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...Western culture” is perhaps the greatest marketing success story in history. In India, working for an American company serves as a source of pride. American designers—the so-called “high-end brands”— flood the malls, and some Indian retailers advertise items as “export quality,” a label that marks clothing deemed suitable for only the most fashion-savvy...

Author: By Ashin D. Shah | Title: The Allure of Western Culture | 7/29/2009 | See Source »

...would generate some tax revenue - though far less than the $1 trillion-plus over 10 years that could be generated by eliminating the tax-benefit break entirely - and possibly help "bend the curve" (to borrow the wonky slogan du jour) of rising health-care costs. The theory is that high-end insurance that covers everything at little or no cost to consumers discourages those people from shopping around for less expensive care and encourages wasteful overuse of the health-care system...

Author: /time Magazine | Title: Taxing Pricey Insurance: No Health-Care Cure | 7/28/2009 | See Source »

...organ market is largely made up of impoverished and desperate sellers, wealthy, ailing customers and predatory middlemen. Most sales take place in developing countries, where a kidney can often be purchased for the price of a high-end TV. In Iran - the only country in the world where organ sales are legal - a healthy kidney retails for about $6,000. The going rate is less than half that amount in India, which has an abundance of doctors capable of performing the procedure and destitute masses often unable to raise cash any other way. In January 2008, police busted an organ...

Author: /time Magazine | Title: How Does Kidney-Trafficking Work? | 7/27/2009 | See Source »

...Similar efforts are being made across the island. In Kaohsiung, the government in 2008 opened a software park to spur tech start-ups alongside the city's traditional export factories. Nationally, Ma's administration has targeted six "flagship" industries for investment and development: biotech, health care, high-end agriculture, tourism, green energy, and creative and cultural businesses such as traditional arts and pop music. The government intends to support these sectors by providing financing, improving the capabilities of state research institutes and other measures. "We are keenly aware these industries in five to 10 years will be the major industries...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...profits of Babies "R" Us, the country's dominant big-box baby retailer? According to a federal judge, it appears that could be the case. On July 15, the U.S. District Court in Philadelphia granted class-action status to a complaint that Babies "R" Us coerced manufacturers of high-end strollers, car seats, high chairs, strap carriers and breast pumps into preventing Internet retailers from discounting their products...

Author: /time Magazine | Title: Did Babies "R" Us Gouge Mommy and Daddy? | 7/21/2009 | See Source »

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