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

Articles by Frederick F ClairmonteSubscribe to Frederick F Clairmonte

GATT The Real Issues

THREE sectors: services, textiles and farm subsidies constitute the trinity being fought out in GATT. The outcome of these negotiations may well determine (he trajectory of the already badly flawed and misleadingly billed, multilateral trading system as it has meandered since the 1950s; a system designed to serve the interests of Big Capital, and one that has been ruthlessly manipulated under the rules of the game imposed by the developed capitalist economics (DCEs). With the perceptible deceleration of world production and trade already well underway, it seems unlikely that the prospects for the nineties will be sanguine Marginal or no growth can be anticipated from the third world, and the formerly designated CPEs. Negotiations within GATT mirror the violence of economic war, the struggle for global markets, as well as the costs of that ongoing war. Although the textile and clothing industry (T and C) is a very minor segment of international trade and output/ the dispute over textile quotas and protectionism highlights the north- south conflicts, and is interrelated to the question of services, more specifically that of intellectual property rights. Argentina's trade minister Domingo Cavalle summed it up: "Argentina would not have much course to modify iis position in services if there was no agreement to liberalise trade in farm products or textiles!' Whether 'liberalisation' as conceptualised and galvanised by the handlers of Big Capital holds any promise for pulling Argentina's fast sinking, hyperinflation-ridden economy out of its morass is problematical.

INTERNATIONAL ECONOMY-End of Illusions

willingly having given up "some of her political advocacy''; "she said she was happy to stand behind him (Nelson] at rallies and run the home while he met with international visitors". Winnie Mandela is now the reluctant revolutionary, whose family life had been sundered, and whose frenetic energies must now be turned to restoring the 'normality' of male authority in the private world of the home, and in the public world of politics, a repudiation of politics itself as 'male'. This is the desirable Winnie, the INTERNATIONAL ECONOMY End of Illusions Frederick F Clairmonte winner of Alan Sealove's admiration, whose assurances of the future of South Afria could now only run so far as assuring her audiences of the good health of her husband. Presented, as she was in the popular media, as willingly retreating from politics, Winnie Mandela served as a powerful reminder to black women (and men) of the fruits of 'fidelity' rather than defiance, that may yet be won by the hard-pressed American black. The recuperation of her politics of defiance, meanwhile, must await a wholly different kind of politics.

Central American Debacle-Guidelines for Third World

these parties have no clearly defined social bases and consequently no well-defined ideological orientation and commitment. They are rootless political elements who represent a kind of reaction to the opportunism and failure of earlier mentioned leftist parties in initiating, organising and directing political movements in the interests of the working people.

German Finance Capital and Reunification-Uncompleted Annexation

Reunification Uncompleted Annexation Frederick F Clairmonte Three hundred men, all or whom know one another, direct the economic destiny of Europe, and choose their successors from among themselves.

Rise and Fall of Soviet Agriculture

Frederick F Clairmonte The swift changes in Soviet agriculture focusing on extension of leaseholding for durations as long as fifty years and linked to decentralisation, efficient marketing and pricing flexibility open up new vistas for individual responsibility and collective efficiency.

World Commodities Trade-Changing Role of Giant Trading Companies

Changing Role of Giant Trading Companies Frederick F Clairmonte John H Cavanagh In the four decades since World War II the world has witnessed a swift upsurge in concentration of trading power with the bulk of almost all commodities marketed by fewer than six multi-commodity traders.

US Mining Anatomy of Imperialism

While much more research is called for to unravel the complex patterns of foreign ownership, fragmentary evidence suggests that the US mining industry is being gouged out by corporate giants such as Japan's Nippon Kokan, Alcan of Canada, CRA of Australia and Anglo-American of South Africa, among others. Native American companies have all been penetrated in varying degrees by foreign capital.

The Bulgarian Concoction

strengthen these suggestions for global reorganisation, that should clearly come from the arms race, which has no redeeming features to recommend it." The author, has closely studied the vested interests in the nuclear power sector and the nuclear arms race. It is astounding that she has such a naive conception about how change would occur in spite of her knowledge about the REAGAN's ignoble reign coincided with the thunderous trumpetings of a mutli-authored fabrication of Himalayan dimensions, engineered to masquerade as truth apostolic. The sound of the near fatal bullet that reverberated in St Peter's Square (May 13, 1981) triggered what the media disinforma- tionists were quick to label 'the Bulgarian connection', and a multiplicity of other mythical connections that went with it.

Global Economic Debacle and Corporate Power

Frederick F Clairmonte John Cavanagh Four inter-related trends, it is argued in this paper, will be paramount in determining the global thrust of the largest of the transnational corporations in the remaining years of this decade. These are (i) stagnation of inter- national trade; (ii) stagnation or even a further plunge in primary commodity prices; (iii) accelerating shifts from productive investment to speculation fed by an avalanche .of debt; and (iv) intensified economic wars.

Third World Debt-The Approaching Holocaust

Third World Debt The Approaching Holocaust Frederick F Clairmonte John Cavanagh It is impossible that the outstanding principal of Third World debt will ever be repaid. Simply deferring interest payments and principal to the transnational banking circuit and seeking, like an obsequious mendicant, rescheduling agreements will perhaps mitigate the bleeding and the pain; it can by no means stop the haemorrhage. Nor is it desirable that the debt should be repaid. Debt repudiation stands out as the only ethically feasible and rational solution for the Third World.

TRAINSNATIONALS- Destruction of the Sugar Industry

ment in Bihar in the politically turbulent sixties. The Brahmarshi Sena, another identic fiable caste force drawing support from the landed Bhumihar Babhans, was set up as the 'youth wing' of the Brahmarshi Samaj. It was organised by an MLA who had the distinction of being a National Security Act detenue and a 'social servant' to boot.

Transnational Corporations and Services-The Final Frontier

The Major Sectors SIX sectors have been selected for analysis on the grounds that a substantial volume of their output has been internationalised. It is on the basis of the value of international transactions that these sectors have been ranked. It needs to be restressed that such a sequential sectoral analysis should not be construed as in any way suggesting that there are rigid boundaries dividing them.

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