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Brazil is the only purely capitalistic country in the world. The wealthiest five percent of the population can shoot striking workers at will, fix prices, monopolize, cartelize and avoid paying taxes, reported an exiled Brazilian congressman...

Author: NO WRITER ATTRIBUTED | Title: Pure Capitalism Turns Brazil Into Haven for Technocrats | 3/20/1972 | See Source »

...base steadily eroded by a flight of relatively well-off whites and an influx of low-income blacks, who now constitute 70% of its 68,000 population. The city is desperately short of policemen, firemen, sanitation workers, teachers and public housing. "We are even begging for paint to fix up our high school," says Mayor James E. Williams. In order to pay its bills, the city began selling as many bonds as Illinois law permits. When that proved insufficient, it resorted to an annual charade. The city would borrow from banks to meet its payroll, then, by prearrangement, would fail...

Author: /time Magazine | Title: MONEY: Empty Pockets on a Trillion Dollars a Year | 3/13/1972 | See Source »

...locals cannot afford to fix the dike, and so far they have been unable to get state or federal aid. Finally, in exasperation at bureaucracy, Jack Zuelke, the owner of a Three Forks inn with six feet of water in its basement, dispatched a telegram to the Soviet embassy in Washington: "The people of the Three Forks area, having been ignored by all state and federal agencies, do hereby appeal to the people and government of the U.S.S.R. for foreign aid to alleviate present flood conditions...

Author: /time Magazine | Title: The Nation: Nyet | 3/6/1972 | See Source »

Imagine Don Quixote with a sheaf of body counts on all those windmills. Then reflect on the degree of rage generated the last time your wife or children used up all the hot water and left you aching for a bath. Triangulate, and you begin to get a fix on the plight of the U.S.S. Vance under her commander Marcus Aurelius Arnheiter, U.S.N...

Author: /time Magazine | Title: Books: Oh Captain, My Captain | 3/6/1972 | See Source »

...produced anything readable in thirteen years. We just don't have writers anymore who can lead public lives and still recall those ancient sages who, when an enemy took the town, walked out of the gate empty handed, without a care for the morrow, (The Hype Machine could fix their wagon...

Author: By Sim Johnston, | Title: The American Hype Machine | 3/6/1972 | See Source »

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