Word: view
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Dates: during 2000-2000
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...inclusion in the world system. This is the American myth of the 1990s. We Americans, for example, see a rigid trade-off between economic success in the age of globalization and military power. We think other countries can have one or the other but not both. This simplistic view, however, forgets even our own history, as well as the history of other rising states. The rise to superpowerdom in the U.S. in the 1940s and 1950s was accompanied by sharp growth in economic and military power. Each fueled the other. We forget this because as a status quo power...
Progress is more plausibly judged by the reduction of deprivation than by the further enrichment of the opulent. We cannot really have an adequate understanding of the future without some view about how well the lives of the poor can be expected to go. Is there, then, hope for the poor? To answer this question, we need an understanding of who should count as poor. Some types of poverty are easy enough to identify. There is no way of escaping immediate diagnosis when faced with what King Lear called "loop'd and window'd raggedness...
...social justice. Democracy is recovering some of its lost ground in Asia, Latin America and even Africa. Gender equity and basic education are beginning to receive more attention in India, Bangladesh and elsewhere. I am not unconditionally hopeful, but certainly conditionally so. We must, however, take a sufficiently broad view of poverty to make sure the poor have reason for hope...
...VIRTUAL-REALITY ACTORS Pay-per-view will become pay-per-play, allowing these pros to interact with you in cyberspace dramas. Scriptwriters will also be in high demand, as mouse potatoes clamor for new story lines to escape from their droned-out existence...
...precise reason for the market's stormy Monday, the specter of more interest-rate hikes was a recurring theme, particularly in light of record trade-deficit figures released last week that signaled the economy is still expanding at a pace that has Fed chairman Greenspan nervous. "The dominant view had been to expect a further one-quarter percent rate hike in June, but if the economy continues to show strength that may well turn into a half-point increase," says TIME Senior Business Writer Bernard Baumohl. "Even in increments, the rate increases eventually dim the outlook for profits, and that...