Figures 1 and 2

How the United States, Japan and Germany are crushing the EEC

1st May 1993 Socialist Action 0

First published: Spring 1993

The electoral collapse of the French and Italian Socialist Parties signals the demise of Euro-socialism, the dominant current in the West European labour movement for the last decade. This is simply the latest symptom of the crisis of the European Community. The EEC is being ground between the external competitive pressure of the United States and Japan, and the internal dominance of the unified Germany. Rather than offering reforms, Maastricht proposes to dismantle the welfare state in Western Europe. The rise of the extreme right and the collapse of Euro-socialism are logical results.

In Europe imperialism is suffering its first substantial reverses since Gorbachev came to power in the Soviet Union. At the beginning of 1992 imperialism recorded an historic triumph with the installation of a capitalist government under Yeltsin in Russia. But a year later Yeltsin had lost his majority in the Congress of People’s Deputies. George Bush failed to secure re-election in the United States, Japan faced financial crisis and the European Monetary System came apart at the seams. Thus the re-charged imperialist system, which delivered Washington’s triumphs at the end of the 1980s, has started to exhaust itself.

No Image

Marxism and inter-imperialist competition

1st May 1993 Socialist Action 0

First published: May 1993

The consideration of inter-imperialist competition is frequently not integrated into the body of Marxist economic analysis, which is too often seen as relating to the study of the workplace or to national capitalism, with inter-imperialist competition running ‘parallel’ to this. This is radically wrong.

The starting point of Marx’s analysis is the development of ‘capital in general’ or ‘the capital of the whole society’ [1]. This is sometimes taken to be the capital in a nation state, but this is wrong. [2] Capitalism is an international system in which the world economy is dominant. The decline in the rate of profit throughout the 1960s and 1970s, from which capital has still not recovered and which is the driving force of the present crisis, was an international decline working itself out in all countries.

But capital as it actually exists is not ‘capital in general’. As Marx put it: ‘In their actual movement capitals confront each other in certain concrete forms’. [3] Capital exists as different firms, and different nations with different companies and trusts, in competition with each other. It exists, as Marx put it, as ‘many capitals’. Competition between these capitals is the ‘essential locomotive force of the bourgeois economy’.  [4] Competition is the mechanism by which the fundamental laws of the capitalist economy work themselves out.

No Image

If the Russian Revolution should fall…

1st October 1991 Socialist Action 0

First published: October 1991

The Soviet putsch of 19 August was an attempt to put the clock back towards the Brezhnevist past. Its failure made transparent the greatest class struggle in the world since 1917 – that for the survival of the Russian Revolution. It left the pro-capitalist forces in the USSR greatly strengthened.

These forces will betray the interests and hopes of the Russian and Soviet peoples. The Soviet peoples wanted to create a democracy and an economy which would serve their interests. But, as Boris Kagarlitsky put it: ‘Millions of people in Russia have been fighting for democracy. But what they have got is Yeltsin.’

figure 1

Remaking British politics

1st October 1991 Socialist Action 0

First published: Summer 1991

A potential change of government from one party to another is a fairly routine matter in British politics. But what underlies the decline of the present Tory government, and the evident inability of the Labour Party to present any convincing alternative, is something more fundamental. Britain is approaching one of those great turning points in political history which have so far occurred roughly only once a century, which imply a shift in the entire party political system, that is in the form of bourgeois political hegemony.

No Image

The new age of imperialism

1st April 1991 Socialist Action 0

First published: April 1991

The Gulf War, the largest military offensive waged by imperialism since Vietnam, is one of those events which is so great in its impact that it clarifies not only immediate events but the entire historical course of which it is a part. The Gulf War both confirmed the analysis of world politics presented by Socialist Action in the last years – the new phase of imperialism, the new era of North-South wars, and the emboldening of imperialism due to the events in Eastern Europe – and at the same time, as with every major event, has deepened and extended that analysis. Socialist Action was able to play a role in the fight against the war out of all proportion to its circulation because it was prepared for it, and the course of world politics of which it is a part.

No Image

The impact of the Gulf war

1st April 1991 Socialist Action 0

First published: April 1991

The Gulf War was an overwhelming military victory for the United States. But what relation of international class forces did it create? And what conclusions flow for the coming class struggles?

On the military level the Gulf War was an overwhelming victory for the United States. In one sense this was inevitable. That the superior armed force of the imperialism, above all US imperialism, cannot be defeated by purely conventional military confrontation was a standard point made during the heyday of the colonial liberation movements of the 1950s and 1960s – it was the backbone of the military ideas of Mao-Tse Tung, Ho Chi Minh, Che Guevara, the African liberation movements against the Portuguese empire or in the struggle against Ian Smith’s ‘Rhodesia’. The original idea was that the imperialist enemy could not be defeated on the purely military level but had to be ground down by prolonged social mobilisation to which military action was subordinate – it was no accident that the NLF’s major military offensives during the Vietnam war coincided with US presidential election years. Only at the final stage, when the imperialist enemy had been ground down by political and social mobilisation, and localised armed action on that basis, could relatively conventional military struggle be engaged with a chance of success.