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...Support for cooperative ownership was even higher among fans of Manchester United and Liverpool. Angered by the $1 billion debt piled onto United's books following its 2005 takeover by the Glazer family - owners of the NFL's Tampa Bay Buccaneers - a consortium of wealthy United fans is putting together a plan to buy out the club with the backing of ordinary supporters. While the group, known as the Red Knights, is unlikely to make an offer before the end of the current season - the club, for its part, insists it's not for sale - the extent of support...

Author: /time Magazine | Title: How Soccer Could Sway Britain's Election | 4/16/2010 | See Source »

...sale, could coax many football fans to turn out for the party come election day. "There's the potential for [the plan] to be very popular in an electoral sense," says Duncan Drasdo, chief executive of the Manchester United Supporters Trust (MUST), which advocates for fans having an ownership stake in the club. A large number of United's 3.8 million adult fans in the U.K. live in marginal constituencies, Drasdo says. The chance to have a say in the way the club is run, he adds, "is the kind of issue that gets people out who don't normally...

Author: /time Magazine | Title: How Soccer Could Sway Britain's Election | 4/16/2010 | See Source »

...overpowering, says Lowenstein. "Less than a generation after the fall of the Berlin Wall, when prevailing orthodoxy held that the free market could govern itself, and when financial regulation seemed destined for near irrelevancy, the United States was compelled to socialize lending and mortgage risk, and even the ownership of banks, on a scale that would have made Lenin smile...

Author: /time Magazine | Title: Business Books | 4/12/2010 | See Source »

...problem could be divided into a "main problem" and "subsidiary problems." Our main problem is that China often feels only limited attachment to the power system that has evolved in the Western world. It has often been victimized by this system and has never felt the ownership over it that Western nations do. And of course China has centuries of native strategic culture that, overlaid with the neuralgia of Marxism, shapes its thinking. Calls for China to be a responsible stakeholder have failed not least because China is ambivalent about the international system as it's currently construed. Even...

Author: /time Magazine | Title: Hu's Visit: Finding a Way Forward on U.S.-China Relations | 4/8/2010 | See Source »

Experts on Brazil's rural violence said land ownership, along with the related issues of deforestation, logging, land grabbing and the slave labor sometimes used by powerful landowners, are the key factors in making Brazil's remote hinterlands such bloody places. "Economic interests are linked to land ownership and anyone opposed to them is in danger," says Julio Jacobo Waiselfisz, the author of "Brazil Violence Map," a government-sponsored study of the country's most violent areas...

Author: /time Magazine | Title: Brazil's Land-Reform Murders: Dark Side of an Economic Miracle | 4/4/2010 | See Source »

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