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...Beyond finding new markets and developing new products, companies sometimes can benefit by providing the poor with heavily discounted access to products. Industries like software and pharmaceuticals, for example, have very low production costs, so you can come out ahead by selling your product for a bigger profit in rich markets and for a smaller profit, or at cost, in poor ones. Businesses in other industries can't do this tiered pricing, but they can benefit from the public recognition and enhanced reputation that come from serving those who can't pay. The companies involved in the (RED) campaign draw...

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

...threatened urban landmarks (a very topical preoccupation). "The movie is a way to gently vent my protest," To says. Among other directors, Sylvia Chang's accomplished triad-cum-family drama Run Papa Run, released in April, covers decades of Hong Kong's social transformation, while Ann Hui's low-key new release The Way We Are offers a compelling grass-roots community portrait...

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

...While some filmmakers are lucky enough to secure funding from elsewhere - Yu Lik-wai's Venice competition entry Plastic City has partners in Hong Kong, Brazil, Japan, France and China - the choice facing most directors is stark. "You either do very low-budget films for the local market, or some side markets like Southeast Asia, or you do really huge, huge-budget films as a co-production with China," says Lau. Medium-sized productions are few, meaning that up-and-coming directors are finding it hard to make the transition to mainstream features. Occasionally, established filmmakers will nurture prot...

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

...later, Senator Bob Dole asked voters to "rise up" against media that were trying to "steal this election." Complaining about the liberal media is a signature of losing Republican campaigns. It doesn't work because whining doesn't look presidential and because annoying the media tends to be pretty low on voters' to-do lists...

Author: /time Magazine | Title: Crushing on Obama | 7/31/2008 | See Source »

Consumer confidence is at an all-time low, and many Americans are struggling to avert foreclosure as they fork over $4 a gallon for gasoline. That's why the U.S. economy has grabbed center stage this campaign season. The ultimate test: How would the candidates put more money in your pocket while dealing with a record estimated budget deficit of $482 billion? Here's where the candidates stand on four key issues: [This article contains a table. Please see hardcopy of magazine.]   DEMOCRAT REPUBLICAN   Barack Obama John McCain   'The core of our economic success is ... each American...

Author: /time Magazine | Title: A Voter's Guide to the Economy | 7/31/2008 | See Source »

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