Word: wealth
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Dates: during 1980-1989
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...Reagan era than the Adam Smith neckties worn proudly by presidential confidants. As President, Reagan has fused this faith in the economic invisible hand with the rugged individualism of the "Sagebrush Rebellion." Government is always seen as a rapacious tax collector standing between businessmen and the creation of wealth. The result is an Administration whose clarion call is "Enrich thyself." For Reagan, money is the measure of achievement, and he has left no doubt that he prefers the company of the wealthy. McFarlane, shortly after his suicide attempt in February, told the New York Times of the frustrations he felt...
...Thorstein Veblen could explain the eagerness with which moneymen like Boesky vied with one another in acquiring the luxurious trappings of a baronial life-style. But the insider-trading scandal, a grotesque perversion of the Reagan free-market ethos, was perhaps the inevitable consequence of the gospel of wealth run amuck...
Hart's personal financial situation is not precarious, say close colleagues, but he has so little accumulated wealth that with two children in college, he needed to begin work immediately. Said Dixon: "Like the rest of us, he can't afford to interrupt that income stream. He can't just take a year off and write novels." The author of two novels already, Hart does hope to start another one in his spare time...
...nuclear diffusion to one-third the level that President Kennedy predicted in 1961. In commerce, the General Agreement on Tariffs and Trade has helped to slow the growth of protectionism. In banking, cooperation has worked to contain the threat of massive defaults and to manage the vast shifts of wealth brought on by the OPEC cartel. New opportunites for progress may exist in areas as disparate as protecting the ozone layer, stabilizing exchange rates, establishing rules for capital movements and trade, limiting nuclear weapons, or even the use of peace-keeping forces. Further possibilities will doubtless appear with increasing frequency...
...write a cookbook, I would have returned with at least one fairly serviceable, all-purpose left-wing dish. Recipe for a Communist: Preheat a Third World dictatorship whose principal devotions are to its own maintenance and anti-Communism; coddle an oligarchy that controls 90 percent of the national wealth; skin off an educated middle class through exile or intimidation; chill dissent by suppression; crush peasants and workers with hunger and debts that make progress impossible; let foreign corporations porations drain the country of raw materials; stir in an army that reports only to the dictator and operates through terror...