Word: vanguardism
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Still, despite polls that show tepid support at best for the reforms - as well as the growing anti-reform protest movement by university students, a cohort that used to be a reliable vanguard of Latin American leftism - Chávez is expected to win on Sunday. That's largely because the fiery anti-U.S. leader knows how to get out his base. His administration has politically and economically enfranchized the majority poor for perhaps the first time in Venezuela's history and he has been very skillful at whipping up that mass of his support by portraying contests like this...
...London, where he continued to write reviews and celebrity profiles. In 1960 he talked his way into a trip to New York with a group of architects visiting the city's buildings and did a story for the Yorkshire Post on Lenny Bruce, whom he saw at the Village Vanguard and corralled outside for a 10-minute interview. Stoppard was taken by the irreverent comic (he even recalls some of his jokes, like Bruce's plea for world peace, urging all the nations of the world to get together and "kick the s___ out of the Polacks...
...such old-school "anti-imperialist" posturing appears somewhat anachronistic, if not hypocritical, when an economically resurgent China - no longer the Maoist backwater once so admired by India's Communist vanguard - looms large to the north, while some of the Indian leftists, like the Communist government in West Bengal, advocate trade-friendly reforms and the creation of special economic zones...
...Vanguard rocket that the U.S. hoped to send up that morning was a modest, --pencil-like thing, but in what was already the American fashion, we switched on the TV cameras to let the world watch the show. A show is what they got. The rocket flew for a total of 2 sec.--and traveled 4 ft. (1.2 m)--before eating itself in a fiery explosion. The global hilarity was immediate, but U.S. officials--who had much to learn about the science of rocketry but clearly knew plenty about the art of spin--would have none of it. Asked...
After graduation, Bogle went into the mutual-fund business, later founding the Vanguard fund family, now the country's second largest. As he had predicted, mutual funds became an ever bigger force--they and other institutional investors now own more than 70% of U.S. stocks, up from about 10% when Bogle wrote his thesis. Professionals managing other people's money dominate almost every financial market, from bonds to pork-belly futures to collateralized debt obligations...