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

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Transnational Corporations and Services-The Final Frontier

Transnational Corporations and Services The Final Frontier Frederick F Clairmonte John H Cavanagh Services already account for almost two-thirds of world GDP and have also become prominent in global markets.

Dresden From Death to Resurrection

Dresden: From Death to Resurrection Frederick F Clairmonte WITH infinite pain the Saxon city has been largely reconstructed spanning a period of two generations. The mediaeval beauty of the Altstadt has now been wedded to the functional and imaginative creations of modern architecture, and this in the socialist half of Germany whose future contours were inconceivable in 1945. But while the major historic landmarks have risen from the rubble, the empty spaces still lament that after more than 40 years the final word has not been said on freeing Dresden from the clutches of destruction.

BELGRADE-Pointers to the Eighties

September 21, 1983 BELGRADE Pointers to the Eighties Frederick F Clairmonte PUBLIC relations gimmickry cannot conceal the amplitude of the Belgrade debacle nor should it be allowed to do so. The sheer magnitude of the debacle follows in the wake of four major international conferences from GATT to Delhi, Buenos Aires to Williamsburg. At least in the care of Belgrads there was no need to write an obituary since its protagonists could not even fashion a ragtag final communique. In all of this, there is nothing to regret. What remains to be done is to perform a meticulous autopsy, within and out' side UNCTAD, Whether such an autopsy is feasible ' in view of the malaise is arguable.

GATT- The Quid and the Quo

THE moito of Australia's deputy premier, Anthony Douglas, a farming (pigs) tycoon, was appropriate to define the jungle of the GATT ministerial conference: "In politics, if you see a head, kick it." This precisely is descriptive of the law of fang and claw that defines the intensified struggle for the global market. Douglas's utterance was symptomatic of the rhetoric of the political functionaries of Big Capital, including those of William Brock, chairman of the US delegation and scion of a Tennessee candy fortune.

THE LAW OF THE SEA-Perceptions of National Interest

THE LAW OF THE SEA Perceptions of National Interest Frederick F Clairmonte John Cavanagh ON the eve of what was billed the final session of the Law of the Sea Conference, the authors argued that it was in the long term interests of transnational corporations (TNCs) to secure a viable treaty. Thus, we predicted that the US government would find accommodation with the treaty by forcing through certain last minute revisions. Judged by the April 1982 US refusal to sign, it would appear that our forecasts were off the mark. How is the gap between prediction and reality to be explained?

US Food Complexes and Multinational-Corporations-Reflections on Economic Predation

Corporations Reflections on Economic Predation Frederick F Clairmonte Oligopolistic capitalism in its ultimate conglomerate phase is marked by its omnidirectional predatory qualities, its inherent and irreversible annexationist thrust. The giant 'food' industrial complexes in the United States have thus, over time, absorbed enterprises engaged in farming, agrochemicals, farm machinery, food processing, wholesaling and retailing, transport and real estate and even multinational banking.

World Tobacco Dynamics of Oligopolistic Annexationism

This paper examines the origins, role and reunification of conglomerate oligopolistic power in world tobacco economy. The power of the tobacco transnational conglomerates (TTCs) is such that many developed and underdeveloped countries have been totally marginalised in the output and marketing decision processes. Underdeveloped capitalist countries supply 55 per cent of world leaf tobacco; but their processed exports are almost non-existent, they have no influence whatsoever in the design, output and innovation of tobacco machinery, and their aggregate receipts from tobacco are based almost exclusively on the demand, response and marketing decisions dictated by the TTCs.

I G Farben and the Third Reich


monetary system can fee restructured simply through the device of OPEC members insisting on payments for their oil exports in SDRs, rather than in national reserve currencies of the rich nations".

How Multinationals Operate-Story of United Fruit

January 28-February 4, 1978 some effort on the part of the social scientist to prevent his endeavours from becoming inane and repetitive. Besides, considering that only little of what is planned for the poor is actually implemented in practice, the research on poverty gets meagre help from the source on which empirical research depends for its vigour and continuing rejuvenation, viz, an extensive and strong base of field studies. It is not an accident that so much of this research remains preoccupied with the long-term and with general prescriptions, neither of which could provide any new and striking insights to researchers and policymakers. Without considerable ingenuity on the part of the social scientist and firm resolve by him to discard easy liches, it is difficult to see the research on poverty gaining in substance and usefulness. It would also appear that a perspective focused on the society as a whole could be more productive than one confining itself only to the poor. For example, consider the programme for extending guaranteed employment to the rural poor which has very good prospects of being implemented effectively when the country has, as is the case now, large food surplus. Viewed as a poverty programme, it is no more than a halting first step and most poverty researchers give it only a passing reference in their lengthy agenda of what should be done for the poor. On the other hand, when considered in the context of a system characterised by incomplete demoralisation, it is difficult to think of another measure which could do so much for the poor, almost immediately, by expanding the frontiers of democracy and by lifting the pall of precariousness from the lives of the casual workers. One wishes that the Indian democracy breaks out of its fixation with the long-term goals for the poor to seize such opportunities. While the success that it achieves may not be easy or automatic, the system would at least begin to sound less hypocritical towards the poor than it does now.

World Banana Economy-Problems and Prospects

Problems and Prospects Frederick F Clairmonte The world banana economy is one example, among many, of the non-egalitarian tendencies inherent in the economic interrelationships between the producer countries and major consuming countries in the capitalist centre. These tendencies have been accentuated since the 1950s, It has often been argued in the past that rising consuption levels in the developed consuming countries and boosting unit prices would contribute towards raising the revenues of producing countries.

Dynamics of International Exploitation

in the case of a dispute as to whether "a pending issue is to be discussed or not between management and labour" ONE of the salient traits of post-war economic growth has been that capital accumulation on a world scale, to use Rosa Luxembourg'sconceptual framework, has overwhelmingly redounded to the countries of the capitalist core and only marginally, if at all, to the peripheral and .semi-peripheral countries. In short, the familiar indicators of poverty, mass unemployment, illiteracy, chronic malnutrition and famine, marginalisation in its most acute forms, continue to bedevil these countries. Inexorably the process of accumulation for the developed core has been matched by dis-accumulation from the peripheral orbit.

Capitalism The Deepening Crisis

Frederick F Clairmonte IN Maxim Gorki's play "The Lower Depths'' one of the characters, Ryumin, in love with his neighbour's wife, soli- loquises that truth is ugly and delusion and deliberate self-deception make existence more delectable. Unfortunately, Paul Samuelson, in his appeal to a return of laissez fairyland of 'pure markets', is hardly assimilable to Ryumin. In his nostalgic chant of better days, he laments: "The centre of gravity has shifted. Economists are more conservative than they were 10 years ago because they have seen interference with the market system that has fulfilled their worst forebodings/' Man's "propensity to truck, barter and exchange" as with Adam Smith becomes the sum- mum bonum of economic thought and, of course, "the market",which is its institutional apotheosis.

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