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...handshake. Though the Germans rarely strike (only 34 strikes all last year), the French have a way of striking at any time without warning; wildcat walkouts are especially prevalent in Britain, where the courts have little power to intervene. U.S. businessmen are often taken aback by the anti-capitalist polemics, greater militance and puzzling multiplicity of the labor unions. The British have 190 unions, and a company such as Ford must negotiate with more than 20 on each contract go-round. In France three welders working side by side may belong to three different unions...

Author: /time Magazine | Title: Western Europe: Labor Omnia Vincit | 6/4/1965 | See Source »

...Sartre easily fits the existentialist-Marxist pattern of deep ambivalence to authority, if the childhood he describes in The Words is any indication. But before he became a Marxist he had already expressed, in his novels, plays, and essays, an important existentialist philosophy. When he became disillusioned with Western capitalist society, instead of abandonning existentialism he tried to bring it along with him. As Walter Odajnyk describes it in Marxism and Existentialism...

Author: By Michael Lerner, | Title: Jean-Paul Sartre and the New Radicals | 6/2/1965 | See Source »

...sphere of influence. But they are found to be articulate pleaders for diplomatic and economic intervention by the U.S. insofar as recognition of and trade with Red China are concerned-the wave of the Communist future to be ensured inevitably with aid from the wave of the capitalist past...

Author: /time Magazine | Title: Letters: May 28, 1965 | 5/28/1965 | See Source »

Many Western businessmen think that trade can be expanded substantially, view the vastness stretching from the Brandenburg Gate to the China Sea as one of the world's greatest underdeveloped markets. Russia is by far the East's biggest customer for capitalist enterprise, buying close to $2 billion worth of goods from the West yearly. Red China is second with $900 million worth of purchases, followed by Poland, Czechoslovakia and East Germany. The greatest seller is West Germany, whose Eastern exports last year jumped 20% to $656 million. Second and third among traders with Communist nations: Britain...

Author: /time Magazine | Title: Iron Curtain: Drumming Up Trade | 5/28/1965 | See Source »

Declines & Disappointments. The Communists try to swap their raw commodities for sophisticated capitalist technology, but recently they have been forced by crop failures to import fewer Western machines and more Western food. For both Russia and Communist China the biggest import from the West is grain. China now takes more than 50% of Australia's wheat exports and 10% of Canada's; last week it agreed to buy about another $100 million worth of grain from Canada. Most of the U.S.'s $340 million worth of exports to the East last year was in the form...

Author: /time Magazine | Title: Iron Curtain: Drumming Up Trade | 5/28/1965 | See Source »

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