Word: marketized
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...Dairy farmers say they have yet to feel the effects of the E.U.'s market intervention. They have called on the E.U. to immediately abandon its plans to scrap the milk quotas and implement new, more stringent production curbs to make milk scarcer and thus more expensive. (See pictures of urban goat-breeding...
...read like an Op-Ed dashed off by a summer intern. It is a thoughtful and quite radical analysis of how globalization and the financial crisis have changed the landscape in which Japan and the U.S. find themselves. Hatoyama said that Japan had been "buffeted by the winds of market fundamentalism in a U.S.-led movement that is usually called globalization," and criticized a "way of thinking based on the idea that American-style free-market economics represents a universal and ideal economic order." "The influence of the U.S. is declining," Hatoyama wrote, in a "new era of multipolarity...
...time of the American Revolution, Manchester, in northwestern England, was a market town of about 30,000 people in the shadow of the Pennines, in whose pretty valleys workers spun and wove textiles in their homes. When Friedrich Engels arrived from Germany to work at the mill of his family's company in 1842, the local textile industry had shifted from cottages to giant mills, and its products were sourced and exported around the world. The population of Manchester had exploded tenfold and Pennine hamlets had become towns in their own right. There were other cities, in England and elsewhere...
...welfarist; they are slowly but purposefully appropriating even the cultural issues of the left, like gay rights and feminism. Why should voters shop on the left if they can get what they want from the likes of Cameron or Merkel? When did you last hear of radical pro-market reforms from Sarkozy and Berlusconi? (See pictures of Sarkozy...
...deep, and those against a government-sponsored plan shout loudest. People who do want to expand coverage and cut costs—and quite possibly truly want to help their fellow citizens—are still hesitant to support the expansion of Washington’s influence in the market. In many ways, the invisible hand is strangling the Democratic Party. A big part of the president’s speech aimed to convince insured Democrats with market-friendly perspectives that a government-run public option could work, while also convincing progressives that although the letter of reform may change...