Sozialistische Klassiker

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  • Lynn Walsh: Western Crony Capitalism

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    [Socialism Today, No 34, December 1998 – January 1999, p. 2-3] The insolvency and near collapse of Long Term Capital Management (LTCM), formerly the premier hedge fund, brought the world financial system to the very edge of meltdown. Only the rapid $3.6bn rescue organised by the Federal Reserve averted catastrophe. While LTCM has been bailed…

  • Lynn Walsh: The meaning of the mid-term elections

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    [Socialism Today, No 34, December 1998 – January 1999, p. 16-19] The tactics adopted by the Republicans in the US mid-term elections rebounded on them. Their campaign to turn the elections into a plebiscite on the impeachment of the president was decisively rejected by voters. This has not only strengthened Clinton’s position, but seriously damaged…

  • Lynn Walsh: Capitalism’s Economic and Political Crisis

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    [Socialism Today, No 32, October 1998, p. 8-15] Russia’s economic collapse at the end of August, one more broken link in the chain of international crisis, marked a qualitative turning-point. Bourgeois strategists were at last forced to confront the stark reality facing them, writes Lynn Walsh Asia, whose inter-regional and external trade makes up a…

  • Lynn Walsh: US-Russian Relations

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    [Socialism Today, No 3, November 1995, p. 23-28] The End of the Affair Washington’s love affair with budding Russian capitalism has run into serious complications. Early romantic illusions, stimulated by the Western capitalists’ greed for profits, have gone. Instead of prosperity, the biggest slump in modern times. Instead of a flowering parliamentary democracy, a Bonapartist…

  • Lynn Walsh: What Will Happen in Labour Britain

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    [Socialism Today, No 17, April 1997, p. 11-16] Despite the interchangeability of Tory and New Labour policies, Labour’s likely election victory will open up a new era in British politics, accelerating the re-emergence of mass workers‘ struggles and the revival of socialist ideas. Lynn Walsh writes. By delaying the general election to the last possible…

  • Lynn Walsh: The General Strike: 1926 and Now

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    [Militant International Review, No. 11, August 1976, p. 1-12] General strikes are not accidental occurrences, simply the result of mistakes or misunderstandings between leaders. Nor can general strikes be brought about merely by small groups of political activists calling for general-strike action regardless of the time and conditions. A general strike inevitably arises from the…

  • Lynn Walsh: Open warfare postponed

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    [Militant International Review, No. 55, January/February 1994, p. 21-25] The main achievement of the GATT deal, argues Lynn Walsh, was to preserve the status quo – for now. The long delayed agreement on GATT, reached between US and European union representatives in Geneva on 4 December, was hailed by capitalist leaders as a great triumph…

  • Lynn Walsh: Letter – Johnstone Distorts Marx and Lenin

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    [Militant No. 355, 13th May 1977, p. 9] Dear Comrades In his letter Monty Johnstone (in a passage unfortunately left out by a printing error) repeats the assertion that ‘The Bolsheviks struggled up to 1917 for a democratic dictatorship of the proletariat and peasantry, specifically distinguished from working class power.” But in the article by…

  • Monty Johnstone: Letter – Monty Johnstone Replies

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    [Militant No. 354, 6th May 1977, p. 9] Dear Comrade. The Marxist theory of the state is far more complex than is understood by G Selva (15th April), who assumes that Republican Spain (1936-39) could only have been either a bourgeois or a workers’ state. Marx and Engels saw the state “as a rule (as)…

  • Lynn Walsh: Letter – Lynn Walsh Answers Johnstone

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    [Militant No. 346, 11th March 1977, p. 9] Dear Comrades The real issues in the debate with Monty Johnstone (of the Communist Party) is the fundamentally mistaken strategy and tactics of the Comintern under Stalin in the Chinese revolution of 1925-7. Comrade Johnstone seems to have lost sight of this. In his letter last week,…