Word: free-market
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...European political and intellectual circles, such talk would hardly turn heads. But those three men wagging their fingers at the free market were thought to have their capitalist bona fides as part of a generation of European business and government leaders who had pushed for reforming the welfare system and opening up the job market. Often in open ideological war against the entrenched interests of labor unions and leftist politicians, the likes of Sarkozy and Tremonti had long insisted that free-market reforms were the only way to create a more dynamic Europe in an increasingly competitive globalized economy...
...substantial aspect of human life, they must have a certain level of seriousness and importance, and they must be worthy of respect in a democratic society and not be in conflict with the fundamental rights of others. Along with climate change, "the political philosophies of socialism, Marxism, communism or free-market capitalism might qualify," Burton said in his ruling. But he noted that fringe beliefs - the belief in the supreme nature of Jedi knights, for example - would not qualify for protection. (See 10 questions for actor Ewan McGregor...
China's Triumph I enjoyed reading your cover story on "China's Moment" [Sept. 28]. It's easy to conclude that, in China, free-market principles have proved once again their superiority by looking at the speed and scale of the country's development once liberalizing reforms were made. It's also worth asking how much China's unique authoritarian politics contribute to its impressive and highly competitive economic efficiency. Could this growth model continue for the next 60 years? Timothy Yin, Shanghai...
...Critics, however, were quick to lambast the move as a brutal attack on worker's rights. They charge that Calderón targeted the electricity union for backing his political adversaries and protesting against his free-market policies, and accuse him of seeking only unions that are weak and loyal to the government. The deployment of thousands of riot police to inform his writ underscored such criticism. "The police and military assault on the electricity workers is a serious setback in the precarious democratic life of our country," wrote columnist Luis Hernández Navarro in the daily La Jornada...
...overseas agreed that the panic had to be stopped at any cost. And it was, through a bailout that placed trillions of taxpayer dollars at risk. It was expensive, messy and unfair. It struck many people as un-American. But it worked. "I've abandoned free-market principles to save the free-market system" is how President George W. Bush described it last December...