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Usage:

...gripe of U.S. businessmen. They often grouse that Japan pours out its goods to world markets but bars much foreign merchandise through difficult import procedures and other technical barriers to trade. In Europe many countries remit the value-added tax, a form of sales tax, on goods that are exported???which can cut the prices of steel sold outside Europe by as much as 30%?while adding a VAT to imported merchandise...

Author: /time Magazine | Title: Business: Zeroing In on Dumping | 11/7/1977 | See Source »

...inevitable under the capitalist system, whose production invariably outruns the demand every ten years or so because the capitalist producers withhold the profits from the working population and the gradual accumulation of this mass of profit becomes, so to speak, 'frozen' at the end of each period?or is exported???whereas under the Socialist system every cent of 'profit' is returned to the workers, not only in the form of wages but in material and cultural construction. Thus in the Socialist state?in Soviet Russia?there is no frozen money, so that supply and demand are adjusted automatically...

Author: /time Magazine | Title: RUSSIA: Stalin On Everything | 7/14/1930 | See Source »

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