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...Broadbent, leader of the socialist New Democratic Party, calls the Amoco bid a "black day for Canada," because it would tip foreign control of the $49 billion petroleum industry well past 50%. The deal could also test Prime Minister Brian Mulroney's vow to seek friendly foreign investment...

Author: /time Magazine | Title: TAKEOVERS: A Bid for the Record Books | 5/4/1987 | See Source »

...Manifesto and 70 years after the Russian Revolution, free enterprise is coming back to the Soviet Union. Businesses ranging from mom-and-pop shoe repair to interior decoration are being legalized under a new "individual labor" law that takes effect this Friday -- which happens, ironically, to be the international socialist holiday May Day. The measure makes it possible for the first time since Lenin's New Economic Policy (NEP) of the 1920s for individuals to make money legally according to a decidedly un-Marxist principle: from each according to his hard work and ingenuity, to each according to the free...

Author: /time Magazine | Title: Soviet Union Inching Down the Capitalist Road | 5/4/1987 | See Source »

Peres spent five days in Spain and Italy last week championing the idea of such a meeting. At a regional session of the Socialist International in Rome, Peres held an unexpected round of talks with two Soviet officials. According to Knesset Member Uzi Baram, a Laborite who traveled with Peres, the Foreign Minister told the Soviets that a restoration of diplomatic relations between Jerusalem and Moscow would help promote an international conference that would include the Soviet Union...

Author: /time Magazine | Title: Israel Sagging Spirits | 4/20/1987 | See Source »

There is a rub however. Defining beforehand precisely who is or is not a controversial speaker is not always easy. Anti-Israel and pro-Ku Klux Klan speakers are clearly controversial. But do pro-Socialist and pro-Capitalist speakers--say, Paul Sweezey, editor of Monthly Review, and George Gilder, head of Manhattan Institute, respectively--fit the controversial label? Martin Kilson...

Author: NO WRITER ATTRIBUTED | Title: Controversial Speakers | 4/13/1987 | See Source »

...years since a Greek Orthodox priest first raised the banner of revolution against Ottoman rule, affairs of church and state in Greece have been closely intertwined. Last week in Athens the church, under the leadership of Archbishop Seraphim, again raised its standard, this time against the Socialist government of Prime Minister Andreas Papandreou. Black-robed priests joined more than 50,000 supporters outside Parliament, waving crucifixes and chanting, "Hands off the church...

Author: /time Magazine | Title: Greece: Old Lands, New Hands | 4/13/1987 | See Source »

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