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...academic immersion" program that purports to varnish us with an understanding of how business interacts with government and civil society. It is called "Society and Enterprise" (S&E), and it seems designed as a ridiculous token effort to convince students that there exists a higher calling than the profit motive...

Author: By Patrick S. Chung, | Title: A Talent for Doublethink | 2/20/2001 | See Source »

...such as fiber-optic control systems and advanced high-speed transmission lines may help bind the wobbly system together. "Our vision is really a seamless cross-border market for electricity," says Hydro Quebec's Candal. That's a lot better, and a lot harder to achieve, than a quick profit on calamity...

Author: /time Magazine | Title: Watt Friends We have | 2/19/2001 | See Source »

...when Daimler-Benz listed on the New York Stock Exchange in 1993. Under U.S. rules, Daimler-Benz lost nearly $579 million in the first half of 1993, while under Germany's reporting requirements--which allowed the company to hide money-losing assets--it seemed to have a $102 million profit. When Deutsche Borse launched the Neuer Markt, it required U.S. or international accounting practices...

Author: /time Magazine | Title: The Price Of Transparency | 2/19/2001 | See Source »

...Coriolanus, of course; the Roman was a man of fierce principle. Clinton is more like Sportin' Life. Our first black president, as Toni Morrison called him, has banished himself to 125th Street, there to condescend to the African-Americans (they don't yet seem to mind it) and to profit from the subtle dynamic dictating that the enemy of my enemy is my friend. If big white power has turned on Bill, he must be all right...

Author: /time Magazine | Title: The Bard and Bubba | 2/19/2001 | See Source »

...Britain alone received 76,000 asylum applications, up from 4,000 in 1988. An estimated 500,000 foreigners entered the E.U. illegally last year, five times the number in 1994. And as the demand to enter Europe has widened, so have the opportunities for traffickers who would profit from these masses on the move. Scores of immigrants now put their lives in the hands of feckless smugglers, with tragic results. Hundreds die crossing the Mediterranean into Spain each year; last week the corpses of 10 more North African immigrants washed up on Spain's southern shores...

Author: /time Magazine | Title: Culture and Economy Clash in Europe's Immigration Dilemma | 2/19/2001 | See Source »

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