Word: sovietizers
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...since 1927, TIME has selected the person, people or thing that, for better or worse, has most significantly influenced the course of world events in the preceding twelve months. In choosing the 59th Man of the Year, the editors considered such headline makers as Mikhail Gorbachev, the vigorous new Soviet leader; Nelson Mandela, the jailed black South African who symbolizes the struggle against apartheid; Bob Geldof, musical fund raiser for African famine relief; and once again, the terrorist. The editors eventually decided to look beyond the day-to-day news and examine a phenomenon with an enormous potential impact...
...expectations. Says Senior Editor Henry Muller: "In addition to the physical dimension--the construction and the traffic--we were struck by the openness and pragmatism of the officials we met. They subjected us to none of the ideological rhetoric you get from even the most enlightened officials in the Soviet Union or Eastern Europe...
...Four other newsmakers in the spotlight The Soviet Union's answer to the Great Communicator; an "implacable enemy of this world"; a symbol for South Africa's blacks; a rock musician who believes...
...times to $5 billion sales and more than $470 million in earnings; of Parkinson's disease and Alzheimer's disease; in Atlanta. In 1978 Austin negotiated an exclusive agreement to market Coke in China; the same year he made another deal to sell Fanta Orange in the Soviet Union, ending Pepsi's monopoly on U.S. drink sales there...
...justify what he often calls his "second revolution" in the name of that patron saint of Communist revolution, Karl Marx, Deng is well aware that the system he is evolving in China either ignores or defies many of the precepts most cherished by traditional Marxists (especially those running the Soviet Union). In the Chinese spirit of balance between yin and yang, Deng's second revolution is an attempt on a monumental scale to blend seemingly irreconcilable elements: state ownership and private property, central planning and competitive markets, political dictatorship and limited economic and cultural freedom. Indeed, it is almost...