Word: notionalism
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More important, at least when it comes to the bailed-out businesses, the notion that there's a correlation between excessive pay and excessive risk-taking isn't quite accurate. It may be true in the case of hedge funds or leveraged-buyout - which call themselves private-equity (PE) - firms or some parts of stricken outfits like AIG, Citi and the former Merrill Lynch, now part of Bank of America. But hedgies and PEs aren't covered by pay czar Ken Feinberg's ukases...
...contemporary, post-Industrial society - say, the U.S. An economy based on brains and connections? That sounds about right. It's been half a century since economists first lasered in on the importance of "human capital" - the notion that what is locked up in people's heads and how they relate to other people deserves just as much attention as a company's physical assets (its factories, trucks and land). With each new phase of our information society, it becomes truer that the way to get a leg up isn't to own a factory (they're all going overseas...
...pieces is probably no accident. Much of the lavish artwork produced under the Qing incorporated the varying artistic traditions of China's multicultural state, because the dynasty's Manchu rulers were hyper-conscious of their position as an ethnic minority and aware of the need to present a unified notion of what it meant to be Chinese. Emperor Yongzheng himself liked to be depicted in the garb of different ethnicities. There are portraits of him as a Tibetan lama, a Han scholar, in the clothing of Muslim minorities and even wearing a loose interpretation of European dress. See pictures...
...think the notion of religious pluralism will play out in Europe’s future...
...heard he was impeached as Illinois governor and faces federal corruption charges after allegedly auctioning off Barack Obama's empty U.S. Senate seat - Blagojevich is passing a crystalline afternoon pressing the flesh at a café near his home on Chicago's northwest side, eager to dispel the notion that he's a pariah. In part because Blagojevich is a very good politician, the reception is warmer than you might expect. He embraces an elderly supporter, quizzes a high school track team about its choice of running shoes (these days he clocks seven miles in under an hour) and assures...