crisis is also clear - b recession. The only effective means known capitalist governments of correcting balance payments deficit is to rein back their own economies The devaluation dollar, and the balance of deficits it Daylicals produce. means that Western Europe is heading into recession.
For Britain no issue could be more serious. Its trade is increasingly with Western It is in deficit with Japan East Asia. One of the fev export surpluses it runs ir the world, with the Unitec States, about eliminated by the dollar devaluallon. The oil pric is falling. The Tra t4 projection billion deficit balance of payments next the international context is going to get tougher after that.
Lawson is not going to CHLO an crisis But the forces unleashed by last year's crash inexorably tightening their Western Europe and Bri tain.
This budget is going to be very near the peak Thatcher's power.
of will be on or in the labour movement generally 25p p&p. Reductions for bulk orders. : of 'Women's Choice — Defending Abortion Rights' THIS new pamphlet takes up the arguments which have been at the centre of the campaign against Alton, explaining why abortion rights are a matter of principle, not conscience, because women's equality is not possible without control over their fertility.
It is also full of useful arguments against reductions in time limits for legal abortion. A must for every person active in the FAB campaign The pamplet is available from Other Books, PO Box 50, London N1 2XP, at a cost of 75p plus
Socialist Action April 1988
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DEFENDING ABORTION RIGHTS