Word: wall
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...look at young children, that's exactly where they start. But then by thinking about it, we develop a fairness ideal and a norm, where we say it's better in society if things are fairly distributed. Part of our response at the moment to Wall Street and the bonuses of the bankers is still that simple response: What are they getting, compared to what we are getting? So many people have nothing at the moment, and that enhances our sensitivity to it. But it's basically a monkey reaction...
What happened a year ago on Wall Street is exactly an example of what Smith was warning [about]. Society is not really made to be a purely competitive operation. And I think we have learned that lesson, but I don't know for how long. The whole argument that nature is red in tooth and claw, and for that reason society ought to be like that, is flawed. Because nature is not like that. If you look at our close relatives, you see animals who survive by cooperating. Yes, there is competition. There is dominance, hierarchy. They sometimes fight. They...
...streets with nearly 2 million people. Of course, if you were black, it was substantially less wonderful, its neighborhoods as segregated as any in America. On the northwest side, not far from where I grew up, a homebuilder had in the 1940s erected a six-foot-high concrete wall, nearly half a mile long, to separate his development from an adjacent black neighborhood. Still, white Detroit believed that the riots that ravaged Los Angeles in 1965 and a number of other cities the following summer would never burn across our town. Black people in Detroit, enlightened whites believed, had jobs...
...defiant inattention to market reality not only placed the less healthy firms in peril, but by pricing labor so uniformly high, it also closed off Detroit to any possible diversification of its industrial base. When the automakers' inattention to engineering, style and quality caused them to crash into a wall of consumer indifference, there was no other industry that could step forward and employ workers who would have been thrilled to make even a fraction of what they once earned. Now nearly 1 in 3 Detroit residents is out of work - and not many of the unemployed have a prayer...
...says Jan Techau, director of the Europe Program at the German Council on Foreign Relations. "But that passivity is inappropriate now, as Germany faces increasing demands from NATO - for example, burden-sharing in Afghanistan and on the general discussion about the future of NATO." (See pictures of the Berlin Wall...