Word: capitalists
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...VIRTUE of a second irony, namely the large assortment of investment opportunities offered by the (capitalist) capital market in response to the variety of investor tastes, it is possible to make an important generalization: the financial equivalent of any morally objectionable stock can be found. Given a statistical description of the aims of the Harvard investment program--target distribution by industry, risk characteristics, aggregate rate of growth and return would be examples of the necessary parameters--it should be possible to keep the University out of moral potholes for nothing. Indeed, there is some justice in the argument that investing...
...GENERAL ATTITUDE which underlies the old China Policy is that as long as the "irrational" Mao governs the Mainland, there can be no serious talks with his government. Peking feels the same way about the capitalist ruling class in America (whose nature, they say, can never change). But what the State Department China Policy makers overlook is that the most important factor in negotiation is the readiness of both sides to get down to business, and this readiness depends more on the political and security situation of the negotiating countries at a particular time than on who governs either country...
WITH Friday came the panel on Housing. It might have been more aptly titled "Why We Love Black Capitalists." Most prominent among the panelists was Floyd McKissick, activist turned capitalist, formerly president of the Congress on Racial Equality and now president of McKissick Enterprises, Inc. When someone in the audience suggested that the Caucus should push for the development of non-profit companies to build housing for blacks, McKissick flew into a rage. Jumping out of his chair and waving his hands, he yelled, "There is nothing wrong with making money, with making a profit. We as black people have...
...felt the convention at Gary had "outlined the aspirations of our people," and established long range goals. She noted that the goals and aspirations expressed at Gary had reflected "the two alternatives that blacks have selected," that of working within the capitalist system and that of working to establish "alternative institutions that work outside of the system, a black America that operates within the other America." Gary had selected the destinations. All that was needed now were road maps for the territory...
...felt the convention at Gary had "outlined the aspirations of our people," and established long range goals. She noted that the goals and aspirations expressed at Gary had reflected "the two alternatives that blacks have selected," that of working within the capitalist system and that of working to establish "alternative institutions that work outside of the system, a black America that operates within the other America." Gary had selected the destinations. All that was needed now were road maps for the territory...