Word: socialistic
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...failure of the reformers in Hungary will help the conservative ((hard-line)) forces in other socialist countries. Reform is unavoidable, but it can be temporarily halted...
...ghost of Karl Marx was even unhappier than usual last week. In Moscow Alan Greenspan, guru of Republican capitalism and chairman of the Federal Reserve, tutored top Soviet officials in remedial economics. In Hungary the country's ruling party shed its Communist label. And in Caracas ranking socialist leaders of the First and Third Worlds -- President Francois Mitterrand of France, 72, on a tour of Latin America, and President Carlos Andres Perez of Venezuela, 66 -- agreed on the virtues of the free market...
Perez's odyssey has been much more dramatic. Not only is he changing his habits of thinking and governing, but he is trying to change the way his country develops. Like Mitterrand, Perez has been a socialist since his youth. He is still vice president, under Willy Brandt, of the Socialist International. During an earlier presidential term in the '70s, he nationalized Venezuela's oil industry, slapped controls on prices and interest rates, mandated wage boosts, increased regulation of agriculture and made government-subsidized loans to low-income city dwellers, peasants and small businessmen. Perez personified the socialist conviction that...
...made possible what Perez calls the "de-ideologization' ' of politics in the Third World. That means Perez, who had to cope with bloody riots sparked by price increases in February, is at least spared having to worry about some Third World minion of the Kremlin accusing him of socialist heresy. The real perestroika makes Perez's version look tame -- and more promising -- by comparison...
...East Germany's Communists struggled to dampen the volatile situation, their brethren in Hungary were busy taking steps that, even a few months ago, would have seemed impossible. A majority of the 1,274 delegates at a Communist Party congress voted to rechristen themselves the Hungarian Socialist Party. Hungarian Communism, for all practical purposes, was going out of business. Coming less than two months after the installation of Poland's first non- Communist government since the end of World War II, the Hungarian decision reinforced the historic shift taking place in Europe...