Schlagwort: Socialism Today
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Lynn Walsh: Victory for US unions
[Socialism Today, No 22, October 1997, p. 22-27] Teamsters Rock UPS Picket lines turned into celebrations on 19 August, when the provisional agreement with UPS was announced. Through determined, united action, 185,000 Teamsters had defeated Big Brown, the Universal Parcel Service of America, Inc. Lynn Walsh reports. “Outside the UPS depot on the West Side…
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Lynn Walsh: Western Crony Capitalism
[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…
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Lynn Walsh: The meaning of the mid-term elections
[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…
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Lynn Walsh: Capitalism’s Economic and Political Crisis
[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…
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Lynn Walsh: US-Russian Relations
[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…
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Lynn Walsh: What Will Happen in Labour Britain
[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…
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Lynn Walsh: The Nightmare Scenario
[Socialism Today, No. 30, July 1998] An obscene and potentially extremely dangerous nuclear arms race has opened up on the south Asian subcontinent. What lies behind this renewed arms race and what are the prospects for a nuclear exchange? Lynn Walsh writes. On 11-13 May, India (after 24 years without nuclear tests) carried out a…
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Lynn Walsh: Heading For A Slump
[Socialism Today, No. 24, December 1997, p. 11-16] The world economic situation of capitalism has changed dramatically in a few weeks. Until recently, capitalist commentators presented glowing reports on its health. But now the illusion of a ’new paradigm‘, a renaissance of ‚free market‘ capitalism, is being shattered, as the world economy heads for a…
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Lynn Walsh: The Politics of Zippergate
[Socialism Today, No. 6, March 1996, p. 16-19] The Chief Executive of the world’s most powerful state is embroiled in a new sleaze crisis – Zippergate. Incredibly, this revolves around the allegation that president Clinton had sex with a 21-year-old former White House intern, Monica Lewinsky, and that he and his advisors conspired to get…
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Lynn Walsh: Albania: Imperialism Intervenes
[Socialism Today, No. 18, May 1997, p. 15-16] Berisha’s days are numbered. The mass, armed uprising which began early in March suspended his regime in the air. The president lost control of the South, but the southern rebels, loosely organised by salvation committees, lacked the strength to march on Tirana. There was a deadlock between…