Word: establishmentism
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Having vanquished Venezuela's political establishment, Chávez has set his sights on bigger targets. Exploiting the fact that the U.S. gets about 15% of its foreign oil from Venezuela, he pushed the Organization of Petroleum Exporting Countries, of which Venezuela is a founding member, to pump up crude prices...
The creekside cafes of Darband, at the foot of Tehran's Alborz Mountains, are designed for lounging with waterpipes and tea and holding leisurely conversations about politics. Six months ago, you'd hear President Mahmoud Ahmadinejad's name in discussions all around you almost as soon as you sat down...
As you might imagine, none of that sits particularly well with the G.O.P. establishment back home. "To say that Lindsey Graham has been a disappointment to the conservatives who were the heart and soul of his campaign would be an understatement," Republican political consultant Jeffrey Sewell wrote last week in...
But as abstract as it may sound, Ahmadinejad and the Islamic Republic need the Twelfth Imam. Iran's system of absolute rule by the clergy is vested in the Mahdi's disappearance, for in his absence the ayatullahs function as his deputies on earth. The legitimacy of the Islamic system...
DEALMAKING IS BACK, at least in the $140 billion global luxury business. New money and new faces are changing the playing field. Private-equity firms are shopping for brands. Outsiders like Diesel's CEO Renzo Rosso and BCBG's Max Azria are shaking up the Establishment. Professional managers are reconfiguring...