Word: socialist
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...peskily powerful Congress to worry about, for one thing; what the Chinese government wants in the way of policy, it gets. Christopher Wood, chief Asia strategist for the brokerage and investment firm CLSA, says the fact that China's economy is a hybrid of capitalism and a socialist command economy has given the government much greater flexibility to intervene. Beijing more or less ordered Chinese banks to increase lending in response to the global financial meltdown. Wood, a former journalist well known for predicting the bursting of Japan's bubble 20 years ago, says he expects the beneficial effects...
...China. Some in the CPI-M foster a sense of solidarity with the land of Mao that Beijing has never reciprocated. "There is some kind of strange blindness to China," says Nigam, the former CPI-M member. "I don't even know how [the Communists] still see it as socialist. China is not in any way different from any other one-party, authoritarian state...
...ideas have lasted," says Bhalla. "But now we are graduating to a sort of center-space like in Western democracies." Few can speculate the Communists' way forward - the CPI-M's central committee is set for a rancorous showdown in New Delhi next month. Nigam hopes the socialist revival in Latin America can offer ideas and inspiration for a movement in India that is short on both. But the days when the specters of a fading ideology line entire city streets may be truly numbered...
Republican National Committee •special session of will approve a resolution dreamed up by a super-silly member of (with the serendipitously silly name James Bopp, Jr.) to "rebrand" the Democratic party as the "Democrat Socialist Party" - yes, there's a constructive action that will surely convince voters of the concern for their well-being...
...Deal made the Depression worse, carbon emissions are fine for the environment and tax cuts actually boost revenues - even though the vast majority of historians, scientists and economists disagree. The RNC is about to vote on a kindergartenish resolution to change the name of its opponent to the Democrat Socialist Party. This plays well with hard-core culture warriors and tea-party activists convinced that a dictator-President is plotting to seize their guns, choose their doctors and put ACORN in charge of the Census, but it ultimately produces even more shrinkage, which gives the base even more influence...