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...site for huge potential oil reserves, Alaska's North Slope has long been a battleground between environmentalists and energy companies. Interior Secretary Donald Hodel renewed the debate last week by proposing that a section of the Arctic National Wildlife Refuge be opened to drilling. He would permit exploration on 1.5 million acres of the 19-million-acre preserve, which could contain between 600 million and 9 billion bbl. of crude. Conservationists contend that drilling would disturb the region's delicate ecosystem for little reason: a strike, they claim, would add just 4% to U.S. oil reserves. Canada also objects...

Author: /time Magazine | Title: Alaska: A New Bid For Oil | 5/4/1987 | See Source »

Roll over, Karl Marx. Wake up, Friedrich Engels. Nearly 150 years after The Communist Manifesto and 70 years after the Russian Revolution, free enterprise is coming back to the Soviet Union. Businesses ranging from mom-and-pop shoe repair to interior decoration are being legalized under a new "individual labor" law that takes effect this Friday -- which happens, ironically, to be the international socialist holiday May Day. The measure makes it possible for the first time since Lenin's New Economic Policy (NEP) of the 1920s for individuals to make money legally according to a decidedly un-Marxist principle: from...

Author: /time Magazine | Title: Soviet Union Inching Down the Capitalist Road | 5/4/1987 | See Source »

Many Soviet moonlighters, though, have no intention of telling the state about their private businesses. Said one man who runs an interior decorating operation out of his apartment: "This law is for old ladies who knit socks, not for people doing real jobs. We don't plan to register." Complained an elderly woman who sells crocheted lampshades: "The inspectors will be poking around all the time. It will be a nightmare." Some entrepreneurs suffer an even worse nightmare. "Look at all the people who got rich during NEP," said a young artisan who makes and sells earrings. "A few years...

Author: /time Magazine | Title: Soviet Union Inching Down the Capitalist Road | 5/4/1987 | See Source »

...WOULD APPEAR THAT THE DAYS OF independent moviehouses have come to an end in the Cambridge area. In the past year, USA Cinemas bought both the Harvard Square and the Janus Theaters, turning each into first-run venues, complete with ornate, plastic interior design and overpriced Swiss chocolate. The Orson Welles burnt to the ground last spring and will not re-open. Only the Brattle Theater--re-emerging after bankruptcy forced the previous owners to sell the building--and the Somerville Theater remain as repertory options to the usually drab first-run fare offered by the USA cinema empire...

Author: By Joseph D. Penachio, | Title: Advancing the Rear | 4/30/1987 | See Source »

...relationships and jobs until deciding to become a writer, throughout the book struggling to reconcile what Radcliffe taught her and what it did not. And the last character, the neurotic, rich, tennis star-femme fatale, ran a rubber hose from her car's exhaust pipe to its interior and left the engine running...

Author: By Kristin A. Goss, | Title: The Edge of the Cliffe: | 4/29/1987 | See Source »

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