspondent Adam Zagorin was struck by the vitality of the multimillionaires he interviewed. "Stock Analyst Arnold Bernhard, for one, doubled his already considerable fortune when he was past 80," says...
...period of intense activity and emotional strain that transforms a firm from a little-known private business into one that must operate under the merciless scrutiny of lawyers, analysts, competitors and investors. Sometimes the pressure is so great that the smooth running of the firm suffers. Says California Venture Capitalist Thomas Davis: "Baseball players have to perform when people boo and shout. Companies have got to learn to live with the conditions of life...
...Washington headquarters are supplied with his picture and told never to ask for his identification. The United States Information Agency (then called the International Communication Agency) was a neglected foreign policy backwater before Charles Z. Wick, 66, became its director in 1981, but the former Hollywood moviemaker, venture capitalist and, most important, close friend of Ronald Reagan's has brought to the agency righteous zeal and a show-biz tone. He has also earned an uncomplimentary reputation for a bumptious manner and an attention-getting lifestyle...
Nikita Khrushchev and the collective leadership that emerged after Stalin's death in 1953 used the term peaceful coexistence to signal the Kremlin's interest in improving diplomatic contacts with the world. "Neither we nor the capitalist states want to make a trip to Mars, so we shall have to exist together on one planet," Khrushchev said during a visit to India in 1955. As he dismantled Stalin's apparatus of terror at home, the Soviets took their own word for the period from the title of a popular novel: The Thaw. The withdrawal of Soviet occupation...
...divestiture and the policies of the South African government; more to the point, they should try harder to become, more familiar with those concerns. Because the complexities apparent in the paradox that is South Africa reflect the problems of our society--racism, economic inequality as a result of the capitalist system, Third World health problems, and the role of corporate investment in developing countries--it represents a sort of Pandora's Box. When it is opened, the ramifications will be felt by all humanity. So South Africa cannot be ignored; the issue is here to stay. If nothing else, closer...