Word: wealth
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Dates: during 1980-1989
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...certainly nothing boring about this Rake. For all its flashy images, the production captures the opera's cautionary moral spirit. Russell, however, is more concerned about a contemporary demon. Tom and Anne are watching TV as the opera opens, and the commercials excite his desire for the wealth flaunted by Nick Shadow. At the end, having fought off one devil, Tom gazes at the other-a TV screen-with fellow mental patients. In a chilling coup de théátre, the principals are led into the asylum, gibbering as they warn of the dangers of idle minds...
This display is no coverup. Worldly Goods is a strong story, well told and undoubtedly well edited, about unspeakable betrayal and cold-blooded revenge. As its title suggests, there is a premium on getting, spending and preserving wealth and status. Characters talk in nine and even ten figures. A New York City mistress is taken to Paris for lunch and Cuernavaca for a sunbath. Markets are rigged by big shots who are never out of contact with their intercontinental flunkies; one even has a telephone in his refrigerator in case he gets a call while "taking" a snack...
Walter Isaacson's discussion of Michael Novak's book The Spirit of Democratic Capitalism [May 10] revealed an essential truth. Neither patriotism, altruism nor caritas will inspire humans to produce. Only capitalism, as Novak says, tends to expand the wealth of all by providing incentives for productivity. And the greatest incentive that capitalism holds out is money...
...ideal of capitalism is to generate long-term wealth for the general welfare. Unfortunately, in everyday practice capitalists extract as much short-term profit as possible. As America concentrates more of its wealth in fewer but larger corporations, we will forsake our moral strength and ethical honesty. Novak may believe what he has written. However, his theory abandons all values save that of the dollar...
...land reform program was started with two main objectives: 1) to end the feudal stranglehold that a few families held on the country's agricultural and economic wealth, and 2) to deprive the growing leftist insurgency of an opportunity to exploit the grievances of the peasantry. It was to be carried out in three phases...