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...George Bush, a decision to emulate a figure whom other members of his party have called a socialist would be difficult at best. If elected to a second term, he might pursue action as soon as November. If defeated, Bush could also attempt to force legislation through Congress as a lame duck. It seems more likely, though, that he would do his best to help out his friends in business before re-entering private life...

Author: By Daniel Altman, | Title: Time to Turn Home | 10/27/1992 | See Source »

...SLOGAN HAS A FAMILIAR RING: THERE'S NOTHing wrong with communism that a little capitalism can't fix. Last time around, that approach was called perestroika, Mikhail Gorbachev's futile attempt to rejuvenate the Soviet socialist system. Perestroika is alive and well and living in Beijing under an assumed name -- "socialist market economy...

Author: /time Magazine | Title: Contradiction In Terms | 10/26/1992 | See Source »

More than 2,000 of the Chinese Communist Party's faithful gathered for their 14th Congress and dutifully applauded the concept. The socialist system, said party chief Jiang Zemin, depends on rapid economic growth. At a news conference, Hong Hu, vice minister of an economic-reform commission, was asked to define the socialist market economy. "It is," Hong replied, "a market economy that is subject to the regulation of a socialist country...

Author: /time Magazine | Title: Contradiction In Terms | 10/26/1992 | See Source »

...that spirit, he did not withdraw into bitterness, but stayed on as chairman of the Social Democrats -- and as leader of the Socialist International -- and evolved into an honored, even beloved, elder statesman. One of the crowning moments of his later years came after the fall of the Berlin Wall in November 1989, when he delivered a ringing speech in Berlin that ended with the motto of unification: "What belongs together will now grow together...

Author: /time Magazine | Title: Willy Brandt: 1913-1992: A Bold Peacemaker | 10/19/1992 | See Source »

...Germanys, not the virtual annexation of one by the other, and raised his voice to warn of the dangers of haste and of hubris. "Nothing lasts forever," he said in his last public statement, a speech read on his behalf to a Berlin meeting of the Socialist International as he lay dying last month. "Every era demands its own answers, and if one wants to do good, one must be prepared for them." Willy Brandt...

Author: /time Magazine | Title: Willy Brandt: 1913-1992: A Bold Peacemaker | 10/19/1992 | See Source »

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