ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Frederic F ClairmontSubscribe to Frederic F Clairmont

Elections in Germany and Brazil

The elections in the Federal Republic of Germany that witnessed the victory of social democracy and the Greens and in Brazil where a Workers' Party registered a landslide victory are significant in many ways. Most importantly, they have both set in motion a polarisation of class forces having in their own different way. Brazil has repudiated the Free Trade of Americas and unequivocally condemned US policy on Iraq, as has Germany.

Venezuela : Hugo Chavez: The Fall and Rise

The overthrow of the government of Hugo Chavez in Venezuela and its reinstatement has given a new lease of life to the revolutionary processes unleashed since the constitutional victory of 1998 by the Fifth Republic Movement. The aftermath of the recent putsch affords an opportunity for stocktaking.

Global Steel: Towards a Meltdown

The Bush administration's decision to impose tariffs of up to 30 per cent on steel is not only designed to save the US steel industry from imports, ostensibly for a three-year period, but also to accentuate its consolidation with massive subsidies and tax write-offs. Whether these measures will achieve their goals is open to question.

Argentina: Implosion of Neo-Liberalism

The implosion of Argentine capitalism is occurring at the same time as the sweeping radical changes in Venezuela. Argentina and Venezuela are decisive episodes of an unfinished revolutionary process at the start of 2002.

Porto Alegre: 'Another World Is Possible'

The World Social Forum at Porto Alegre offered no blueprint for countries and for all time. It was rather a forum that offered to tens of thousands of courageous men and women, rigorous analyses of the international capitalist order and above all, gave a call for action to replace it.

Debacle of Neo-Liberalism

Let us ask the question of questions in view of the staggering calamities engendered by two major world depressions of the 20th and 21st centuries and the havoc wrought by neo-liberalism: Is capitalism capable of reforming itself? By what modalities?

Dilemmas of Imperialism:Enfeebled Dollar

There are no buoyancy factors within the US internal market that could give a fillip to a US upturn. The international market, with the exception of China, has similarly entered a state of sustained deceleration. Hence the plight of the wobbly dollar bodes ill as US capitalism lurches from one crisis to another.

Genoa: Agony and Ecstasy

The brutal repression of anti-capitalist protesters at Genoa revealed the naked face of monopoly capitalism, dominated by a few nations and trans-border corporations. Yet despite their isolation, key figures in the G-8 summit saw it in their own interests to co-opt the protest movement to placate angry votebanks at home.

Return of Mr Blair

The showbiz spectacle of parliamentary democracy is over and once again Tony Blair has scrambled to the top of the greasy pole. What was the substance of Blair's victory? What social classes will be the beneficiary of his rule?

US

President Bush inherits a poisoned chalice with climbing rates of child poverty, no organised health insurance, an America perched on a mountain of unsold and unsaleable inventory and burgeoning domestic and foreign debt.

Implosion of Japanese Capitalism

For nearly a decade now, Japan has been in the throes of a severe economic and political crisis. The dazzling growth of capitalism in Japan came to an abrupt end in the late 1980s when rising corporate debts and bankruptcies followed alongside overproduction and deflation. The crisis has given rise to a widespread cynicism among the public, who fear the prospect of rising unemployment and declining spend on social security.

Letter from Havana

The recently concluded Third International Conference of Economists in Havana delivered a scathing criticism of the impact of neo-liberalism and market forces on Latin America. This region has seen widespread devastation following the slow down of the US economy - a fall in commodity prices; decline in per capita income have conspired to make it much poorer than it had been in 1980.

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