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TIME noted correctly that capitalist societies have, by and large, met the economic needs of their citizens, while collective societies have failed miserably. I was pleased also that TIME noted the inextricable link between economic and political freedom...

Author: /time Magazine | Title: Forum, Aug. 11, 1975 | 8/11/1975 | See Source »

...FILM makes no big statements and doesn't pretend to. Its little statements are abundant, and its little morals are taken from the traditional lore of a capitalist society, Xaviera finally builds up a large, bustling establishment and becomes so caught up in running the business that I lost touch with my customers." We see her wandering forlornly through her crowded parlor, where no one has time to talk to her, trailing listlessly upstairs, and falling asleep at her desk, 'too tired to join my own Christmas party." Just in case anyone out in the audience is beginning...

Author: By Kathy Holub, | Title: The Prostitution of Prostitution | 8/8/1975 | See Source »

...which will be published in the U.S. by Alfred A. Knopf later this year. In his introduction, Sakharov describes this new book as an updating of his widely publicized 1968 manifesto, Thoughts on Progress, Peaceful Coexistence and Intellectual Freedom, in which he called for rapprochement between the Communist and capitalist systems. The physicist writes that he decided to undertake the new project largely as a result of a discussion about détente in his Moscow apartment last November with New York's Conservative Senator James Buckley ("the first U.S. Government figure who considered it possible to meet with...

Author: /time Magazine | Title: OPINION: Sakharov: A Dissident Warns Against D | 8/4/1975 | See Source »

...into high priority projects, like energy development. The liberal argument is that capital is not so much in short supply as inefficiently used; for evidence, they point to the overbuilding of shopping centers and vacation condominiums. Conservatives, meanwhile, maintain that an allocation system is unworkable and would cripple the capitalist system-the jugular vein of which is the free movement of money. Moreover, they contend that the real need is for more investment. Among their proposals: lowering the capital gains tax and allowing companies to depreciate their plant and equipment faster and deduct dividends as an expense -thereby releasing more...

Author: /time Magazine | Title: INVESTMENT: How to Afford The Future | 7/28/1975 | See Source »

...Communist Party duties. The Western insistence on individuality is regarded as weakness and its passion for expression as a delusion. In a recent speech, Secret Police Chief Yuri Andropov expressed his contempt for the Western version of democracy: "How can one speak of civil rights for the masses in capitalist countries where people live in fear of losing their jobs?" The picture of the West in the Soviet press is uniformly black-a nightmare of unemployment, strikes, inflation, crime and drug problems...

Author: /time Magazine | Title: SOVIET UNION: An Earnest, Conservative Society' | 7/21/1975 | See Source »

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