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...same time, they retain control of certain key industries, like oil or automaking, use state support to grow these industries, and then unleash state-backed firms into the global marketplace. Mostly authoritarian regimes, the state capitalists also keep a lid on politics by using growth to co-opt their middle classes...

Author: /time Magazine | Title: Central Command | 10/16/2008 | See Source »

...crisis has over the past few days entered into a phase that makes it intolerable to opt for procrastination and a go-it-alone approach," Sarkozy said. "This plan treats all aspects of the financial crisis." That's not to say further treatment won't be necessary...

Author: /time Magazine | Title: European Markets Rise in Relief | 10/13/2008 | See Source »

...this green dream is hardly problem-free or environmentally perfect. First, if oil prices continue dropping, perhaps to last year's $60-per-bbl. mark, drivers may opt to keep their old cars, especially if the recession in the U.S. and Europe deepens and car loans get even harder to obtain. In debt and facing slumping sales, the auto industry is also competing against flush high-tech companies in Silicon Valley, which are also racing to perfect a lithion-ion car battery. What's more, the billions that the auto companies are spending in research could be squeezed during...

Author: /time Magazine | Title: Electric Cars at the Paris Auto Show | 10/6/2008 | See Source »

...bygone era,” a place with a “cigar-chomping, suspender-wearing culture where taking risks was rewarded.” Some Harvard researchers may have found the link between the culture and the bust. Men with higher testosterone levels are more likely to opt for high-risk investments, according to a study by a Harvard anthropologist and a visiting economist. The researchers gave 98 male Harvard undergraduates $250 and asked them to invest the money as they saw fit. If participants made a successful investment—as determined by the flip of a coin?...

Author: By Elyssa A. L. Spitzer, CONTRIBUTING WRITER | Title: Testosterone Linked to Risky Investments | 9/30/2008 | See Source »

Economics may also have something to do with it. Single motherhood has become increasingly common over the past 30 years, which may have affected the number of women who already have children who opt for abortions. "A single mom, if she's already got kids and she finds herself pregnant, just has fewer resources to raise another child," Jones says...

Author: /time Magazine | Title: Abortion Rate Falls, But Not Equally for All Women | 9/23/2008 | See Source »

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