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...only way to grow rich is to open your country - open your economy at home, open your companies to trade with the world, and open up your politics. But the new state capitalists challenge that wisdom. They encourage private enterprise and foreign investment. At the same time, they retain control of certain key industries, like oil or automaking, use state support to grow these industries, and then unleash state-backed firms into the global marketplace. Mostly authoritarian regimes, the state capitalists also keep a lid on politics by using growth to co-opt their middle classes...

Author: /time Magazine | Title: Central Command | 10/16/2008 | See Source »

...years of experience in the City and says, "You just have to sit it out. It recovers." But he acknowledges that "it's a painful process and we are only at the beginning." The impact won't be felt across the board, either. Barring a financial cataclysm, London will retain its position as Europe's preeminent financial center for players from around the world. Some wealth management may migrate to Singapore or Dubai, rapidly emerging regional centers, and some of the back-office jobs that are cut may never come back. "As in any business there will be more pressure...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...Speaking of gross, HBO's Little Britain USA (Sundays, 10:30 p.m. E.T.) is the one import this fall to retain its original cast, and it bets confidently that Yanks and redcoats alike can be united by the love of a good penis joke. Comics Matt Lucas and David Walliams transport the characters from their BBC sketch show, while adding a few American originals. But their new characters don't measure up, and the original British ones - like Lucas as thick-accented juvenile delinquent Vicky Pollard - are so culturally specific that they translate to being plopped inexplicably into American settings...

Author: /time Magazine | Title: Fall TV: Remade in the USA | 10/3/2008 | See Source »

...unsettling, and the feeling must be mutual as Adebimpe croons, “Come lay me low and love me / This lonely little love dog / That no one knows the name of." Here, the pervading image of isolation and anonymity mirrors the underlying angst of a generation struggling to retain its individuality against the opposing force of conformity...

Author: By Eunice Y. Kim, CONTRIBUTING WRITER | Title: TV on the Radio | 10/3/2008 | See Source »

...been any disruption of normal economic activities during the past 20 months. But we'd like this to continue until the election. Please remember that one of the problems with the election process has been that money and muscle power were used in the past; in order to retain control over that, I think the emergency rules will help...

Author: /time Magazine | Title: Q&A: Bangladesh's Leader Fakhruddin Ahmed | 9/25/2008 | See Source »

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