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...vaccines never get made. In these cases, governments and nonprofits can create the incentives. This is the second way in which creative capitalism can take wing. Incentives can be as straightforward as giving public praise to the companies that are doing work that serves the poor. This summer, a Dutch nonprofit called the Access to Medicine Foundation started publishing a report card that shows which pharmaceutical companies are doing the most to make sure that medicines are made for - and reach - people in developing countries. When I talk to executives from pharmaceutical companies, they tell me that they want...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...other big complaint is about the contemporary art. Fumaroli wrote an indignant article about the biggest show to date, an exhibition earlier this summer of works by Belgian artist Jan Fabre that was held in galleries containing Dutch and Flemish masterpieces. Among the highlights: a gigantic earthworm wriggling on upended gravestones in the Rubens room. The show was part of a series designed to give visitors a new perspective on old works. "It's important to have polyphony around the collection," Loyrette says. But Fumaroli dismissed it as pantalonnades--pantomime...

Author: /time Magazine | Title: Sacre Bleu! It's the Louvre Inc. | 7/31/2008 | See Source »

...unique geopolitical experiment that has spread peace and prosperity across a continent that, within living memory, had little of either. And yet when asked to endorse its leaders' plans for the future of the Union, European voters have a habit of being ornery. The Irish followed where the Dutch and French led in 2005, rejecting in their own referendums the proposed European constitution. The Irish no, in other words, was one of those moments that showed the fault lines in Europe's union, between young and old, élites and ordinary folk, and - especially - between Brussels insiders and the citizens...

Author: /time Magazine | Title: EU: Vision Limited | 7/30/2008 | See Source »

...getting its message out. Lobbyists expressed chagrin that they spend their days concentrating so hard on wooing the E.U.'s élites that they forgot to tell Europe's citizens why Brussels' work was important. Younger staff and stagiaires - many of whom hadn't been around for the Dutch and French votes in 2005 - were indignant that Brussels' industry went unrecognized: "I see my boss, every day - you can't believe how hard she works!" says Cécile Astuguevieille, a French law student interning with a member of the European parliament. "National governments don't relay our work," agrees...

Author: /time Magazine | Title: EU: Vision Limited | 7/30/2008 | See Source »

Four-star general Walter (Dutch) Kerwin, who helped pioneer the U.S. military's historic shift to an all-volunteer force in the 1970s, had seen firsthand the problems that could plague a conscripted army fighting a modern war. Kerwin, who died at 91 on July 11, was the Army's personnel chief during the Vietnam War, grappling with draftees deserting, abusing drugs and even murdering unpopular commanders. With draftees' tours limited to 12 months, military units lost their vital cohesion. In order to help "bring this level of indiscipline down," as he told Congress at the time, Kerwin drafted plans...

Author: /time Magazine | Title: Walter Kerwin | 7/24/2008 | See Source »

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