Word: socialist
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Dates: during 1970-1979
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...Socialist Federal Republic of Yugoslavia, as a non-aligned country, has been striving to have respect for independence become the basic criterion of international behavior. This is the lasting principle of our foreign policy...
...extending our best wishes to the American people on this great Bicentennial occasion, we should like to wish also for further promotion of cooperation and strengthening of friendship between the Socialist Federal Republic of Yugoslavia and the United States of America...
...distinguished family from Alsace, settled in the then French territory of Algeria in the 19th century. Yves, who was born in the port city of Oran, still feels drawn to the silky, sun-baked lands of North Africa-no longer to the Algeria of his childhood, now an austere socialist state, but to laissez-faire Morocco. There, at his magnificent Arab-style palace in the ancient fortress city of Marrakech, the designer talked at length last week with TIME Paris Bureau Chief Gregory Wierzynski about his aims, his dreams and his worries. Wierzynski 's report...
...earlier this year. At the invitation of Management Expert John Diebold, the leaders had gathered to discuss new challenges to the role of profits in Western economies. Almost without exception, the speakers testified to the pressures and pinches now afflicting the profit system. In some instances, most notably Sweden, Socialist governments are levying confiscatory taxes on corporate profits and insisting upon huge contributions to pension funds, which in turn are being used to buy up the companies; "fund Socialism" was the term Swedish Economist Erik Lundberg employed to describe the process. In Britain, the Labor Party's left wing...
...Thus, in his view, profit was the "surplus value" that the capitalist unjustifiably tacked on to the real worth of the product. In the early part of the century, Bernard Shaw and his fellow Fabians contended that profits should be taxed into oblivion in order to create a new, socialist order. They believed that the profitless economy would function more effectively-and they were wrong. Since the onset of the Industrial Age 100 years ago, profits have proved to be indispensable to a prosperous economy...