Word: ownership
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Dates: during 1990-1999
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When computers were mediocre typewriters 10 years ago, few people cared about this country's income gap in computer ownership. With the rise of the Internet, however, a new buzzphrase has sprung out of the John F. Kennedy School and it's ilk: "equal access to information." The idea is that the computer itself is of limited value; it matters as an access point to the world of information online...
...Stock ownership isn't just a way to better your lot in life; it's a religion that seems ready to unify the planet with a single Almighty. In Wall Street we trust, and trust, and trust some more. Patricia Horst, 62, president of her own business-forms company in a Cincinnati, Ohio, suburb, says every dime of her portfolio is in the market. "Every night when I download the prices on my holdings, I just sit there in awe of all the money I'm making," she marvels. The benevolent stock-market god--the true promise keeper...
Questions about union ceremonies in campus chapels escalated into a debate over the ownership of the University at Emory this year...
When it was founded 44 years ago, Petrobras, Brazil's state-controlled oil company, was a vital symbol of national pride. "The oil is ours" was an oft-repeated slogan. Politicians embraced Petrobras as an indispensable, state-owned bastion against foreign ownership and domination. But now foreigners and locals alike can profit from Petrobras' dominance in one of the emerging world's most dynamic markets...
...presenting the new program, Jiang, 71, was careful to pay rhetorical obeisance to Mao Zedong and insist that the government would continue to "oppose bourgeois liberalization." He never uttered the politically incorrect word privatize, explaining that the new shareholding system is simply a modern form of "public ownership" that "can be used both under capitalism and under socialism." But few were fooled by the verbal acrobatics. "It's a deep change," says Wang Shan, a political commentator in Beijing. "The industrial worker who used to rely on the state will be thrown into the marketplace...