In terms of natural resources, Africa is the world's richest continent. It has 50 percent of the world's gold, most of the world's diamonds and chromium, 90 percent of the cobalt, 40 percent of the world's potential hydroelectric power, 65 percent of the manganese,...
WORLD
Iraq: The Wrong War
President Clinton's air strike against Iraq is more than geographically misguided. Clinton is fighting the wrong country for the wrong reasons. Because he "doesn't want to take sides," Clinton has launched missiles and flown patrols well away from the battle area,...
Israel’s–and America’s–Fundamental Choice
Over the coming months, the Clinton Administration will pressure the Israeli government to moderate its "impractical" stand toward the Arab countries. But the only practical policy in the Middle East rests upon the very opposite of moderation: the courage to act on...
The Awakening of the Soviet Union
The Russian people do have a chance and a future — once Communism is finally relegated to the “dustbin of history.”
Tell the World: What Happened in China and Why by Liu Binyan
China’s turmoil and tragedy are almost certainly far from over.
South Africa’s War Against Capitalism
Professor Williams demonstrates is that apartheid is not an example of capitalism but something much more akin to a mercantilist-interventionist state, in which government bestows privileges, favors, and monopoly positions on a select group at the expense of others in the society.
Panama and the Canal: Children of American Imperialism and Socialism
And now at the end of the 20th century, when the world is turning away from socialism and the idea of government planning, has the United States even suggested the privatization of one of its largest socialist enterprises? No. Instead, the U.S. government will completely transfer state ownership of the canal to the Panamanian government in the year 2000. Such is the conduct of the global bulwark of capitalism.
On the Edge of Hyperinflation in Brazil
Brazil is a vast country, larger than the continental United States. It is rich in resources and human talent (like America, Brazil is a land of immigrants of various backgrounds and nationalities). If left free and unshackled from government intrusion it could easily become an economic giant in the span of one generation.
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