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...people have been willing to put up with an authoritarian government so long as it generated jobs and opportunities. Now, with the economy slowing, growth needs to be maintained, goes conventional wisdom, at a minimum of about 8% - in part to forestall the labor unrest that Beijing fears could spread and turn into protests against the ruling Communist Party. Despite its domestic agenda, the stimulus package has been warmly welcomed overseas, too. The day after it was revealed, share prices from Hong Kong to London surged. And by again taking action along with the rest of the world (Beijing...

Author: /time Magazine | Title: The Moment | 11/13/2008 | See Source »

...parted with her sister again. "Everybody hugging, crying." She winces. "Sad." On the tarmac, planes are ready to scatter families to Dubai, to London, to Rome, to Hong Kong. Women sit in window seats, bracing themselves for another year, or another three years. As night falls, they watch Manila spread out beneath them. The lights of their houses are on, but the lights of their homes are already gone...

Author: /time Magazine | Title: The Motherless Generation | 11/13/2008 | See Source »

...Spreading the Wealth Around In his essay, Michael Kinsley agrees with Barack Obama that when governments spread wealth around it is "good for everybody" [Nov. 10]. Kinsley asks, "Who disagrees?" Anyone who knows anything of history would disagree with that assertion. Marx and Lenin advocated a similar idea: "From each according to his ability; to each according to his needs." The reality of a system where hard work is not rewarded is that people lose their incentive to work. That means there is less wealth to share, which is hardly "good for everybody." In the Soviet Union, it took about...

Author: /time Magazine | Title: Inbox | 11/13/2008 | See Source »

...final line of Kinsley's essay was telling. He implied that unless we spread the wealth around, we'll turn into a Colombia or Mexico, where people "live behind locked gates and hire guards to protect their family from kidnapping." Is Kinsley suggesting that to ensure their own safety the better-off should, via the government, pay protection money to the less well off? This would be playing with public money a similar game to the one rich people in banana republics play with their personal money. Mark A. Mendlovitz, Los Angeles...

Author: /time Magazine | Title: Inbox | 11/13/2008 | See Source »

...additive called melamine. Industrial-grade melamine is a masking agent used to hide the dilution of protein, in this case in milk products, including an infant formula widely popular in China. Nearly 53,000 small children in China have developed kidney stones, four have died, and product recalls have spread to 11 countries, including the U.S. The recall list includes seven instant-coffee and milk-tea products made in Taiwan using Chinese milk. (Melamine also tainted the pet food that harmed so many animals in the U.S. last year...

Author: /time Magazine | Title: Heparin's Deadly Side Effects | 11/13/2008 | See Source »

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