Word: socialistic
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Distortions of the Portugese situation--both deliberate and deluded--are in season, particularly in the American press, which follows the Socialist Party (PSP) lead, representing the struggle as one between the Stalinist Communists and "moderate" democratic welfare-state Socialists. Time magazine, probably the most incendiary of all American mass media, recently headlined a cover story "Red Threat in Portugal," with a background of a monstrous hammer-and-sickle and a picture titled "Lisbon's Troika". At issue in Portugal is neither "troikas" nor Soviet Domination, but a coming choice--perhaps by the end of this year--between revolution and reaction...
...Portugal to a virtual standstill and the country perilously close to civil war. Focus of the dispute was General Vasco dos Santos Gonçalves, 54, a close ally of Communist Party Boss Alvaro Cunhal and a woolly-minded Marxist ideologue who favored the creation in Portugal of a socialist state along Eastern European lines. Last week in an apparent victory for moderate forces within the M.F.A., Gonçalves fell from power. In the face of virtually open rebellion by non-Communist officers in the army and air force, Gonçalves−who the previous week had lost...
...decrease in private income. Most British workers are in a 33% income tax bracket. The top tax rate for singles is 83% on the portion of taxable income over $38,000. This compares with a 70% maximum rate on taxable income over $100,000 in the U.S. Even in socialist Sweden, the highest tax rate is 69%. And when they venture abroad, Britons find that their money buys increasingly less; last week the pound was worth $2.10, v. $2.35 only last...
Certainly, representatives of the industrialized "First World" will reject much of the overblown rhetoric of the developing countries. Just as certainly, the "Second World" of the Socialist countries will make a show of complete support.* Nonetheless, the significance of the meeting may very well lie in the fact that leaders of the industrial world are likely to listen more attentively than ever before to reasonable Third World demands. As Secretary of State Henry Kissinger told TIME'S diplomatic editor Jerrold Schecter in the Middle East: "At the least we must have a dialogue. We cannot be in isolation from...
...seven state-owned dailies are believed to be losing both readers and revenues, while Jorno Novo has been gaining circulation, from an initial 40,000 last spring to some 100,000. Raul Rego, whose República was seized by its Communist printers, plans to launch a new Socialist paper next month, aptly named O Luta (The Struggle). By then, however, there may well be a new Premier, and many Portuguese journalists hope that covering the news will no longer be such a struggle...