Word: profiting
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Dates: during 1980-1989
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...Gorbachev's approach is probably the only way to rebuild a system so deeply corroded. The failed reforms of 1965, which attempted to introduce price and profit incentives, showed that tinkering with parts of the economy without a comprehensive overhaul of attitudes was doomed. Linkage is necessary because the economic and social problems all stem from the same root: too much centralization. A system based on bureaucratic commands has failed. Decentralization is necessary. But this cannot occur unless people are allowed the freedom to think for themselves...
...call them yuccies -- young upwardly mobile Communists. Osadchuk pays herself a monthly salary of 700 rubles, or $1,120, about three times the average Soviet salary and enough for her family to live very comfortably. Says she: "We buy anything we want." Thanks to the co-op movement, employee profit sharing and other budding forms of entrepreneurship, many Soviets are suddenly earning enough money to do more than just scrape by. They are enjoying a taste of the good life, and some are even becoming wealthy, at least by Soviet standards...
...Before that, we used to say that Harvard students thought "the community was a subway stop somewhere beyond Park St.," says Wesley E. Profit '69, a former president of Phillips Brooks House Association (PBHA). "I think it meant that people had to be on guard, that this link between the students and the community had been forged, and you didn't want it to happen again...
...profit corporation founded in 1975 with federal funding to secure home-improvement loans from banks previously unwilling to lend credit to residents of the Mission Hill area...
...objections to water marketing (in a memo written by an Assistant Secretary now handling water- project bonds at Drexel Burnham Lambert). But other voices may object to the idea that farmers who receive subsidized water for crops, and further subsidies not to grow those crops, should profit handsomely on the sale of the subsidized water. Willey argues that the profits will be going to produce new public benefits: irrigation systems that use less water and produce less pollution. A Mono County businessman suggests that the sale of water rights ought to be regulated to prevent profiteering. But here Willey hews...