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...pension funds held $17 billion. Today they are a $1 trillion treasure trove. By 1995 the total is expected to reach $3 trillion. Through these funds, some 60 million Americans own about 30% of all the equity capital in U.S. corporations. That makes a mockery of Karl Marx's prediction that capitalism would end in revolution as fewer and fewer people owned the means of production...

Author: /time Magazine | Title: The Billion-Dollar Boys | 1/9/1984 | See Source »

Modern Times by Paul Johnson. The crusty former editor of the New Statesman blames Einstein, Marx and no-fault liberalism for the evils of the "me" century...

Author: /time Magazine | Title: Fiction: THE BEST OF 1983: Books | 1/2/1984 | See Source »

...Jiwei, director of People's Daily, was forced to resign, and Wang Ruoshui, one of the paper's three deputy editors in chief, was dismissed. Their apparent crime: printing a scholarly article eight months ago that dared to suggest that "alienation," a term reserved by Karl Marx for decadent capitalism, might actually be applicable to Chinese socialism as well...

Author: /time Magazine | Title: China: Battling Spiritual Pollution | 11/28/1983 | See Source »

...religious leaders have been reassayed: St. Paul (1960), the Buddha (1964) and Martin Luther in 1967 and again last month in international editions. (Jesus Christ and the Virgin Mary are our most frequent historical cover figures, but they have not been specifically the subjects of the accompanying stories.) Karl Marx was reassessed in 1948, Vladimir Lenin in 1964 and their ideological opposites Adam Smith, in 1975, and John Maynard Keynes, in 1965. In the arts, William Shakespeare (1960) and Johann Sebastian Bach (1968) have been so treated; in science, Sigmund Freud (1956) and Albert Einstein...

Author: /time Magazine | Title: A Letter From The Publisher: Nov. 14, 1983 | 11/14/1983 | See Source »

...nightclub with an impromptu striptease. He attracts more than the routine attention of the state security police (HOGPo) as well as of most of the women he encounters, from the nymphomaniac wife of a British diplomat to a "magical realist" Slakan novelist who seduces him in a shower, quoting Marx and Freud all the while. "Do you think it is possible to make a dialectical synthesis?" the novelist says. "If we do it well, it might not produce a false consciousness...

Author: /time Magazine | Title: Books: High Currency | 11/14/1983 | See Source »

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