Word: socialisme
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5 | Ecuador Still Driving on the Left Ecuadorians handily re-elected President Rafael Correa on April 26, endorsing his policies of "21st century socialism" and of blaming capitalism for the global economic crisis. Correa, who has refused to pay some foreign debts and has increased social programs for the poor...
Singapore is no bastion of socialism. But when the country's economic czars began to attract multinational companies like Hewlett-Packard, IBM and Matsushita to locate their manufacturing facilities in Singapore in the 1960s, they tacitly agreed to keep wages for blue-collar workers low by de-fanging the unions...
Voters on Sunday re-elected him to a second consecutive term, though under unusual conditions. Before Correa, no President elected after 1992 had managed to stay in office for a full four-year term. Like Venezuelan President Hugo Chávez, Correa espouses "21st century socialism," which has put him...
Perhaps, but Vargas' lifestyle is hardly the stuff of Chávez's "21st-century socialism." In a rare interview last year, he told the Wall Street Journal, "People write stories about me saying I have a Ferrari, a plane, a yacht. But it's not true. I've got...
The Founding Fathers would have been in for a shock had they seen Boston Common on April 15. Over 500 protesters wielding teabags and standards decrying taxes, spending, socialism, and fascism congregated in one of the more than 750 “tea parties” the nation witnessed that...