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...there is no alternative to capitalism that credibly promises both wealth and liberty. Despite its transitory woes and weaknesses, capitalism in the foreseeable future will not only survive but also stands to prosper and spread. Perhaps the most balanced judgment of Adam Smith's wondrous system is Winston Churchill's famous conclusion about democracy: It is the worst system?except for all those other systems that have been tried and failed...

Author: /time Magazine | Title: Can Capitalism Survive? | 7/14/1975 | See Source »

...with David Riesman, Ford Professor of Social Sciences, came through one of those booklets the Harvard and Radcliffe admissions offices prepare each year to advertise their parent institutions to prospective applicants. Sandwiched between pages that explained how Harvard-Radcliffe was a place where appropriately motivated students could learn and prosper, there was a photograph of Riesman engaged in intense, but informal, discussion with an undergraduate. If the intent of that photograph was to convey the impression that most of Harvard's famous senior faculty take great pains to become personally involved with their students, it was more than just...

Author: By Geoffrey D. Garin, | Title: The Way We Weren't | 6/11/1975 | See Source »

Other reasons for the silent exits are more self-serving. Dissidents do not prosper in Washington. The man who makes his opposition known quietly, then leaves without a fuss is likely to be rewarded with another high-level post later on. If he publicly tells why he is leaving, however, he is, the authors say, almost always left out in the cold thereafter. "Further prospects of service in the Executive Branch are out of the question. Appointments to the Judiciary are unlikely to be proffered. Election to Congress is virtually precluded...

Author: /time Magazine | Title: Books: The Way to Go | 6/9/1975 | See Source »

...boring dandy of an accountant who wants to be successful as a gambler; he winds up with a blindfold over his eyes, gingerbread stuffed in his mouth, and a dead mouse in his fist. Drugger (Denis Pelli) is an honest tob acconist who wants his shop to prosper; Pelli stammers and shuffles cringingly enough, but it's a little disturbing to see Jonson make fun of someone simply because he's not too bright and wants to prosper. Sir Epicure Mammon (Spito Veloudos) has always been the character in the play I most identify with (I was typecast to play...

Author: By Paul K. Rowe, | Title: While the Cat's Away . . . | 3/3/1975 | See Source »

...French ambassador Louis de Guiringaud also charged that "a private club seems to be emerging, monopolizing certain areas" of U.N. decisionmaking. It was, in effect, fair warning and a plea for more fairness from the older nations to the newer ones if the U.N. is to survive, let alone prosper as a force in world affairs...

Author: /time Magazine | Title: THE UNITED NATIONS: Serving Notice | 12/16/1974 | See Source »

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