Word: expropriationism
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No Hard Feelings. Many obstacles remain to the full resumption of Dutch-Indonesian trade because, as one Dutch businessman puts it, "You cannot pluck feathers from a frog." Yet the Dutch recognize Indonesia's great trade potential and seem determined to play as large a role in restoring trade...
A Mellowed Fervor. One priceless product of the economic boom is a new confidence on the part of both Mexicans and foreigners. Born of the 1910 revolution, Mexico's one-party regime has often frightened investors with land seizures, expropriation and talk of leftward drift. But time has mellowed...
The Christian Democrats and Socialists who dominate the coalition had still not resolved the differences that kept them split during the previous six-month center-left government. The Christian Democrats want to pull out all stops to check Italy's 6% inflation, with tight wage and credit controls. The...
Rather than give the government unlimited expropriation powers, the legislation scrupulously exempts the large, highly mechanized coastal sugar holdings and efficiently run highland livestock ranches that are vital to Peru's economy. Instead, it aims mainly at haciendas of 3,000 acres and up that do not pay their...
Friend of Fidel. Such is the discontent that feeds Allende's candidacy. A physician who turned to politics, Allende prescribes massive reform for Chile's ills: 1) a strict, centrally planned economy; 2) "authentic" land reform, meaning the expropriation of all large farms; and 3) nationalization of the...