Word: exploitationism
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But for every success, there are many failures and unfulfilled needs. Alberto Marulanda, owner of the biggest ranch in Colombia, needed a million pesos to put cattle on his 70,000 acres, but could not raise the money since U.S. investors argued that cattle are the first victims of civil...
THE SELF-BETRAYED, by Joseph Wechsberg (301 pp.; Knopf; $3.95). Czech-born Author Wechsberg often patrols the same prose beat as Tyrolean-born Ludwig Bemelmans; on it the major misdemeanors are underdone Wiener Schnitzel and overdone Central European whimsy. Wechsberg strays off his favorite beat in his second novel, a...
Western diplomats had been inclined to dismiss talk of an Afro-Asian conference as little more than a frisky showing-off by the young governments of the world's recently freed colonial areas. But when they read the Prime Ministers' statement of principles, the agenda and the guest...
Similarly, natural resources and public works policies ought to be carefully scrutinized. The "partnership" philosophy in the development of hydro-electric power is certainly open to question, and some of the restrictions on private exploitation of public resources seem to be in great danger. At face value, the President's...
The vision of greatness, coupled with the frustration of failing to realize greatness, has somehow fortified the Brazilians' nationalistic reluctance to let foreign investors and experts share freely in the development of their natural resources. No. 1 horrible example of nationalism defeating national interest is the legislation excluding foreign...