Word: capitalists
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...years China has cultivated an image of itself as a peace-loving society that had eradicated much of the violent crime plaguing the decadent capitalist West. No longer. In recent weeks Chinese newspapers and radio broadcasts have been so filled with detailed reports about pickpockets, street muggers and rapists that the country appears to be in the midst of a nationwide crime wave...
...this from happening again once the furor faded. This year the percentage rises in profit have been up to three times as high. If the government cannot establish an "all-American" oil company now, it will lose the opportunity forever--the chance to join the rest of the Western, capitalist, industrialized world in fielding a state-owned competitor...
...England's minister for energy noted in 1975. "No other government outside the United States has thought it wise to be completely dependent on the oil companies." But the U.S. would not have to explain a decision to participate in the oil industry only in terms of joining its capitalist comrades. It could cite home-grown precedents, too. The best is probably the Tennessee Valley Authority. It was a model of the yardstick competitor not only in price but in services and social concern, reclaiming land and replanting forests...
Park's main goal in office was to turn South Korea into a dynamic capitalist society on the Asian mainland, using Japan as a model. In this he succeeded. Since 1961, South Korea's per capita income has risen from $85 a year to around $1,500. South Korea now has a gross national product of some $50 billion (four times that of North Korea), and is a hard-bargaining rival to Japan in exports of steel, ships and textiles. New superhighways cut through the countryside; high-rise offices and apartments form towering sky lines in Korean cities...
Bankrolled in part by two West Coast millionaires, Venture Capitalist Arthur Rock and Henry Singleton, the Teledyne Inc. chairman, Apple has been able to finance its growth internally. In 1976 the company had no employees other than the two founders and $200,000 in sales; by 1978 the payroll was up to 150 and sales totaled $17.5 million. This year the company, which is privately held but admits to pretax earnings equal to about 20% of sales, expects to be doing $75 million in business with 400 employees...