Word: socialists
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...move should be perceived largely as a signal to the industry that board directorships should not be awarded as honorariums. One of the great risks a capitalist society faces is the uncertain stability and credit worthiness of its banking institutions. By refraining from nationalizing the industry, unlike most European socialist countries, the United States is placing great faith in the management of individual banks. The FDIC must use the opportunity of Continental Illinois's brush with disaster to remind bank directors of the trust placed in them. (The FDIC had to wait until media focus shifted away from the bank...
...Brother could have been alive or dead, a man or a god, an ex-socialist or an ex-capitalist. The main thing is, the society Orwell portrays has no real politics; it is just a system of lies and terror which has lost any raison d'etre besides self-perpetuation. And this situation is not all that dissimilar from what we say last year all over the globe and here at home...
Deng's campaign moved forward on several other fronts last week. A pamphlet containing Deng's major pronouncements over the past two years went on nationwide sale at 10 cents a copy. Titled Building China with Socialist Characteristics, the 72-page booklet stressed productivity as the solution to China's ills. According to Deng, every worker must "find a thousand and one . ways to make the country prosperous," because "when our state is powerful, all will be well." A day later Premier Zhao Ziyang announced in a speech that the rigid wage system for government workers would be loosened...
...defended against American domination," says Jean-Jacques Servan-Schreiber, author (The American Challenge) and former Cabinet minister who heads the government's computer-development agency. "Now instead of being afraid of America, we are forging all possible links." Despite disagreements over Central America and Libya, Mitterrand's Socialist government has turned out to be among the Reagan Administration's best allies in Europe, supporting it on most East-West issues, especially the deployment of new NATO missiles...
...President's TV defense overshadowed Premier Laurent Fabius' ringing final admonition to the Socialist convention, in which he declared: "It is absolutely essential to avoid turning back, to avoid the reaction sought by the right, which would bring this country economic traumas and social shocks." Fabius asked, "Does this country really want the right to come back?" To stir combative Socialist spirits, the Premier challenged two of the opposition leaders, Neo-Gaullist Paris Mayor Jacques Chirac and center-right former Premier Raymond Barre, to television debates. Both declined. With a semblance of party unity restored, delegates could agree...