Word: socialists
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...government is making us pay for its mistakes." Frenchmen were particularly goaded by the fact that they will have to carry a carnet de change, a kind of financial passport complete with a photograph of the bearer, as they pass across the national frontier. Said the usually pro-Socialist newspaper Le Monde: "France is copying the East bloc countries. On the pretext of saving foreign currency, it is setting up a gigantic control system in order to hinder the freedom to come...
...PROMINENT MONETARIST has called the EMS "a fundamentally flawed idea," arguing that it is untenable to align foreign exchange rates without fixing monetary growth rates. Statistics support the observation. The free-spending socialist government has allowed the French money supply to grow at a 14 percent clip in the past two years. The German rate snailed at 2 percent for a similar period, partly because of conservative fiscal policies. A high French inflation rate (9.5 percent) and staggering external trade balance ($13 billion) have slowed the French economy while the German trade balance sprinted ahead, reporting a $3 billion surplus...
...basic choices: the "Puerto Rican" model with virtually complete economic dependence on the United States and the Cuban example of reliance on Soviet support. Manley sought to place Jamaica somewhere between these two poles. He and the PNP set out to develop a mixed economy with an emphasis on socialist techniques within the framework of Jamaica's democratic political system Meanwhile, he pursued a vigorous foreign policy in concert with the burgeoning non alignment movement...
...normal that there should be more than 5 million French men and women who choose the Communist Party," Francois Mitterrand told his Socialist supporters back in 1971. Those may seem to be hypocritical words for a politician who later joined the Communists in an alliance and who, after his election as President in 1981, became the first head of a major NATO member to offer Cabinet posts to Communists. But they accurately reflect the deep-rooted mistrust that continues to trouble the Socialist-Communist marriage of convenience...
...economic reforms have run into ideological opposition, with some orthodox Communist cadres questioning whether they can properly be called socialist. Officials thwarted a group of peasants who wanted to start a transport business by calling them capitalists and confiscating their vehicles. But publicity in the national press forced the officials to return the vehicles. The government, similarly, ordered a Shanghai rubber-research institute to reinstate an engineer who had been demoted for helping a small factory improve its miniature rubber bearings during his off-hours. Wang Ying, an independent fruit vendor in Peking, found herself on the front pages...