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...America that was threatening the interests of U.S. foreign multinationals in countries like Argentina, and a sort of counteroffensive was launched that involved bringing hundreds of Latin American students to study at the University of Chicago under Friedman and his colleagues. When the peaceful battle of ideas didn't defeat the left in Latin America, then you had a wave of military coups, often supported by the CIA, and many of these U.S.-trained Chicago boys, as they're called in Latin America, rose to prominent levels of governments - heads of the central bank or finance ministers - where the economic...

Author: /time Magazine | Title: Naomi Klein on 'Disaster Capitalism' | 9/27/2007 | See Source »

...race. This year the Supreme Court ruled that voluntary school-integration plans in Seattle and Louisville, Ky., violated the rights of students to be judged on individual merit even if the ruling means that many schools remain segregated by race and class. It was a sad decision, acknowledging the defeat of the ideals and aspirations of Little Rock and the 1954 Brown v. Board of Education decision that made segregation illegal. But it should also be hailed for acknowledging new realities: first, even as we celebrate what happened 50 years ago in the glory days of the civil rights movement...

Author: /time Magazine | Title: The Legacy of Little Rock | 9/20/2007 | See Source »

...they had been retaliated against for looking into the allegations, and that lawsuit would go on for three years. It was interlaced in the public's awareness with newspaper coverage of allegations of the mayor's marital infidelities. Kilpatrick has repeatedly denied the claims. As for last week's defeat in court, Kilpatrick says he will appeal, at any cost. Later this month, a judge will hear a related case involving a third former officer...

Author: /time Magazine | Title: Can Kwame Kilpatrick Grow Up? | 9/20/2007 | See Source »

...people have decided," Papandreou said in a concession speech six hours after initial polls predicted his defeat. "PASOK waged a strong fight but it didn't manage to win." Minutes later, a beaming Karamanlis, 51 and of noted political pedigree, arrived at the central election headquarters, claiming a victory he described as "a strong mandate for a new and more dynamic beginning," setting off a storm of celebrations that eclipsed weeks of grief - and anger - that swelled from a deadly spate of forest fires that killed 65 people and left much of the country ravaged...

Author: /time Magazine | Title: Greek PM Faces New Challenges | 9/18/2007 | See Source »

With Aso seen as damaged goods, a consensus rapidly formed around Fukuda, a safe if dull choice who wouldn't hurt the LDP, as Abe, who led the party to an historic electoral defeat at the end of July, so clearly had. "This is a self-preservation move for the party," says Carol Gluck, a professor of Japanese history at Columbia University. "This is seen in the party as a safer choice for regrouping the LDP." Even Fukuda himself seemed to recognize that he was parachuting into a caretaker role. "Our party faces an emergency," he told LDP members gathered...

Author: /time Magazine | Title: Japan: Forward Into the Past | 9/17/2007 | See Source »

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