Word: capitalists
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Speaking to a group of Polish Americans, President Johnson noted last week that some Communist countries are beginning to appreciate the value of the main motive force of the capitalist economy: profits. "In Eastern Europe," said he, "profits are coming to be understood as a better measure of productivity." Almost as the President was speaking, his top economist, Gardner Ackley, was publicly faulting U.S. corporate profits. Indeed, much of the current nervousness in the stock market and most of the worry among businessmen stem from fear that whatever the Administration does to fight inflation-through taxes, credit policy or controls...
...course will concentrate on two intensive case studies: theories of power in America, taught by Peretz, and theories of the capitalist economy taught by Levey. There will probably be a number of sections concentrating on different aspects of these two fields so that students will be able to sign up for a topic which interests them. The sections, Peretz said, should be preparation for a long theorotical paper which will be due at the end of the term...
...pages instead of the customary four, the Star has stooped to imitating many features of the capitalist press: a sprightlier makeup, more sports and television coverage, a woman's page, a medical column ("Slimming the Sensible Way"). Otherwise, the paper plays the same old tune. A big headline blares: "U.S. Troops Told 'Bring Your Own Prostitutes.' " An editorial assures everyone that the Star will champion People, Youth, Justice, as seen through Red eyes. And the paper continues to carry the familiar advertisements: "Men's watches from the U.S.S.R.," "New films from Vietnam," "Wines that please...
...office are shelves crammed with books on banking and credit. On the other side, a hatstand holds a clerical collar. Working comfortably in an open-necked white shirt, Lender-Missionary Father Daniel McClellan, 50, explains to visitors: "The French have their worker priests. Well, I am a capitalist priest...
...loan request to the Inter-American Development Bank to set up a cooperative bank among his credit unions. Such cares tend to affect a man's point of view. To a friend who recently saw him checking into Lima's Gran Hotel Bolivar, the capitalist priest explained that he "had to get away from the brothers. Those guys were keeping me awake all night arguing theology...