Word: free-market
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...like a vicious geography lesson. The euphoria that had attended the fall of the Berlin Wall, the disintegration of communism and the end of the cold war had some seers announcing that amid instant global communications, the ''end of history'' had arrived in the triumph of free-market democracy. But the brilliant moment faded, and left a sinister aftermath. The shadow was evident last week in Russia, where the followers of the fascistically minded Vladimir Zhirinovsky unexpectedly won 23% of the popular vote in the recent parliamentary elections and became an ominous new power. Zhirinovsky's ascent looked disturbingly similar...
...Free-market hardliners argue that by admitting guest workers, Australia would take the pressure off Pacific leaders to reform their economies and improve their governance. Certainly, Australia's development (and security) ideal must be to help create stable and self-sustaining neighbors. To this end, Howard has announced that Australia will fund a regional technical college. Still, labor mobility remains on the Forum's formal agenda. Despite the myriad objections, a country of 10 million workers can afford at least to test a scheme for a few thousand temporary foreign workers, incorporating lessons from other Western countries...
...Lech in an interview with Time before the parliamentary vote), look set to dominate Polish politics for the next five years. The Kaczynskis' appeal is due in large part to their promises to maintain social programs threatened by their rivals in the Civic Platform party. Civic Platform advocated radical free-market reforms to slash the budget deficit and jump-start the economy, but voters shied away from these in favor of the Law and Justice Party's more socially oriented approach. Before the vote, the now President-elect told Time he opposed privatization of industries he considered vital to "Polish...
...abyss depends on how Assad handles the pressure on his government, both inside and outside the country's borders. Since coming to power, Assad, 40, has sought to cast himself as a reformer by allowing a degree of political openness and putting economic policy in the hands of free-market technocrats. "The President wants an open, prosperous, stable Syria that is fully integrated in the global economy," says Deputy Prime Minister Abdullah Dardari. But observers of the regime say Assad has been unable--or unwilling--to curb the excesses of the country's security apparatus. Though he has gradually replaced...
...decent lifestyle independent of the nature of the actual work being done, and independent of the compensation that the labor market demands.” Yes, that is the very point of a living wage. People without marketable skills deserve to have decent lifestyles, even if the free market would compensate them at a wage rate that could not support them. Either you believe that the free market always leads to fair wages, or you believe that free-market wages are sometimes unfair. If you agree with the former statement, then you should not claim to support the current wage...