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...seem to think that allowing peasants to "grow what they wish" and "start private businesses" is a step toward the restoration of capitalism and perhaps even democracy in China. This has merely changed the status of the peasant from that of a serf to that of a sharecropper. The peasants cannot buy the land they farm, and this is what matters. The essence of capitalism is not making a profit. This can be done under the barter system. The basic element is the right of the citizen to own private property. In China, all the land is owned...

Author: /time Magazine | Title: Letters: Jan. 27, 1986 | 6/21/2005 | See Source »

...carrier for combat will take four more years, while a second Soviet carrier being built at the Black Sea shipyard will not be launched until 1989. Thus, for the moment, the flattop score remains firmly in favor of the U.S., which currently has 13 of the vessels on operational status. ISRAEL Warming Up the Cold Peace...

Author: /time Magazine | Title: World Notes: Jan. 27, 1986 | 6/21/2005 | See Source »

Anaya believes that his problems stem from a conservative campaign to undermine him. Says he: "Our agenda was aggressive and progressive, and anytime you shake up the status quo, you catch flak." As his term winds down, Anaya told a newspaper interviewer that "history will be nice" to his administration. Whatever the future brings, leaving the statehouse can only be a plus for Toney Anaya. --By Jacob V. Lamar Jr. Reported by Richard Woodbury/Santa...

Author: /time Magazine | Title: Unfriendly Fire: Flak for New Mexico's Anaya | 6/21/2005 | See Source »

...that serves as headquarters for the armed forces. There she met with about three dozen disgruntled lieutenant colonels in the air force. They complained that Aquino, who had promised to do away with military patronage, had arbitrarily promoted one of their less senior colleagues, Adelberto Yap, to full colonel status ahead of them. The President reportedly attempted to assuage the officers' feelings and agreed to study the issue of Yap's promotion...

Author: /time Magazine | Title: The Philippines: Taking Her Own Sweet Time | 6/21/2005 | See Source »

...week. Though rumors that Gaddafi was now part of a five-man ruling junta appeared to be unfounded, the colonel did seem shaken by the attack. Yet even as life in Tripoli returned to normal, so too did its regime's posturings. In the hope of milking their unusual status as victims for all its propaganda value, the Libyans posted grisly photographs of civilians, many of them children, killed by the raid. They also treated foreign journalists to carefully controlled tours of nonmilitary areas that had been damaged, they said, by American bombs...

Author: /time Magazine | Title: Libya: Nearly All Together Now | 6/21/2005 | See Source »

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