Word: socialistic
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...Lonrho have vast investments in the breakaway British colony but Rowland has friends-favored ones-both among the leaders involved in Smith's "internal settlement" and among the Patriotic Front leaders who are fighting them. The industrialist's immediate problem, however, lay in nearby Tanzania, where the socialist government of President Julius Nyerere announced plans to nationalize Lonrho's 18 local affiliates...
Barre is moving now because the political and economic climate is more propitious than at any other time during President Giscard's four-year tenure. The Socialist-Communist opposition is still deeply split. With the threat of a leftist victory out of the way, prospects for the French economy have improved. The franc is steady, trade is in surplus, consumers are spending and corporate investment-which had been stagnant in anticipation of wholesale nationalizations by a leftist government-is picking...
...thousands of Chinese in "Democratic Kampuchea"?the country's official name?"have been subjected to blatant repression, mass evictions and massacres." Hanoi has also strongly defended its harassment of Chinese shopkeepers on the grounds that Communism should affect everyone equally. Argued one official press release: "China is a socialist country that also underwent a difficult period, similar to what Viet Nam is now experiencing; China should not cause Viet Nam difficulties in its present work of transforming the country...
DIED. Tetsu Katayama, 90, the only Japanese Socialist leader ever to become Prime Minister; in Fujisawa City, Japan. Katayama helped form Japan's Socialist Party in 1945, and was voted into office as Prime Minister two years later in the country's first postwar elections. A fair-minded idealist who championed laborers and tenant farmers, he proved an ineffectual leader when his campaign compromises with political factions of the coalition government sapped his authority. Nine months into his term, with his economic policies failing badly, he resigned, crying, "All I want is sleep, sleep!" and retired...
...Eliot (Class of '28) chaired at least one of the sessions with an appearance of fine impartiality. I managed to get to the platform to make a pitch for Norman Thomas, but my friend Tom refused to recognize me, loftily explaining that "Mr. Herling is about to deliver another socialist speech." After 1933, with the coming of the New Deal, Tom matured rapidly and joined the Roosevelt administration to help draft social security legislation, thus helping to carry out one of the "socialist" planks of 1928. "It was a far, far better thing that he did." (I think that Newton...