Word: socialism
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...recession recently as one caused by a "perfect storm of irresponsibility and poor decision-making that stretched from Wall Street to Washington to Main Street." Yet the Obama phenomenon could be brewing a more perfect storm, wherein an F.D.R.-L.B.J. - style government would promote intrusions that could inflict great social, political and economic devastation on us. Daniel B. Jeffs, Apple Valley, Calif...
...addition, a warmer China-Taiwan relationship alleviates a thorny diplomatic and security problem for the U.S. Its historic support of Taipei is a point of contention between Beijing and Washington. Now, "the likelihood of war has decreased," says Li Jiaquan, a senior researcher at the Chinese Academy of Social Sciences Institute of Taiwan Studies in Beijing. "This is good not just for Taiwan and China...
...current crisis, the IMF faces a familiar dilemma: Should borrowers be required to undertake wholesale reforms in order to win loans? In the past the IMF has imposed tough conditions on borrowers, requiring them to prioritize economic and financial reforms ahead of political and social considerations. It's an issue that must be addressed anew, says Boutros-Ghali. "You want a minimum set of policies to make sure things don't get worse," he says. "[But] do we tell them to adjust right now, when it's most difficult? Or do we just give them the money...
...dazzling range of new products and services also reflects the seismic social changes under way in the Muslim world. One of the reasons why halal frozen food, lunch-box treats and quick-fix dinners are growing in popularity is that many more Muslim women, from Egypt to Malaysia, have full-time jobs...
...Originally, such issues were handled by the danwei, the work units to which Chinese employees were once closely bound, says Zhou Hanhua, a scholar at the Chinese Academy of Social Sciences. The danwei supervised workers' lives down to marriage and childbirth, and prevented people from engaging in unregulated enterprises on the side. The decline of China's state-owned enterprises in the 1990s precipitated the breakdown of the danwei system. At the same time the country grew increasingly urbanized, and millions of migrant workers poured into big cities. "The traditional system could no longer manage," Zhou says. "The chengguan were...