Word: socialists
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Third World, even socialist countries like India have increasingly turned to private enterprise in the search for more production and jobs. In Latin America, debt-plagued Argentina, which owes $51 billion to foreign creditors, is striving to dismantle some of the stifling legacy of state enterprise created by former Dictator Juan Peron. Communist nations are making efforts too. In Eastern Europe, small but thriving outposts of free enterprise continue to exist amid the suffocating state presence. Half the wurst and baked goods in East Berlin come from the private sector...
...concentration of power in the hands of the few is precisely what has held many nations back. By wielding strong control over their economies, socialist states leave scant room for innovation, enterprise or experimentation. In a recent book, How the West Grew Rich, Authors Nathan Rosenberg and L.E. Birdzell Jr. write that the explanation for Western Europe's economic growth starting in the Middle Ages was the increasing dispersal of power in society. They conclude that this achievement "stemmed from a relaxation, or a weakening, of political and religious controls, giving other departments of social life the opportunity to experiment...
...their panoplies of statistics and computer printouts, as it is for bureaucrats of Third World countries where information may be limited and technical resources few. "It used to seem to me that the drift of all Western countries was toward something like socialism," says Economist Robert Heilbroner, a leading socialist thinker. "But now, when I reflect on what is happening in the / 1980s, it is not so clear. There is a sense of a return to the market, because the task of planning in a modern economy is so complex...
...American businessman building a company, the profit incentive is a powerful force. Capitalism is not a neat, orderly system. The street vendors of Lima or Peking or New York City, some basic examples of capitalism, are more chaotic than the orderly but often empty stores in so many socialist states. Capitalism's unruliness means that it will always be subject to swings of boom and bust. The system, however, presents the constant opportunity for profit and for improvement of the individual's lot. Countries that want to develop quickly or stay abreast in a rapidly changing economic world are finding...
Nationally, the Republicans and Democrats are moving closer together and farther to the right. Even those who dread the influence a legitimized Socialist party could wield must agree that voters are effectively disenfranchised if the candidates they are asked to choose from offer few genuine differences...