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...long the victim of historical circumstance, Africa is finally a beneficiary. The end of the cold war freed countries from 30-odd years of disastrous involvement in the superpowers' proxy conflicts. Old ideologies crumbled, taking with them the failed socialist methods of Marx and opening the way to capitalist reforms. The demise of apartheid gave the continent a huge psychological--and economic and political--boost. A generation of African leaders who grew up to despise the exploitation of postcolonial dictators and kleptocrats has begun to supplant them...

Author: /time Magazine | Title: Africa Rising | 3/30/1998 | See Source »

...stability--though not much democracy--has been achieved through the government's policy of "no victor, no vanquished." Four years ago, Renamo elected impressive numbers to the national assembly; now it has a stake in running the country, and hostilities find voice mainly as parliamentary debate. Frelimo jettisoned its socialist economic credo by 1989 and decided not only to adopt market-based capitalism but to take the bitter IMF-ordered medicine required for international investment...

Author: /time Magazine | Title: Africa Rising | 3/30/1998 | See Source »

Here's how the world has turned: the new movie version of Lolita is at this moment playing without any particular controversy in Moscow, former capital of hopelessly square Soviet socialist morality. After something like a year of relentless salesmanship, producers of Adrian Lyne's near reverent (but by no means inept or exploitative) adaptation of Vladimir Nabokov's modernist classic has yet to find a theatrical distributor in the U.S., where, of course, morally ambivalent entanglements between older men and younger women have lately been hot news...

Author: /time Magazine | Title: Cinema: Taking a Peek at Lolita | 3/23/1998 | See Source »

...served seven years as Vice Premier, earned his credentials as a hero of socialist capitalism beginning in 1993. Paramount Leader Deng Xiaoping's invocation for the Chinese to get rich quick had touched off a frenzy of entrepreneurialism that threatened to engulf the country in inflation and debt. Zhu was given the job of cooling down the economy without dampening the double-digit growth in GNP. He did so by making himself head of the central bank and sharply curbing various abuses, including out-of-control bank lending to local enterprises. Inflation has since declined, from...

Author: /time Magazine | Title: Can This Man Fix China? | 3/16/1998 | See Source »

...talks of the complexity of Vietnam, where the officially-socialist government has carried out economic reforms but still has no open academic dialogue about its history...

Author: By Nanaho Sawano, CRIMSON STAFF WRITER | Title: FacultyProfile | 1/29/1998 | See Source »

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