Word: feudal
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Dates: during 1950-1959
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...countries in the course of which he interviewed 96 top government officials, economists and businessmen. His report, bolstered by additional material from TIME'S European and U.S. bureaus, brought into focus a new American-type capitalism that around the world is replacing the old system of cartels and feudal wealth. The Tokyo bureau added the story of Japan's striking progress, while the Hong Kong bureau analyzed the trials, tribulations and triumphs of Southeast Asia. As other reports poured in from Latin America, Africa, the Middle East, and TIME'S domestic bureaus, they added...
Kush & Pushtu. Only 70 jet min. away, beyond the crumbled desert hills of Pakistan's northwest frontier, past the snow-covered valleys that nestle in the Hindu Kush where Alexander and his Macedonians trod, lay Kabul and the feudal kingdom of Afghanistan (pop. 13 million). The Afghans, bordered by both the Soviet Union and Red China, are uncommitted in the cold war and wooed with aid from both the Soviets and the U.S. Even as Ike's plane winged over the mountains, an Afghan squadron of Russian-made MIGs took off to escort him toward Kabul...
Lord Ever Just. Their feudal rule was especially intricate in Ruanda. At the center stood the great Mwami (king), the absolute Lord Ever Just and descendant of Envoys from Heaven. He ruled through a council of wisemen and a college of Biru (jurists), who were the Keepers of the Fire and of the Royal Drum, the symbol of power...
Sugar-Coating. How much all this would benefit the majority of Ethiopians was open to question. The nation's most pressing need is land reform. But the Ethiopian Orthodox Church owns 40% of all land, and feudal landlords the rest, and the Emperor is helpless to take on either group...
...years ago. But outside Addis Ababa, 90% of Ethiopia's people are illiterate farmers, some of whom still live in a barter economy where 2 Ibs. of hand-picked wild coffee will fetch one fingernail's worth of nail polish. As a result of these feudal economics, 180 million acres of the world's richest farm land lie fallow in Ethiopia, despite periodic famines and a growing trade deficit. Foreign aid at best merely sugarcoats Ethiopia's deep-seated economic woes...