Word: marketization
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...father's bankruptcy as a small child prompted Matsushita to develop new values of how an enterprise ought to be run. Like Sam Walton, he paid attention to the consumer and sought ways to increase demand and reduce prices. He forced the competition to embrace this concept, making the market grow while creating more profit. He also showed that human well-being and making money are not inconsistent. In downturns he found other jobs for redundant workers and preserved their dignity. This is the Japanese way, and he used it to build one of the largest corporations in the world...
Malcolm took charge in 1964 and found the go-go '60s a perfect platform for stories about swaggering entrepreneurs very much like himself. He put more emphasis on stock-market advice and edgy corporate pieces and used charm, guile and arm twisting to ratchet ad sales. He also promoted the hell out of his magazine, becoming the most influential Harley biker, hot-air balloonist and Faberge-egg collector...
When the 1980s and '90s turned into the age of personal investment--courtesy of the 401(k)--as well as celebrity capitalism--courtesy of Michael Milken's junk bonds and the bull market--MONEY was joined by a passel of rivals, including SmartMoney, Worth and Mutual Funds, each of which made the eternal promise of investment journalism--pssst, you can beat the market...
...with a business story is like a whore with a baby: it's a cute little thing, but what the hell to do with it? A business story's got no blood, no guts, no prime time. So business is left largely to expert talking heads. On cable, market-oriented business networks are surging like hot IPOs, but sometimes they give us information overload. The moment-to-moment changes in the major stock averages flash nervously on Bloomberg News; the stock tickers scroll rapidly on CNBC and CNNfn, citing the latest prices of individual shares; today's "stocks to watch...
...democratization of data. The Microsoft Network and many others give us--almost free!--information that was once limited to high rollers, everything from where to get the best deals in credit cards, mortgages and bank loans to often valuable advice from professionals on long-term market strategy. So consider how far we have come: a century ago, the messengers of Messrs. Dow and Jones hustled tips to a few fat cats on the Street. Now the Net brings a plethora of business information to one and all. And that can only be called progress...