Word: nationalizes
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Dates: during 1970-1979
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...power. Next comes the Terror, when the regime desperately tries to accomplish revolutionary goals no matter what the cost in blood. This horror often engenders a Thermidorean reaction (named for Thermidor, the month of the French revolutionary calendar in which the reaction occurred), when moderates regain control and the nation begins a period of convalescence. But ahead lies the danger of the fifth stage: the coming of a dictator still fired by some revolutionary zeal, and beyond that, the possibility, of a Bourbonism restored...
Children love him because his daffy repertoire of Ork language can be mimicked endlessly. Already Mork's "nano, nano" (translation: hello) has replaced the Fonz's "aaaayyy" as the catchword of the nation's kids. Adults like his spontaneous riffs. On one program he launched into a singsong: "Shah, Shah, Ayatollah [I tol' yuh], Shah, Shah, Ayatollah...
...could be argued that Williams landed in the right role in the right time slot (8 p.m., when children control the nation's sets). But Williams is not so much lucky as talented. In his stand-up nightclub act, which he does for free, to keep in touch with live audiences and to try out new material, he displays a range that encompasses Jonathan Winters, Danny Kaye, Steve Martin and Daffy Duck. Though always wearing the same costume-baggy pants, loud shirts, suspenders-he whips in and out of a multitude of comic characterizations. He can mimic the cadences...
...since the turn of the century have so many Western businessmen been so determined to cash in on China's vast promise. The question both for outsiders and for the Chinese is whether the world's most populous nation can really modernize .its poor and backward agrarian economy in a mere 20 years. That is China's ambitious goal, but economic realities have already forced Peking to reconsider some of its grand plans...
Blumenthal came under considerable pressure from his hosts to help get China most-favored-nation status, which would cut U.S. tariff barriers. But China's immediate export potential is modest. The size of the country's mineral and oil reserves is uncertain, and they cannot be quickly exploited. Joint ventures will help, and the most likely schemes will give foreign companies a 49% stake if they put up the cash and expertise in exchange for a share of future production. Talks along these lines are already going on with major U.S. oil companies, which want to explore offshore...