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Ironically, it's the notion of surprise. The market now values accelerating growth over consistent growth. Starting in the mid-1980s, investors became wary of U.S. industrial and cyclical companies like U.S. Steel and Phelps Dodge, which faced withering competition from abroad. At the same time though, U.S. household brands like Gillette and Nike held sway at home and won new markets abroad. No matter how tough the Japanese competed, you never wore Mitsubishi sneakers or shaved with Sumitomo blades. The top U.S. consumer brands showed consistent growth year after year...

Author: /time Magazine | Title: Surprising Growth | 2/15/1999 | See Source »

...possible to disagree with the Pope on articles of faith and still be a good Catholic." Such cafeteria Catholicism may not track logically. But it makes emotional and cultural sense, in the same way as Betty Rataj's twin assertions that "The Pope is rarely mentioned in our household, and rarely mentioned as part of our Catholicism" and "Being in his presence would be being in the presence of the most spiritual being that exists on earth. If he said, 'Hi, Betty,' I would burst into tears...

Author: /time Magazine | Title: A View From The Flock | 2/8/1999 | See Source »

...piece suit. Forget being street. He's Wall Street, he's Madison Avenue, he's le Champs Elysees. Donald Trump is at his side. It's Puffy's moment. His album No Way Out played on some familiar gangsta themes, but it's a smash hit. Puffy is a household name, a brand name. In fact his name comes up again and again, in gossip columns and other people's rap songs. He has transformed himself into a human sample. He is swallowed by the crowd...

Author: /time Magazine | Title: Music: Hip-Hop Nation | 2/8/1999 | See Source »

...voting for my whole family because they're busy working," she explained. "They told me whom to vote for." When votes were tallied, Lei Mingxiang, 54, the high school principal and a five-term incumbent, was the surprise loser, a victim of parents' wrath. Earlier, Lei had asked each household to fork over 100 renminbi ($12), partly to cover repair of the school building. "What can I do?" he sighs. "The government does not have enough money...

Author: /time Magazine | Title: Eyewitness: An Experiment in Voting, If Not Democracy | 2/1/1999 | See Source »

...half a century--in films, such as The Seventh Seal, Through a Glass Darkly and Persona, that define the age of anxiety. And though Bergman retired from film directing in 1983, he has continued to write for the screen, wrestling with his Lutheran God, facing up to his household demons, making them the stuff of astringent artistry...

Author: /time Magazine | Title: Cinema: Cries and Whispers | 1/25/1999 | See Source »

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