Word: successors
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...guided free market, one that encouraged individual initiative while protecting people against cartels and the colder faces of capitalism. His cousin Franklin confronted capit alism's greatest challenge, the Great Depression, by following these principles. Half a world away, Lenin laid the groundwork for a command economy, and his successor, Stalin, showed how brutal it could be. They ended up on the ash heap of history. Although capitalism will continue to face challenges, internally and externally, it is now the economic structure for most societies around the world...
STEPPING ASIDE. ANDREW GROVE, 61, as CEO of Intel Corp.; in Santa Clara, Calif. Under Grove, TIME's 1997 Man of the Year, Intel became the world's leading chipmaker. He remains chairman; Craig Barrett, 58, is his well-groomed successor...
Hungry Duck owner Steele recently told Russia Review magazine that he spends about $500,000 a year on his "roof," from paying off the local police precinct to buying the higher-up connections in the militia and the FSB (the main successor organization to the KGB). Since he has to spend another $500,000 a year to protect his other bar, the quieter Chesterfield's, Steele loses 10 to 20 percent of his annual profits just to the "interests...
...later, appointing Rajath Shourie '95 the first reader representative on Feb. 2, 1994. An executive editor of The Crimson, Shourie was an established "insider," and his official job description "charged [him] with investigating reader concerns" and by implicit extension, providing justifications or excuses for Crimson policy. He, and his successor the following year, rather more represented The Crimson to its readers than the other way around...
...worked at Intel from the corporation's founding in 1968, and became CEO in 1987. When Barrett, who had overseen much of Intel's product development over the past decade, was made president in 1997, it was widely speculated that he was being groomed as Grove's successor...