Word: 80s
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Personally, he says, the Chinese now have great freedom. "I can say what I want. If you succeed here, it depends on yourself, not on politics." As recently as the '80s, he says, the government was far more intrusive into corporate and personal life: development has been a cycle of shou, tightening, and fang, release--tightening, release. "Now we are in a period of release," says Wang, "and that's always hardest for the authorities to handle...
With the '80s finally explained, we can return to the question of what really happened at Roswell. According to which experts one chooses to believe: there may have been more than one crash site; the U.S. government may have recovered dead aliens (the number varies) as well as a salvageable spacecraft; the craft may have been a secret government prototype and the dead aliens may have been test chimps with their fur eerily singed off or, as Popular Mechanics hypothesizes this month, imported Japanese pilots who had been flying similar experimental craft during the war; then again, the wreckage...
...failed to crack Billboard's Top 10. And what's worse, these CDs have been creatively wanting--the Chemical Brothers' Dig Your Own Hole (Astralwerks) features a few songs that energetically blend rock and hip-hop, but Public Enemy and the Beastie Boys did it better in the '80s. The Future Sound of London's Dead Cities (Astralwerks) is as exciting as a dead Tamagotchi, and Underworld's Pearl's Girl (Wax Trax! Records) is only a trifle more fun than having a fax machine call you on your voice line...
...ways in which U.S. industry has become supercharged in the '90s. The restructuring that tormented America's companies--and especially its workers--in the early part of the decade has made firms brutally competitive. And the deregulation that began with airlines and trucking in the 1970s and '80s is bringing price pressure to bear on such once cozy fields as utilities and telecommunications. Says Stephen Roach, Morgan Stanley's chief economist: "Deregulation is a critical dynamic in spreading the forces of competition...
...economy behaved this way was during the postwar boom, in which Americans enjoyed the fruits of economic prosperity but blindly followed the institutions they felt brought this plenty to them. Now with the added sensibility gained by resurgence in the 1960s and economic humiliation in the 1970s and '80s, Americans have learned that we are all responsible for ourselves and our prosperity, and this has paid off. That a sense of self-worth is possible for every American is an ideal upon which our country was founded. Perhaps this is a permanent shift, where prosperity is balanced with wisdom...