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...World Is Getting Better It might seem strange to talk about creative capitalism when we're paying more than $4 for a gallon of gas and people are having trouble paying their mortgages. There's no doubt that today's economic troubles are real; people feel them deeply, and they deserve immediate attention. Creative capitalism isn't an answer to the relatively short-term ups and downs of the economic cycle. It's a response to the longer-term fact that too many people are missing out on a historic, century-long improvement in the quality of life. In many...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...very real crisis. Try raising a 6-month-old baby when your water has been cut off. Try coming back from your chemo appointment to find that your electricity isn't working. Try deciding whether to pay your rent this month to forestall eviction or fill your tank with gas so you don't get fired from your job. How dare we think of bailing out greedy people who bought McMansions they couldn't afford, when seniors and disabled people are losing basic necessities through no fault of their own? Marybeth Moore, HOLLYWOOD...

Author: /time Magazine | Title: Inbox | 7/31/2008 | See Source »

...never saw the original production of Hair, but I did catch the show a couple of years after its 1968 Broadway debut, when the touring company came to San Francisco. I was a student at Berkeley, and I would occasionally take a break from dodging tear gas in Sproul Plaza to usher for plays in the city. It was a good deal: students could spend half an hour helping fat cats find their way to their orchestra seats and, after the curtain went up, take any empty seat for free. Except that the night I saw Hair, the house...

Author: /time Magazine | Title: A New Dawn for Hair | 7/31/2008 | See Source »

...economic downturn has claimed another victim: Bennigan's Grill & Tavern, the 32-year-old chain of casual-dining fern bars. Amid sky-high gas and food prices and tightening consumer spending, the chain's Texas-based parent company declared bankruptcy July 29, saying it would shutter 150 eateries. While the franchise outlets remain open for now, Americans who want to peruse oversize menus for oversize portions of unremarkable food in unremarkable settings may soon have to check out Applebee's or Chili's. Or Ruby Tuesday or T.G.I. Friday's. Or the scores of other family-style restaurants serving deep...

Author: /time Magazine | Title: The Moment | 7/31/2008 | See Source »

...Arab woman investor has a long history. The Prophet Muhammad met his first wife, a wealthy Meccan trader, when she hired him to take caravans to Syria. When the Gulf's economy relied on pearls and fish, not gas and oil, absent men often left women in charge of their business affairs. Today, many Gulf women have lots of liquid assets, partly because of Muslim inheritance law. Shari'a dictates that a married woman's wealth is her own; spending on her household is her husband's responsibility...

Author: /time Magazine | Title: Middle East: Women's Money Talks | 7/30/2008 | See Source »

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