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...providing stability while fulfilling promises to his leftist supporters, the status of the African National Congress (ANC) party, once the continent's most respected organ of national liberation, has been irreversibly diminished by the infighting of the past few years. Under Nelson Mandela, the ANC peerlessly wielded its moral authority. But that trait also encouraged leaders to think they were above reproach, an attitude that found its fullest expression in Mbeki, who often acted as if he had no reason to explain himself and simply asked people to take his decisions on trust. That trust wilted, thanks to ANC scandals...

Author: /time Magazine | Title: The Moment: Johannesburg | 9/25/2008 | See Source »

...event that should be treated with the utmost respect and seriousness. For the depth of his understanding of the problems facing the post-9/11 world, Amis has very little to offer by way of solution. “Opposition to religion already occupies the high ground, intellectually and morally,” he says. “People of independent mind should now start to claim the spiritual high ground, too.” And in a similar vein: “Our moral advantage, still vast and obvious, is not a liability, and we should strengthen and expand...

Author: By Jillian J. Goodman, CRIMSON STAFF WRITER | Title: Amis's Hate Grounds 'Plane' | 9/25/2008 | See Source »

...concert never happened. Legend has it that a rival promoter, who had been trying to bring clean-cut British pop star Cliff Richard to Israel at the same time, warned the authorities that the mop-haired Beatles would exert a dangerous influence on Israeli youth. Mindful of preserving the moral purity of the next generation, Israel's leaders canceled the show under pressure from conservative members of the Knesset. When a hoard of unused tickets to the ill-fated Beatles' concert was found a few years ago, they become hotly pursued collectors' items for wistful Israelis of a certain...

Author: /time Magazine | Title: Beatlemania Hits Israel, Four Decades Late | 9/25/2008 | See Source »

...attractions of this Swedish model is that it reduces so-called "moral hazard" - effectively rewarding poor or reckless risk assessment - by forcing financial institutions that took the highest risks to pay towards their own rescue. And it allows the state to recoup the money that it expends to buy up the bad debt at the core of the problem...

Author: /time Magazine | Title: Sweden's Model Approach to Financial Disaster | 9/24/2008 | See Source »

Traditional favorite Moral Reasoning 22: “Justice” won gold again as the College’s most popular class, but the three most popular undergraduate courses all registered drops in enrollment. The number of students taking “Justice” fell from 1,115 last fall to 858 this year, while second-place social Analysis 10: “Principles of Economics” and third-place Life Sciences 1a: “An Integrated Introduction to the Life Sciences” each lost more than 50 students. (Ec 10 and Life Sciences 1a?...

Author: By Weiqi Zhang, CONTRIBUTING WRITER | Title: Usual Favorites Top Course Offering | 9/24/2008 | See Source »

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