Word: rewardable
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Dates: during 1960-1969
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...turmoil that was uprooting China's ancient society, out of the alternation of hope and terror, of promised reward and present punishment, Communist China worked single-mindedly toward Mao's goal-and achieved comparative miracles. In eight years, the cotton harvest was up 30% from its prewar high to 1,600,000 tons. Steel production rose nearly six times above the 1943 peak of 900,000 tons,* although even this spectacular advance brought China's per capita steel production only to 4% of Japan's. With Soviet technical aid, China for the first time started...
...Partial Reward. In Washington, U.S. Assistant Secretary of State for Inter-American Affairs Robert Woodward went before the OAS Sanctions Committee. Despite reservations expressed in an OAS Human Rights Commission report (e.g., "the serious problem that has arisen as a result of the arrest and disappearance of several persons"), said Woodward, democracy was looking up in Trujilloland. "A vigorous political opposition acts openly, opposition newspapers circulate, key figures closely associated with the former regime have departed." The U.S. therefore recommended, he said, that sanctions prohibiting the export of petroleum products and trucks to the Dominican Republic be lifted. Remaining economic...
...economics, while maintaining the Eastern mystic's preoccupation with spiritual values. He calls himself a "democratic socialist," and argues with feeling: "There is something wicked about a society in which a successful trader can make a fortune but a successful teacher has to strike to get an adequate reward...
...Economist Max Weber broached the theory in 1905 with The Protestant Ethic and the Spirit of Capitalism. Calvinism and the Protestant sects, he maintained, lacking the absolution of sins provided by the Roman Catholic Church, depend upon outward and visible signs of salvation: diligence, sobriety and God's reward-success. Thrift, he argued, was also a peculiarly Protestant virtue, and the combination of these qualities naturally produced capital. Weber quoted Methodism's founder, John Wesley: "Religion must necessarily produce both industry and frugality, and these cannot but produce riches.'' British Economist Richard H. Tawney further developed...
...fortunes and industries. Even Horatio Alger, Samuelsson points out, always had his pious little lads get into the big money by "a gigantic inheritance, left to his hero by some previously unknown relative, or a gift from a multimillionaire who felt the virtuous boy to be worthy of a reward. Thrift and diligence were adequate instruments for winning the favour of rich relatives or bosses or millionaires' daughters, but not for achieving wealth singlehanded...