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...having survived wars, slumps and excessive booms, capitalism stands to surmount the current crises. Writes Left-of-Center Economist Robert Heilbroner, one of capitalism's most fervent critics and an advocate of central economic planning: "History has shown capitalism to be an extraordinarily resilient, persisting and tenacious system, perhaps because its driving force is dispersed among so much of its population rather than concentrated solely in a governing elite." After predicting its imminent collapse for well over a century, even capitalism's critics recognize the staying power of its ideas...

Author: /time Magazine | Title: Business: Revolution of Self-Love | 4/21/1980 | See Source »

...tension bursts over curtain calls. Pavarotti takes a disputed solo bow, so Scotto refuses to take her final bow. As the loudspeaker calls her repeatedly to the stage, she sits in her dressing room, ignoring Mansouri's just praise and his fervent pleas. There will...

Author: /time Magazine | Title: Television: Backstage | 4/14/1980 | See Source »

...such a bid, and finally did so only after his party loyalty was criticized by Reagan. But if Anderson is thwarted by the G.O.P., he could once again be tempted by the notion of an independent candidacy. Says a White House aide: "He's one of those terribly fervent believers. He's got the mission...

Author: /time Magazine | Title: Nation: J.B.A., J.B.A., J.B.A.! | 3/31/1980 | See Source »

Despite all the recent achievements, the growing excitement and the favorable early test results, the verdict is not yet in on interferon. Even IF's most fervent advocates warn against prematurely raising the hopes of cancer victims and their families. They appraise IF's prospects in the subjunctive, peppering their comments with "if" and "would" and "could." Were interferon finally to prove an effective cancer drug, there would still be a long way to go. At least a few?and possibly quite a few?years will pass before it becomes widely available. "In terms of research," says Dr. Ernest Borden...

Author: /time Magazine | Title: The Big IF in Cancer | 3/31/1980 | See Source »

...breathe new life into the supply side" and that Government should "retool the American economy." When Kennedy is preaching to the converted, he sounds fiery and persuasive; when he encounters a skeptical middle-class audience, his voice goes flat and he often seems to lose interest. Kennedy's fervent defense of Government programs such as nutrition for the elderly and low-income housing please those directly affected, but they also confirm his image as a big spender. Alone among all major candidates, Kennedy denounces the resolve to have a balanced budget as the pursuit of a "myth...

Author: /time Magazine | Title: Nation: Kennedy's One-Note Message | 3/24/1980 | See Source »

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