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...Anarchist notices (the barbers were mostly Anarchists) solemnly explaining that barbers were no longer slaves," Orwell wrote. "In the streets were coloured posters appealing to prostitutes to stop being prostitutes." Throughout Catalonia, he said, "human beings were trying to behave as human beings and not as cogs in the capitalist machine...

Author: By Seth M. Kupferberg, | Title: Homage to Pablo Casals | 11/1/1973 | See Source »

Cyrus Eaton is one of the most contradictory figures in U.S. business: an archetypal capitalist worth more than $150 million, he regularly visits Communist capitals from Havana to Hanoi in an attempt to promote East-West détente. He has made the Cleveland-based Chesapeake& Ohio one of the few profitable railroads in the country; last year it doubled its earnings, to $60 million. Eaton, at 89, talks and acts as though he plans to stay active in business forever-and lately that ambition has become all too painfully believable for his impatient corporate colonels. Last week, while Eaton...

Author: /time Magazine | Title: EYECATCHERS: C & O Switchover | 10/22/1973 | See Source »

With this outlook, Leontief is able to see virtues both in capitalist America and socialist China. He considers the profit motive the best driving force of the American economy but admires the "purposefulness of the Chinese people...

Author: By Fran R.schumer, | Title: Wassily Leontief: He Resisted Conservatism' | 10/19/1973 | See Source »

...Soviet Union, Leontief's birthplace, is not high on his list of model economic systems. Leontief does not emphasize the problems of the Russian economy, but rather says it is plagued by the "troubles familiar to most socialist and most capitalist countries...

Author: By Fran R.schumer, | Title: Wassily Leontief: He Resisted Conservatism' | 10/19/1973 | See Source »

Basically, the method highlights the interdependence of economic systems-both socialistic and capitalist ones-by recognizing that most goods have a dual nature. What is produced (output) by one industry is used (an input) by another industry to produce something else...

Author: By Fran R.schumer, | Title: Wassily Leontief: He Resisted Conservatism' | 10/19/1973 | See Source »

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