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...written in December 2005), which he argues was doomed from the moment it triumphed in Russia in 1917. "Together with the victory of the revolution, Marx's fundamental error also became evident. He showed precisely how to overthrow the existing order, but he did not say how matters should proceed thereafter. He simply presumed that with the expropriation of the ruling class, with the fall of political power and the socialization of means of production, the new Jerusalem would be realized...

Author: /time Magazine | Title: For True Progress, We Need Faith | 12/1/2007 | See Source »

This changeover won't be free, but it won't break the bank, especially if we start early, proceed globally and undertake research and development on low-emission energy systems to improve our options. The best guess is that the annual cost of the changeover will remain below 1% of the world's annual income, a very modest price to avoid a potential earthshaking danger. The rich countries will have to help the poor countries in three ways: to get access to the needed low-emission technologies; to bear part of the increased costs of energy in the poor countries...

Author: /time Magazine | Title: Citizens Can Do Something About Climate Change | 11/27/2007 | See Source »

...That may not seem like a significant distinction, but political analyst Dominique Moïsi says that absence of personal enrichment is important to a French public that might, if matters proceed, "see a difference between corruption for personal gain, and breaking rules on party financing...

Author: /time Magazine | Title: France's Chirac Under Investigation | 11/21/2007 | See Source »

...speech and academic freedom to make an ideological argument.” Matory disingenuously couched his unpopular claim within a meaningless statement in favor of an ideal that virtually all faculty members would support. This is not the way that dialogue on this, or any other issue, should proceed at Harvard. Instead of dressing his argument up in the guise of free speech, Matory and others who agree with him would best be served by making their arguments directly and openly. If their claims about a pro-Israel bias are strong enough, they will weather the political storm, even...

Author: By The Crimson Staff | Title: Academic Dishonesty | 11/19/2007 | See Source »

Indeed, the NASDAQ deal illustrates the sophistication of gulf boardrooms, not to mention a determination to proceed with economic development in spite of the region's political instability. Borse Dubai originally got into a bidding war with NASDAQ over OMX. But when an intermediary suggested that they form a partnership instead, Borse Dubai quickly agreed. According to Borse Dubai chief Essa Kazim, the new arrangement gives Dubai access to even more expertise and global investors than it would have received in a partnership with OMX alone. "We felt we can complement each other," Kazim says. "NASDAQ can continue to expand...

Author: /time Magazine | Title: Welcome to Du-Buy? | 11/12/2007 | See Source »

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