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...Visiting CEOs' banquet-table chatter is now dominated by swapping tales of arrogant and insolent Chinese bureaucrats and business partners. The litany includes purposefully inconsistent and nontransparent enforcement of regulations, rampant intellectual-property theft, state penetration of multinationals through union and Communist Party organizations, blatant market impediments through rigged product standards and testing, politicized courts and agencies that almost always favor local companies, creative and selective enforcement of WTO requirements ... The list goes on. (See "Google Earth Adds Historical Photos...

Author: /time Magazine | Title: The China Fix | 2/1/2010 | See Source »

...believes the stimulus bill was nothing but a "slush fund." But she is also offended by Republicans and says she will work for Republican challenger J.D. Hayworth against incumbent Senator John McCain, who she says has been unresponsive to the "illegal immigration [that] is destroying the job market." (See pictures of last year's Tea Party protests...

Author: /time Magazine | Title: On Scene: With the Tea Party Patriots of Scottsdale | 1/31/2010 | See Source »

...Defend Liberty, Defeat Tyranny." But she is not a drive-by supporter. Marques, 34, is the president of the Scottsdale group and has been a devout conservative since discovering Rush Limbaugh while growing up on the Hawaiian island of Maui. She says, "We want limited government, fiscal responsibility, free-market principles and transparency. We are tired of government taking over our freedom." Marques, who attended the huge September 2009 Tea Party rally in Washington, believes that Obama's oratory and agenda will push the nation closer to socialism. A physician's assistant, she says, "We can use the market...

Author: /time Magazine | Title: On Scene: With the Tea Party Patriots of Scottsdale | 1/31/2010 | See Source »

What exactly have we been fetishizing? Basically, market activity and growth. The GDP, generally expressed as a per-capita figure and often adjusted to reflect purchasing power, represents the market value of good and services produced within a nation's boundaries. Sounds reasonable. Until we consider what it doesn't measure: the general progress in health and education, the condition of public infrastructure, fuel efficiency, community and leisure...

Author: /time Magazine | Title: Is GDP An Obsolete Measure of Progress? | 1/30/2010 | See Source »

...Speth, particularly at a time when environment sustainability is on many people's minds. He observes: "You tend to get what you measure, so we'd better measure what we want." In other words, to a certain extent we are what we count. (See pictures of the stock market crash...

Author: /time Magazine | Title: Is GDP An Obsolete Measure of Progress? | 1/30/2010 | See Source »

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