National Sections of the L5I:

Economy

Against Capitalist Restoration! For Proletarian Political Revolution!

Despite nearly half a century of military and economic rivalry between the USSR and the USA, the Soviet Union formed one of the two central pillars of the imperialist world order.

From 1945 to 1991 the Kremlin, its satellites and indeed its Stalinist rivals, acted again and again to divert and abort the development of a world-revolutionary wave that could have isolated and eventually defeated imperialism. The counter-revolutionary role of Stalinism was concealed from millions by limited wars with imperialism in Korea and Vietnam, by the logistical support given by Stalinist states to national liberation struggles, and above all by the overthrow of capitalism by Stalinist parties. Today the downfall of the USSR appears as an unmitigated catastrophe for many fighters against imperialism and capitalism world-wide. Read more...

British capitalism under the Tories: results and prospects

For the last fifteen years successive Tory governments have attempted to set the British economy to rights. In 1979 Thatcher claimed that the economy was overmanned and inefficient. Her aim was to let the competitive pressures of the free market regenerate British capitalism. Read more...

Japan's crisis deepens

Japan's economy is sinking into stagnation, Michael Gatter examines why Read more...

Uprising in Chiapas: reforms prompted by rebellion

The uprising of the EZLN (Zapatistas) in Mexico caught the government off guard. Stuart Corby reports. Read more...

Poland stumbles on the road to capitalist restoration

The election of a new government in September will herald an attempt to make a final push to capitalism. Will they succeed? Martin Suchenak weighs up the odds Read more...

China: “socialism” with capitalist characteristics

On present trends China could be the biggest economy in the world by the year 2010. But will it be capitalist? Peter Main explores the contradictory dynamic of the present phase of economic development. Read more...

Maastricht and beyond: a capitalist United States of Europe?

1992 came and went. But did European unity go with it? Keith Harvey examines the prospects. Read more...

Capitalist restoration: stalled at the crossroads

Since 1990, the capitalists have seemed to be winning hands down in Eastern Europe. However, as Martin Suchanek explains, their plans to introduce workers to the wonders of capitalist exploitation are running into trouble.

For the last two years those bourgeois commentators keen to monitor the progress of capitalist restoration in Eastern Europe have focused on three countries: Hungary, Czechoslovakia and Poland. As compared to the Balkans or even the disintegrating USSR, they were expected to blaze a trail for others to follow. Each of the three possessed advantages over other countries in the region. Read more...