Word: consensus
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...backlash can be felt in the rise of left-wing politicians vowing to temper market coldheartedness with old-fashioned protections for workers and the poor. Erstwhile radicals like Luiz Inacio Lula da Silva, 56, fiery head of Brazil's Workers Party, are running on rejection of "the Washington Consensus," as the capitalist reforms have come to be called...
...dollars in foreign investment. But they couldn't whip the plague of corrupt elites, absentee judicial systems and addiction to foreign capital that made Latin American capitalism as ripe for abuse and collapse as an Enron office suite. Says Stanford University Latin America scholar Terry Karl: "The Washington Consensus just further concentrated economic and political power in a region that already had the worst inequality in the world...
...consensus arose within the 13- member advisory committee, Hall said, and the faculty remain deeply split on this and other questions...
...Baldwin School, Knight was known for her consensus-building, her ability to listen, her clear decision-making and her knowledge about instruction, according to Superintendent of Schools Bobbie J. D’Alessandro...
...stocks are finally near the bottom, which is the emerging consensus, a lot of market truisms fall neatly into place. Sure enough, in the end bear markets leave no places to hide. "Safe" havens like Coca-Cola and Philip Morris crashed more than 20% as the Dow plunged in June and July. Sure enough too, the collective wisdom of the market understands recessions better than the economists. Last week's revised figures show the economy contracted in not just one but three quarters last year. That deep pullback helps explain why the market began tanking in 2000, when economists were...