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...Greek shipowners today possess the world's largest merchant fleet -3,065 ships totaling almost 25 million tons. As a group, they are the biggest spenders in the world's shipyards. More than 200 vessels, including 43 supertankers, are on order or being built for Greek owners. The Greeks set up shop wherever they can do business, in London, Manhattan, Lausanne or Beirut. They fly the most convenient flag -Liberian, Panamanian, Cypriot-but they remain Greek wherever they go. Their enterprise has been a major force in lifting the postwar economies of shipbuilding nations. In British shipyards alone...

Author: /time Magazine | Title: Shipping: The Other Greeks | 8/15/1969 | See Source »

Cottage Industry. The Guccis-Aldo and two brothers-trace their family's merchant tradition in Florence to 1410. For the past six decades, members of the clan have prospered by selling expensive handcrafted leather goods. In the past year they have begun producing dresses and men's pants in a fabric made of linen and synthetics, and monogrammed with tiny Gs; it matches the material of. a new line of suitcases...

Author: /time Magazine | Title: Retailing: Gucci on the Go | 7/25/1969 | See Source »

...Chinese and Indian prosperity. Perhaps the Alliance's greatest failing was that it served to benefit primarily those at the top. It was not unheard of for a government official to discover a new car in his garage, its donor a mystery until a Chinese towkay (rich merchant) mentioned it offhandedly-and then perhaps asked for a favor. For a Chinese or Indian who was not well-off, or for a Malay who was not well-connected, there was little largesse in the system. Even for those who were favored, hard feelings persisted. One towkay recently told a Malay...

Author: /time Magazine | Title: Malaysia: Preparing for a Pogrom | 7/18/1969 | See Source »

...survival," says Francis Quintana, a local school principal. Another explanation is that local entrepreneurs fear the hippies will hurt Taos' largest industry, tourism. "Tourists don't want to come and share the venereal disease and hepatitis with us," said Mrs. Beverly Gonzales, wife of a Taos merchant...

Author: /time Magazine | Title: Hippies: Paradise Rocked | 6/20/1969 | See Source »

Marx's exaggeration-or simplification-is often especially appealing to university students in the advanced countries, who are cruelly confronted with the modern problem of "identity." Never was a society so opaque to its young. Unlike the peasant's son, or even the merchant's son, today's young may be unable to grasp precisely what their fathers do. What is it like to be a corporation executive, an advertising copywriter, a designer of computers...

Author: /time Magazine | Title: Essay: MARXISM: THE PERSISTENT VISION | 6/13/1969 | See Source »

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