Word: polished
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Polish Paradox...
...prominent Polish émigré" says that Marx "would not believe his eyes" if he saw workers revolting against their Communist government? Marx would have quit even looking at 20th century man's feeble attempts at Communism long ago-after so many Stalins, purges, Gulags, 17th of Junes, Prague springs, Cultural Revolutions, democratic Kampucheas and Berlin Walls. If the "Communists" of Eastern Europe bore even a resemblance to what Marx had intended, I doubt that I and thousands of other G.I.s would need to be in West Germany...
American labor will eventually struggle to get what Polish and Soviet workers already have-a guaranteed...
...then Gierek's plan ran into a combination of bad luck and hurdles endemic in the Communist system. Recession in the West curbed appetites for Polish exports. Bad harvests forced Warsaw to buy increasing amounts of food abroad. Meanwhile, the government lost control of the development program and had to seek further loans, pushing its hard-currency indebtedness to a staggering $20 billion...
Foreign assistance will help, but only to some extent. The Soviet Union has promised $690 million in goods and hard currency. President Carter has pledged $670 million in credits for U.S. grain and other foodstuffs. Western banks have arranged for new loans totaling $1 billion. These are stopgap measures. Polish economists agree that further belt tightening and a program of profound economic reform will both be necessary. One proposal: decentralization of economic decision making so as to give plant managers more responsibility. This will even include the introduction of a profit motive. Most experts also believe that the pricing system...