... communist political system. When President Deng announced that they needed Western money and expertise, China flung their trade doors wide open and China went on a capitalist drive without ever looking back. By mid 1960's, the Chinese Revolution settled down to the job of ruling China. Its main goal was essentially nationalist: a prosperous modern economy. While here continued to exist substantially economic inequalities, distribution of wealth was probably a bit more equal than in most Western countries. ( Moise 171 ) While there were great variations in income between different villages, and between different jobs ...

... of storm clouds massing over the Western Pacific and headed our way.� INFLATION Inflation affects everyone and most people are very elated about the recent inflation rates. Labor markets are tight therefor inflation is a threat but because of the biggest drop in energy prices in seven years inflation was practically eliminated. Last year inflation was set at 1.7 percent and most economists don’t expect this to rise above two for this year. Some are even Considering deflation to be the next step. In 1949 and 1955 were the only two other times that the CPI has declined. Despite this obstacle some be ...

... turning to a life of commonly accepted and profitable crime. Thomas Jefferson once said, "he who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me." Unfortunately, Thomas Jefferson lived in a different time. He lived in a time when piracy was not as evident and intellectual property was not worth so much. In China, the largest crime which is currently occurring is intellectual piracy. Unlike the pirates of old who plundered the merchant vessels and ports of the South China Sea, modern day pirates are more int ...

... cut your profit margin to beat the other competitors and you will sell more. Wal-Mart stole an average of over $10 million in an average sized Iowan Town. You want to beat Wal-Mart keep by keeping it from invading you town and making it a ghost land? Here are some steps that have been victorious in the past as how to keep Wal-Mart out. Quote Wal-Marts officers, they have been known to say very contradictory things for instance: Wal-Mart's founder Sam Walton once said "If some community, for whatever reason, doesn't want us in there, we aren't interested in going in and creating a fuss." or is the VP of Wa ...

... capitalist thinking? In the past, working people in America have had more opportunity to go into business or to get land for farming than anywhere else in the developed world. At the time the U.S. Constitution was written, it was generally assumed that only property owners should have the right to vote and participate in government. The "Free Labor" thinking of the Republican Party before the Civil War was basically a form of the capitalist work ethic. It meant that if 1) you were free yourself; 2) your country was "free"; and, 3) there was no slave labor to take your livelihood, you could "make something of yourse ...

... of both countries that will eventually pay off. There is also another factor to consider when discussing foreign aid: what kind of foreign aid is being offered. There are three different types of foreign aid: first, there is military foreign aid; second, there is foreign aid for the advancement of business; third, there is emergency foreign aid for food and medicine. Foreign aid to countries can help in many ways. It can be used as a tool in bargaining. For instance a country that has just received foreign aid or is expecting to get their regular installment of foreign aid will be more likely to listen to ...

... technical problems of measurement, the government has devised a widely cited poverty index that reflects the different consumption requirements of families depending on their size and composition, on the sex and age of the family head, and on weather they live in rural or urban areas. Based on past surveys, the designers of the poverty index determined that families of three or more person spend approximately one-third of their income on food. Thus, the poverty level for these families was, therefore, set at three times the cost of the economy food plan. For smaller families and persons living alone, the cost o ...

... and that other proposed policies, such as target zones and the creation of a supranational institution, are either unfeasible or unattainable. INSTABILITY IN FINANCIAL MARKETS In this section I examine four interpretations of how financial instability arises. The first interpretation deals with speculation and the subsequent “bandwagoning� in financial markets. The second is a political interpretation dealing with the declining status of a hegemonic anchor of the financial system. The question of whether regulation causes or mitigates financial instability is raised by the third interpretation; while the ...

... a "common sense revolution". This mixed with the huge unpopularity of Bob Ray's policies, made him a favourite for the upcoming election. With this new "common sense revolution", came Ontario Works, or workfare. (a program designed to help recipients find their cheques) The workfare topic was a huge issue to voters, and will effect not only the thousands of Ontario welfare recipients but every Ontarioan in one way or another. When the election was close, Mike Harris often called workfare his "hand up" on the other candidates, (Legislative Assembly of Ontario, Nov. 17, 1995, 846), arguing that the current welfare ...

... on TV that sports events would be minimized, or even non-existing without commercials, but there is a limit to everything. And the limit to this has been reached. Every time tou want to have a good relaxing football match in front of the TV you see COCA-COLA and IBM and all other known brands all over the TV so that it is hard to see the atheletes because of all the billboards. I think it sucks!. Of course the advertizers should have the oppurtunity to show their colors at sports events, but if it was a little but more discrete, it would certainly be a lot more enjoyable to see football game ...