Word: socialistic
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...easy. Jean-Claude Trichet, president of the European Central Bank, which sets interest rates for the euro zone's 16 countries, urged the country on Monday, Dec. 7, to take "courageous" steps to tackle the crisis. Greek Finance Minister George Papaconstantinou, part of the socialist government that won power in the country last October, duly pledged to do "whatever is required" to shore up the country's finances. Key to the recovery plan: slashing Greece's budget deficit next year from 12.7% - more than four times the level allowed under E.U. rules...
...free markets, says Cheong Seong-chang, senior fellow at the Sejong Institute, a think tank in Seoul. Since 2000, the bigger traders in North Korea have come to live a life "almost as lavish as South Koreans," says Cheong. "They have big refrigerators, color televisions, DVD players." In a socialist utopia like North Korea, such economic divides are unacceptable; the currency change would reduce inequality by making a broad swath of the North Korean population poorer. (See pictures of North Korea's rubber-stamp elections...
...Republic of Korea (D.P.R.K.). Representatives of the latter have been "in conversation" with APT6 lead curator Suhanya Raffel via an intermediary - the Beijing-based British filmmaker Nicholas Bonner. His connections with the Pyongyang-based Mansudae Art Studio helped secure 70 works: paintings, prints and mosaics influenced by the socialist-realist styles of Russia and China. Raffel says their inclusion recognizes "different, parallel art histories that have developed in the region in local specific ways...
...values. Two years ago, for example, he started an annual ritual that involves schoolchildren reading a patriotic letter written by French communist resistance fighter Guy Môquet before he was executed by the Nazis in 1941. During his 2007 presidential campaign, he also repeatedly quoted the seminal French socialist leader (and Panthéon resident) Jean Jaurès in an attempt to infer that the legendary leftist would have backed the positions he was championing. (Read "A French Debate over Guy Môquet...
...Secret Lives of Somerset Maugham, Selina Hastings, the acclaimed biographer of the novelists Evelyn Waugh and Rosamond Lehmann, has written a magnificent, gripping account of the contrarieties that were held together in Maugham's personality. An aloof, private socialite; a socialist patriot who loved titles and the aristocracy; one of the most famous writers on both sides of the Atlantic for half a century but never recognized by the critical intelligentsia. Hastings exposes the polarities. (See the top 10 fiction books...