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

Frederic F ClairmontSubscribe to Frederic F Clairmont

Cuba The Turning Tide

THE convulsions that exploded four years ago must he analysed not merely in relation to the demise of the Soviet Union, but from the ravages of economic liberalism and unrelenting global capitalist stagnation: unemployment has returned on a scale not seen since the Great Depression; the Welfare State is unceremoniously demolished; inequalities between rich and poor are soaring astronomically, no longer dissimulated even by the figleal of electoral ballyhoo; their repressible concentration of Big Capital remains inseparable from the excrement of unstoppable political corruption, proliferating at exponential rates. Yet all conspiring to a single end: the abject unending liquidation of jobs, and the smashing of wages of the world of labour Meditations on the misfortunes of others cannot serve to rationalise the agony of the Cuban people, or diminish the incidence of their pain. For those liberal peddlers of salvation who tirelessly preach the gospel of laisser -faire as the Grand Panacea, the cataclysmic repercussions of the IMF/WB policies of structural adjustments, privatisations and deregulation in the third world, and elsewhere, are an apocalyptic reminder of the workings of Big Capital.

The Grand Malediction-Bretton Woods in Retrospect

Bretton Woods in Retrospect Frederic F Clairmont There is not the slightest possibility today of reconstructing a viable international monetary system The profits of finance capital are based on exponential creation of debt -corporate, household and government and a reordering of the international monetary system is incompatible with the interests of finance capital.

Malaysia The Unstoppable Tiger

Frederic F Clairmont The inevitable corollary of accumulation wedded to liberalisation, privatisation and accelerated integration into the world market is the frenzied drive to capital concentration in Malaysia, The global and domestic reverberations of these cataclysmic changes will, however, be vastly different from what the country's corporate expansionists and their political promoters are hoping for.

History of Chinese Healing Arts

Concepts of Chinese and Traditional Healing Arts: A Historical Review by P Y Ho and F P Lisowski; World Scientific Publishers, P O Box 128, Farrer Road, Singapore 9128, 1993; pp 105.

Operation Overlord On the Eve

autocratic rule of a chief to a very democratic set-up. No single tribe was united to be able to form a single large entity. Village or, to be more precise, a segment of a village

World s Top 200 Mega Corporations-Foundations of the Economic Gulag

World's Top 200 Mega Corporations Foundations of the Economic Gulag Frederic F Clairmont John H Cavanagh AS an unaccountable totalitarian monster, Big Capital and its political extensions have always sought

Alfred Marshall-Rise and Fall of Neoclassical Dogma

This article investigates the evolution of Marshallian neoclassical conceptualisations against the background of the tempestuous changes that restructured British and international capitalism between 1873 and 1914, It highlights the role of the Great Depression of 1873 which influenced Marshall's thought although, as he points out, business cycle theory occupied a peripheral role in his thinking. The contributions of Marshall to economic theory in the context of economic concentration, and the parallel upsurge of the labour and trade union movements are also examined.

Cracking of Japanese Finance Capitalism

The sheer weight of the implosion of the debt-based boom has shoved the Japanese economy into a downward deflationary spiral matched by a process of capital dis-accumulation not seen since the 1930s, LONG brandished by the uncritical as the paragon of economic miracles, the typhoon now hammering Japanese finance capitalism is characterised by deflation, stagnation, frustration and erosion of self-confidence. Given the depth and pervasiveness of these self-reinforcing assaults, the prospects of a recovery arc bleak. The yen's staggering surge since January is indicative not of the economy's strength but of the fragility of its monetary and financial underpinnings.

Media Moloch Blight of Doublespeak

reproduces a portrait of maharaja Dalip Singh in magnificent colour.) Countless times before the history of British India has been reduced toa history of few 'great men ', and this rather impoverished approach dominates The Raj. Even in this respect, the selection is partial, for we hear a great deal more about Hastings, Clive, Tipu Sultan, Ranjtt Singh, and other Indian princes than we do about the later Indian nationalists in the 20th century. The foreword by Haynes had promised that the exhibition (and catalogue) would endeavour "to see the British from the Indian point of view" [p 8]. Not only is this promise not kept, but the very opposite transpires: Indians are for the most part written out of history. The Raj is like the architectural photography in the 1860s of David Lyon, of whom Bayly says that "he stationed Indian employees our of sight but holding reflectors, in order to light the long corridors found'in some southern Indian temples" [p 272; emphasis added]. That is all that Indians are really good for in Bayly'svolume: for holdingthelights which would illuminate the greatness of the raj, into truth. The salient trait of doublespeak is the ability to lie, consciously or unconsciously, and to get away with it; it involves the grand scale technology of the superlic, and the masterly capacity to choose and select facts that meets the political imperatives of imperialism.

US State Terrorism Another Criminal Act

least once earlier; that was in the early 1970s. The DMK, which was in power then, dreamt no longer of assaulting Thiruvarangam Ranganathar and Chidambaram Natarajar with cannons; that was all a dead dream by then. But the old agenda was not fully lost. Braving the intense Vaishnavite offensive, the DMK government under M Karunanidhi got the Hindu Religious and Charitable Endowments Act amended in 1972 so that any qualified person, irrespective of caste, could become a priest in the 10,040 government managed temples. The intention of the move was loud and clear. As the advocate- general of Tamil Nadu claimed, the amendment was meant "to abolish brahmin monopoly in religious affairs..." The swiftness with which the amendment was challenged by the brahmins was indeed a testimony to their celebrated efficiency. Sixty-six brahmins filed 12 writ petitions in the Supreme Court. Nani Palkhivala, in contrast to his spirited defence of laissez-faire during the anti-Mandal agitation, argued then for the protection of brahmin privilege. The highest court of the country ruled that Articles 25 and 26 of the Constitution, which deal with the freedom to practise one's religion, are "not limited to matters of doctrine...[but] extends also... for rituals and observances, ceremonies and modesof worship which are an integral part of religion". Using all its judicial wisdom, it specified further: "the ritual in a temple could not be performed except by a person belonging to a specified denomination; otherwise the purpose of worship would be defeated." How could it allow the purpose of worship to be defeated? The plea of the brahmins was upheld and garbhagaraham continued to remain as their exclusive preserve.

Mitterrandism and the SPF-On the Edge of Doom

There are many interrelated facets that have gone into the disintegration of the Socialist Party in France, but the primordial catalyst remains soaring mass unemployment.

China The Awakened Prometheus

What has staggeringly accelerated the pulse of China's growth in the last decade has been the dynamic of the diaspora

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