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...heart of Gilder's argument is the notion that the breakthroughs in quantum physics in the early 20th century, which provided the theoretical basis for microelectronics, also laid the groundwork for sweeping changes in the world's economy. In the past, a nation's wealth sprang from its natural resources and its ability to fashion raw materials into manufactured products. But the computer has put a premium on information, not raw materials or manufacturing prowess...

Author: /time Magazine | Title: Technology: Who's Afraid of The Japanese? | 10/23/1989 | See Source »

...absolute ascendancy over the Soviet Union? In this book Medvedev backs away from his earlier position that Stalinism was essentially an aberration on the road to a more benevolent Communism envisioned by Lenin. The historian has re-examined the totalitarian system created by Lenin and now suspects that Stalinism sprang from Leninism, as many American Sovietologists have concluded. Though Medvedev never fully confronts this issue, he emphatically makes one crucial point: when Lenin banned all opposition groups and factions in 1921, the ensuing one-party dictatorship was "a very important condition for Stalin's usurpation of power." Addressing the readers...

Author: /time Magazine | Title: Books: A Monster Brought to Life | 6/26/1989 | See Source »

...appropriate start -- first uplift, then excess. Just like the original revolution. Reconciliation is the official theme of the 200th anniversary of modern France's cataclysmic birth, but nearly four months into the celebration the French seem as much cleaved as healed by the occasion. For if the revolution sprang from the idealism of the Enlightenment, promising liberty and equality, it soon deteriorated into a bloodbath that led to a dictatorship. Ever since, lurching wildly through two empires, two royal restorations and five republics, democratic France has tried to bridge the contradictions posed by its brutal beginning. Even today, when...

Author: /time Magazine | Title: France Liberte, Egalite, Fraternite? | 5/1/1989 | See Source »

...mile road built by black slaves. During the colonial period, Harlem became a retreat for the Bleeckers, Delanceys, Beekmans and Rikers and in the 19th century a chic suburb for the well-to-do. Then, around 1880, the city extended its elevated lines to the north. Handsome neighborhoods sprang up, and by the early 1900s, Harlem bustled with urbanity. But the speculators had built too much too fast. So in 1904 a black real estate agent named Philip A. Payton rented apartments to blacks who were even then being displaced from their midtown homes by the new Pennsylvania Station railyards...

Author: /time Magazine | Title: Travel: Welcome To New Harlem! | 4/24/1989 | See Source »

...typical setup is a "boiler room" in which a dozen or more employees reading from sales scripts feverishly work the phones, contacting hundreds of potential victims a day. Thousands of boiler rooms are located in the Sunbelt states stretching from Florida to California. At one point, so many sprang up in part of Fort Lauderdale that federal investigators dubbed the area "Maggot Mile...

Author: /time Magazine | Title: Reach Out And Rob Someone | 4/3/1989 | See Source »

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