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...only leads to capitalism?" a crucial New Year's newspaper editorial asked. Once the Cultural Revolution has everyone in tune with the interests of the peasants and workers, the work can go been criticized: In the long run, Mao argues, a socialist economy with a firm ideological base will surpass, any capitalist economy. the Russians have succumbed to the short-run lures of capitalism; the Chinese, Mao is convinced, must be more careful...

Author: By T. JAY Mathews, | Title: Trouble in China | 1/12/1967 | See Source »

...that ever-widening circle of giving outside the family, Christmas sometimes takes on an aspect of the potlatch, a ceremony of the Kwakiutl Indians of the Pacific Northwest, during which the chiefs showered gifts on each other. Their object was to surpass a rival in generosity, and to crush him under future obligations. To avoid this nowadays, ground rules must be observed. Within an office, the first move must come from the superior-and if the subordinate responds with a gift, it should be clearly less valuable...

Author: /time Magazine | Title: Essay: THE ART OF GIVING | 12/16/1966 | See Source »

...board chairman to Kresge's Detroit headquarters. Son Stanley, 66, succeeded his father as chairman of a company that is now second in its field only to F.W. Woolworth & Co., has 930 variety or discount stores (against Woolworth's 3,266). This year Kresge expects to surpass $1 billion in sales for the first time, and its annual sales growth rate of 12.5% is matched among retail chains only by Sears, Roebuck...

Author: /time Magazine | Title: Executives: The Pinch-Penny Philanthropist | 10/28/1966 | See Source »

...musical events. Snaring topflight musicians is easy, says Indiana's Dean Wilfred Bain (with some exaggeration), because "people who push brooms are treated better than symphony players." Beyond that, the lures of the campus include more security, fatter pensions, sabbatical leaves, tenure, and salaries that match and often surpass those offered by the orchestras. For many, the chief attraction of a university post is simply a chance to catch one's breath. Admits Pittsburgh Symphony Conductor William Steinberg: "Playing in a university string quartet is a vacation compared to the grueling work required of symphony musicians...

Author: /time Magazine | Title: Orchestras: Flying the Coop | 10/7/1966 | See Source »

With each new book he writes, any conscientious author tries to surpass his best previous performance. In the case of Edwin O'Connor, his best previous performance was The Last Hurrah (TIME, Feb. 13, 1956), an unforgettable portrait of an Irish politician doomed, like the torchlight procession, to extinction. O'Connor's next two novels, The Edge of Sadness and I Was Dancing, fell progressively short of Hurrah's high mark. All in the Family falls shorter still...

Author: /time Magazine | Title: Books: Off Form | 9/30/1966 | See Source »

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