Word: tycooning
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...which counts among its members an eclectic group of unionists, businessmen and royalists - says it will keep fighting the government until it flushes out all representatives linked with Thaksin. The opposition alliance believes that the former billionaire tycoon-turned-P.M. was corrupt and manipulated a democratic system to entrench his own power. Thai courts have charged Thaksin with graft in several cases. On Oct. 6, an official from the British Home Office confirmed that Thaksin and his wife had applied for political asylum in Britain on the grounds that they will not receive fair trials back home...
...Beijing and Shanghai today, the famous rhetorical question posed by a British textile tycoon before the Opium War—what if every Chinese added just one inch of fabric to their clothing?—has found new meaning as a generation of Chinese artists now ask What if every European collector bought just one of my paintings? As Zhu Qi, author of the essay Art Capitalism in China writes, showings of Chinese art have become an “assessment index of artist’s position in art scenes and of his market price...
...call themselves the People's Alliance for Democracy (PAD), had been calling for Samak's ouster ever since he took office, labeling him nothing more than a puppet of former Prime Minister Thaksin Shinawatra, who himself had been deposed by a bloodless military coup in 2006. A billionaire tycoon who now lives in self-imposed exile in Britain, Thaksin has been charged with corruption in several different cases. (On the same day Somchai was voted in, the Supreme Court issued a third arrest warrant against Thaksin for failing to show up in court.) But even though Samak is gone...
...electoral politics. Some PAD leaders have advocated replacing an elected parliament with one in which some members are appointed, arguing that widespread buying of rural votes delegitimizes the polls anyway. "It's taken for granted in the West that democracy is the best system," says PAD leader and media tycoon Sondhi Limthongkul, sitting on a blue tarp that serves as the alliance's makeshift headquarters at Government House. "But all we are getting in Thailand is the same vicious circle of corrupt, power-hungry leaders. This system is not working...
...When you ask Hirst about his early influences, it's not an artist he brings up first. It's Charles Saatchi, a former ad tycoon and collector who established a gallery in 1985 to show his own collection. The sheer size of the place made Hirst think big. "I had never seen a gallery of that scale," he says. "Britain was always small. Then Saatchi came and put things on a big f___ing American scale. So I just started making work like that. It didn't matter that I didn't know where...