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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: socialism

socialism stories: 35 news summaries

21 - 35 of 35 Stories | << Prev 1 2

OPINION

Bailouts a Fling for Nation Married to Free Market

Bailouts not a betrayal of free market ethos, really

(Newser) - Washington's bailout of the auto industry would normally "be a turning point in the history of American Capitalism,” writes Steven Pearlstein of the Washington Post. Now it’s business as usual in “Bailout Nation.” That doesn’t mean the US has abandoned its free market... More »

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socialism capitalism auto industry free markets bailout auto bailout

Who Are You Calling a Socialist?

McCain: Obama's tax cut plan is 'welfare'; Dem: Mac 'out of touch'

(Newser) - Values and socialism dominated the sharp rhetoric on the campaign trail yesterday, as the presidential candidates exchanged fire over Barack Obama’s plan for middle-class tax cuts, Politico reports. At rallies in North Carolina and Virginia, two traditionally red states where Obama has made inroads, John McCain accused him of... More »

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Barack Obama John McCain taxes middle class socialism welfare values Election 2008

OPINION

US Attempts
a Very Chinese Bailout

Beijing blazed this trail in '98, and dependence more important now

(Newser) - Wondering how the bailout will work out? Look no further than China, David Ignatius writes in the Washington Post. Beijing test-piloted exactly this kind of strategy, doling out $15.1 billion to buy up companies gashed by the 1998 Hong Kong market crash. Now, he writes, the Chinese need to... More »

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China Hong Kong socialism bailout financial crisis Hang Seng Index

Chavez: 'Hola, Comrade Bush'

Irony of White House plans to buy stakes
in banks isn't lost on Venezuelan prez 

(Newser) - A smirking Hugo Chavez noted the US bank bailout yesterday and duly welcomed George W. Bush to the club of socialist leaders, reports Reuters. Hailing "Comrade Bush" was high praise from the man who has variously referred to his American counterpart as the devil and a drunk, but Chavez... More »

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socialism nationalization bank buyout Hugo Chávez George W. Bush financial crisis

Socialists:
Rescue Plan's Not Our Bag

Far left thinks $700B bailout is just capitalism remixed

(Newser) - Some on the right are decrying the $700 billion rescue plan as a step toward American socialism, but the real socialists beg to differ, the Wall Street Journal reports. “Bailing out the biggest financial corporations in the country is a far cry from what we have in mind when... More »

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Communist Party socialism capitalism bailout rescue package financial crisis

Opinion

Don't Rejoice Over Starbucks' Closing Doors

Anti-capitalist fools celebrate as 12,600 lose their jobs

(Newser) - Starbucks is closing 600 stores in the US and 61 in Australia, and anti-capitalists everywhere are thrilled. Never mind 12,600 losing their jobs: It’s “a small price to pay if it means being able to walk one’s labradoodle … without having to see or smell a... More »

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Starbucks socialism Karl Marx

Hard Workers in Cuba
Will Finally Get Their Due

Wages will be tied to productivity

(Newser) - Raul Castro has ordered employers to create new salary structures that include extra pay for increased productivity—a bold departure, by Cuban standards, from Socialist orthodoxy, the Miami Herald reports. Under the current system, workers get a flat fee based on their job descriptions with no hope for incentives. Low... More »

Obama Senior's Long-Lost Political Writing Surfaces

Elder Barack critiqued Kenyan socialism

(Newser) - A mid-'60s treatise on Kenyan socialism has been causing a stir in the 2008 US presidential election, Politico reports, because of its author—Barack Obama Sr. Titled “Problems Facing Our Socialism,” conservative bloggers believe the paper reveals the elder Obama’s hidden communist leanings. But the scholarly paper... More »

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Barack Obama Kenya socialism father Dreams From My Father

Former Ally Now Rivals Chavez

Ex-defense minister pressed Chavez to admit referendum defeat

(Newser) - An ex-ally has become a formidable rival for Hugo Chavez after the president's defeat in a constitutional referendum that would have given him more power and the right to unlimited reelection. The Wall Street Journal explores the career of Raul Baduel, Chavez’ former friend and defense minister, who protected Chavez... More »

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communism Venezuela socialism constitution Hugo Chávez referendum Raul Baduel

Exit Polls Give Chavez Victory

Opposition doubts
early results as supporters party
in the streets

(Newser) - Chavez supporters waved flags in the streets today as exit polls showed him winning a referendum by six to eight points, Reuters reports. Anti-Chavez forces rejected the numbers, leaked by government-connected sources. "According to our information, it is a statistical tie," said the popular mayor of Caracas. He... More »

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Venezuela socialism dictatorship vote Hugo Chávez referendum Venezuela Constitution election

Venezuela Calmly Goes
to Polls

Chavez seeks to end prez term limits, enact socialist reforms

(Newser) - Polls are orderly today as Venezuelans decide on an amendment that may make Chavez president for life, Reuters reports. Most surveys say voters are split 50/50 on the referendum, which Chavez vows will win by 10 points and usher in “21st century socialism.” Opponents say the changes, which... More »

Chavez Threatens Oil Cutoff

Warns US against trying to sabotage vote

(Newser) - Hugo Chavez has threatened to cut off oil to the US if it tries to sabotage tomorrow's referendum, which will allow the Venezuelan president to run for re-election indefinitely, Reuters reports. He's sent the army to protect oil fields in case violence follows the vote to change the constitution and... More »

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oil Venezuela socialism Hugo Chávez referendum

MLB's Future
in Venezuela Uncertain

Political mandates could push baseball
out of huge talent pool

(Newser) - Baseball is big in Venezuela, and vice versa: 200 Venezuelans have played in MLB, including 50 who are currently active. You’d expect clubs to be racing to the country in search of talent, but concerns about Venezuela’s political climate are actually scaring them away: The Padres, Orioles, Red... More »

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MLB Venezuela socialism Hugo Chávez baseball

Chavez Vision Roils Nation

Constitution overhaul expected to pass, would make him re-electable for life

(Newser) - Hugo Chavez's grasp on Venezuela is about to tighten as the country inches toward a virtual dictatorship and expanded socialism—a development that has support among the poor but is drawing dissent from economists and former army officials. An expected revision of the Constitution would drop the workday to six... More »

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Venezuela socialism capitalism Constitution Hugo Chávez coup d'etat

Chavez Decrees Dry Holy Week

Ban on booze aimed
at drink-fueled accidents, inspires secret imbibing

(Newser) - No Easter imbibing, decrees Venezuelan president and socialist icon Hugo Chavez. Chavez has instituted a Holy Week liquor ban in restaurants to combat the hundreds of drunk driving deaths that occur during holidays in Venezuala. While some citizens applaud his boldness, others say they cannot follow their fearless leader quite... More »

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Venezuela prohibition alcohol socialism drunk driving Holy Week Easter Hugo Chávez

21 - 35 of 35 Stories | << Prev 1 2