Word: free-market
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...estimated $646 billion a year in sales. (The magazine industry, including TIME Inc., which publishes TIME, makes frequent use of direct mail.) "Mail works," says Don McKenzie, CEO of Direct Group, a direct-marketing company. "It's one of the best advertising methods out there." Which means that free-market solutions are likely to remain your best ally in combatting mailbox mess...
...Marchionne, Merkel and Sarkozy are part of a generation of Europeans who have long advocated the weaning of business from government aid as a way of fostering competition and improving companies, in accordance with the free-market model of the U.S. But now the financial twister spiraling from Wall Street across the Atlantic has overturned things, with Europe trying to keep up with gargantuan state intervention by Washington, first in the banking and insurance sectors and now in the automobile industry...
...Then in the 1980s, as corporate America struggled to compete with a rising Japan, a chorus arose from some economists and business leaders that the U.S. had to ditch its free-market ways for Asia's "state-led" capitalist system. What America needed was to copy aspects of the bureaucracy-managed economy - like its policy of providing state support to favored industries - that seemed such a stunning success in Japan. The American government "can no longer afford not to give more positive guidance" to the economy, wrote Asia expert Ezra Vogel in his 1979 book Japan as Number...
...leaders seem to agree with him already - at least in principle. From the Europeans, one hears the expected vague, warm rumblings of cooperation. British Prime Minister Gordon Brown has called for strengthening structures like the International Monetary Fund and the Financial Stability Forum that support the international free-market system, boosting transparency, integration and accountability. French President Nicolas Sarkozy likewise talks of defending and strengthening the system to ensure that another market free fall doesn't happen again...
...less than two months to go as President, Bush faces few opportunities to change history's judgment of him, including his policies of lax regulation that helped create the crisis with which the world is now struggling. Painting a picture of himself rallying the world to the defense of free-market capitalism is a natural response to his diminished stature, and the G-20 summit is one of his last moments to gain attention on the global stage...