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...order into the economy. Most argue that controls or central planning will lead to increased output, more equitable distribution of goods, and a concentration of resources in socially useful production. Explains Claude Estier, a national secretary of the French Socialist Party: "We consider it necessary to direct the economy toward the general interest rather than toward the interests of a small number of capitalists...

Author: /time Magazine | Title: Socialism: Trials and Errors | 3/13/1978 | See Source »

...problem that virtually every Marxist-Leninist state faces is lagging agricultural output. Almost invariably, collectivizing or communalizing farms deadens initiative. Food productivity thus remains low, despite enormous investments in farm machinery and irrigation systems. Although 85% of Poland's farm land remains in private hands, output is poor because low official prices provide no incentive for the farmer to work harder...

Author: /time Magazine | Title: Socialism: Trials and Errors | 3/13/1978 | See Source »

Yugoslavia seems to have the fewest economic problems among Marxist-Leninist states. It also has the least rigidly controlled economy in Eastern Europe, although Hungary is also testing innovative ways. Much Yugoslav economic planning and management has been decentralized. Initiative, hard work and quality output have been rewarded with generous bonuses and wage hikes. As a result, Yugoslav plants vastly outperform the state-owned enterprises in most other Communist-ruled countries. They also turn out an abundance of consumer products that make Belgrade, Zagreb and other large Yugoslav cities look more West European than Balkan...

Author: /time Magazine | Title: Socialism: Trials and Errors | 3/13/1978 | See Source »

...took the ice for the third period with score tied at 2 apiece but UNH's Bruce Chowder put his team up at 0:21 on a power play goal. Bill O'Neill, who came into the contest with only two goals on the year, doubled his output with two tallies less than two minutes apart...

Author: NO WRITER ATTRIBUTED | Title: B.U., B.C. Win in ECACs; Providence Upsets Cornell | 3/8/1978 | See Source »

...book? Times Co. officials are astounded that anyone could have, considering the firm's extraordinary steps to prevent such leaks. The manuscript was set in type at Haddon Craftsmen, Inc., in Bloomsburg, Pa., under the eyes of uniformed security guards, on old-fashioned Linotype machines. Their output of hot metal was melted down as soon as it was used. The pages were bound at a Haddon plant in Scranton, also under guard; and finished books were sealed in tough plastic wrappers and then stored in locked trucks and warehouses...

Author: /time Magazine | Title: Nation: The Case of the Purloined Pages | 2/27/1978 | See Source »

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