Word: socialistic
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Dates: during 1970-1979
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...commonly asserted that the black liberation movements in South Africa are under Marxist control, and that if they succeed South Africa will become a socialist society. Is this true...
...country's economic troubles have worsened as the Vietnamese drive to develop lags, and the preliminary goals of its five-year plan are not being met. In an attempt to attract foreign investment, Vietnam now permits full foreign ownership of certain kinds of firms, the first socialist nation to do so. It has also begun discussing with U.S companies the exploitation of its offshore oil. The Vietnamese need for normal diplomatic ties with the U.S. became acute when four tropical storms hit in one week, flooding the Mekong Delta rice fields. The floods destroyed as much as 80 per cent...
...GOALS that the U.S. has in the region are buried beneath the weight of the Carter administration's big-power calculus. The paramount U.S. interest in Indochina today is stability to preserve the non-socialist regimes that remain, and stability to insure the safety of Japanese and American trade throughout the region. But without normalization the United States forfeits its influence in the area. As a Congressional Research Service study noted, "Vietnam is essential to any regional arrangement for resolving conflicts and preserving peace in Southeast Asia...
Thus begins a new novel called The Revolution of 1980. Its bestselling author is the pseudonymous "Philippe de Cormmines," whose cleverly futuristic The 180 Days of Mitterrand last year foreshadowed the rupture in the Socialist-Communist alliance. In Commines's new work, Giscard refuses to give in; at 6 a.m. three SAM II missiles transform the Eiffel Tower into a hulk of twisted steel. Responsibility is claimed by a terrorist group that calls itself Society Against the State. To restore his government's credibility, the President tries a dramatic gesture: he appoints Michel Rocard, a charismatic economist...
Although Gaullists and Communists join forces to vote no, a narrow majority in the National Assembly approves Rocard's request to rule by decree for six months. Drastic reforms are instituted almost instantly. Rocard does not nationalize vast sectors of industry, as the 1972 Socialist-Communist "common program" calls for. Instead, all stock in private companies is converted to bonds, and shareholders are guaranteed 15% of profits; but corporate control passes to the workers. France's Paris-centered government is decentralized with the creation of new regional assemblies with broad local powers, including taxation. Welfare benefits are increased...