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...must be either a not-for-profit, with a particular mission or purpose, or a for-profit organization, in which the directors' first responsibility is to the financial interests of shareholders. I would suggest a third way: for-profit companies that both pursue a purpose and seek a financial return for investors. I believe there are millions like me who would prefer to place both our investment dollars and our philanthropic ones into such ventures. Investors in third-way companies could be confident that reasonable returns were being sought on their behalf. At the same time, organizations with missions would...

Author: /time Magazine | Title: Inbox | 8/7/2008 | See Source »

Writers often speak of the courage it takes to face the blank page. Solzhenitsyn's courage was of a completely different order. Equally strong was his belief that the communist system he had so thoroughly damned in his work would collapse in his lifetime, allowing him to return home...

Author: /time Magazine | Title: Aleksandr Solzhenitsyn | 8/7/2008 | See Source »

...Suleiman's murder comes at a critical time for Syria, which is presently engaged in a delicate balancing act of pursuing indirect peace talks with Israel and improved ties to the West, at the same time as maintaining its relations with Hizballah and Iran. In exchange for the return of the Golan Heights, captured by Israel in 1967, the Israeli government demands that Syria curtails its strategic alliance with Iran and its backing for Hizballah and for Palestinian militant groups. Still, since Syria and Israel revealed in May that they are negotiating via Turkish mediation, Damascus has paradoxically strengthened...

Author: /time Magazine | Title: The Mystery Behind a Syrian Murder | 8/7/2008 | See Source »

...attendant from their complement, and the plane was chock full. Stuff was stuffed everywhere because no one wanted to fork over United's $15 fee for a bag. "See you in about 35 minutes," said one flight attendant as she rolled the beverage cart toward the front. Upon her return, a guy in front of me complained about the slow service, and she snarled right back at him. Like the rest of us, she wasn't in the mood to be reminded about awful the experience had become. You want a snack with that insult, sir? That will...

Author: /time Magazine | Title: Flying the Cut-Rate Skies | 8/6/2008 | See Source »

...holiest sites of Shi'ism, located in the predominantly Sunni city of Samarra, 65 miles north of Baghdad. The blast triggered a round of sectarian bombings, massacres and kidnappings so horrifying that for the next year and a half, many Iraqis would wonder if life would ever return to normal - and had many in Washington warning of an intractable slide into civil...

Author: /time Magazine | Title: Reconciliation at Iraq's Ground Zero | 8/6/2008 | See Source »

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