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Word: expropriationism (lookup in dictionary) (lookup stats)
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Senator Charles Percy noted during the hearings that corporations have an obligation to protect their assets and the interests of their shareholders. But, he said, such protection must not improperly involve the corporation in the internal affairs of the host country or contradict U.S. foreign policy. In Chile, most of...

Author: /time Magazine | Title: The Nation: The Worse Things Get, the Better | 4/9/1973 | See Source »

BUT SUPPOSE the plan were adopted in this form in the United States -- factories in the country, run on part-time jobs, and interdependent with the local community: Could it not be made to serve as a precedent or model for a similar type of arrangement in the underdeveloped world...

Author: By Luke Smith, | Title: A Plan for Factories in the Country Run, on Part-time Jobs | 1/16/1973 | See Source »

THE threat of expropriation is a sword of Damocles constantly dangling over U.S.-based multinational companies operating in less developed countries. It is a peculiarly frustrating danger, since it has been pretty much accepted that a company that actually is expropriated can do very little about it. It can negotiate...

Author: /time Magazine | Title: METALS: Blockading Chile's Copper | 11/6/1972 | See Source »

Chile already has protested, claiming that the French courts lack jurisdiction. Kennecott argues that its property was in effect confiscated and that it has a right to recover its losses, which it figures at about $180 million. The company obviously hopes either to collect enough from foreign buyers of Chilean...

Author: /time Magazine | Title: METALS: Blockading Chile's Copper | 11/6/1972 | See Source »

The regime kept its complaints more or less to itself, but Cleaver did not. When the Algerian government showed no intention of letting the Panthers get their hands on the Delta ransom, Cleaver dashed off an open letter to President Boumedienne. "We must have the money," he told his host...

Author: /time Magazine | Title: ALGERIA: Panthers on Ice | 9/4/1972 | See Source »

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