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...ships, chemicals and petroleum derivatives. A boom has its price, of course: many Yugoslav cities are for the first time experiencing the agonies of rush-hour traffic jams, packed restaurants and overcrowded shops (workers recently shifted from a sixto a five-day week). Nowadays, Tito can even afford the capitalist luxury of strikes-some 700 of them in the last three years, mostly for higher wages...

Author: /time Magazine | Title: Yugoslavia: Beyond Dictatorship | 1/20/1967 | See Source »

...wife Marina's role in bringing him to the breaking point. "Lee," he writes, "had thought he had found a beautiful, dedicated Communist who would forever be his submissive darling. He had expected her to scorn the world that scorned him and reject the materialism of a capitalist society." Instead, she jeered at all his failures and paid him the ultimate insult of leaving him. Somewhat melodramatically, Manchester pictures Oswald "going mad" while watching a flickering TV set the night before the murder. The author never wavers in his conviction that Oswald acted alone and was clearly demented...

Author: /time Magazine | Title: The Press: What the Fuss Was About | 1/20/1967 | See Source »

...persuade people to consume less and produce more, writes Balogh, governments must put stern controls on output, imports, wages, prices and the human psyche. If capitalist-style advertising campaigns cannot induce people to accept austerity and sacrifice, then governments may well be advised to try the compulsion of Marx...

Author: /time Magazine | Title: Books: Prescription for the Poor | 1/20/1967 | See Source »

...capitalism?" a crucial New Year's newspaper editorial asked. Once the Cultural Revolution has everyone in tune with the interests of the peasants and workers, the work can go been criticized: In the long run, Mao argues, a socialist economy with a firm ideological base will surpass, any capitalist economy. the Russians have succumbed to the short-run lures of capitalism; the Chinese, Mao is convinced, must be more careful...

Author: By T. JAY Mathews, | Title: Trouble in China | 1/12/1967 | See Source »

...launched a series of merger discussions. Among companies invited to discuss a possible deal are the McDonnell Co. of St. Louis, North American Aviation of El Segundo, Calif., and General Dynamics Corp. of New York City. Admittedly interested in Douglas are New York's Martin Marietta Corp., Venture Capitalist Laurance Rockefeller, the Signal Oil & Gas Co. of Los Angeles, and Fairchild Hiller Corp. of Hagerstown, Md. Signal last week offered Douglas $100 million for 5,000,000 shares of a new issue of 6% preferred stock. Converted to Douglas common stock at the rate...

Author: /time Magazine | Title: Corporations: The Race for Douglas | 1/6/1967 | See Source »

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