LAST WEEK'S Fontainebleau meeting the EEC heads of government completes the round of capitalist states. The meetings are evident.
Above all the last four years have emphatically confirmed the United States within the 'Western Alliance From the point of view of the interests of the West the United States become everyday:
Moted to lon the when committee of the Us investors in US bonds.
Even the Financial 'blatant' attempt to increase still further the flow of foreign capital into the United States.
The best estimates are that by 1985 or early 1986 the United States, for the first time since the First World War, nation. The richest state on earth is now becoming a net importer world countr ies!
For the West European states. quences are clear -growth for Western Europe made by the OECD, are 2.3 per cent per year. The US economy is growing at more than twice that rate much Agricultural Policy (CAP) which formed the cru› of the budget compromise is also not able to take the strain of the heightening farm price war with the United States. are due to the fact that in competition on foreign markets productivity allows it to undersell its ÉEC rivals. soaring European butter mountains, wine lakes, etc. And what is the policy of the EEC heads of state thoseto me La our left look for a teasing sections of the Labour left look for a reflationary economic links with the United States? summed up. document 'Europe the reportedly received a strong welcome from Kon and Mitterrand. This stated simply management of East West relations, and no less remain central so in the management of the problems of world economy and trade In other words if Reagan decides to sit on us we will grin and bear it. concludes, by the necessary resources.
States which has the real power the EEC countries obediently into poodies their heads of government are increas tions on tivated the newspaper don't matter two hoots. Thatcher's two thirds refund on British payments will look extravagances of the CAP can be cut back, 'bad' if it can't. But in either case Western Europe is going to remain economically stagnant that means the figure of more than four million unemployed in Britain grinding remorselessly upwards.
Western Europe has only two choices in the years to come.
tion under the banner of the 'Western Europe' or more other socialism in Europe as a whole — a social revolution against capitalism in Western Europe and a political revolution against the bureaucracy in the East.
That wasn't exactly on the agenda of the EEC summit. But it should form the agenda of the European workers ahead.
Editor: ALAN FREEMAN Published weekly except two weeks in August and the last week or wecemder.
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Send all correspondence regarding subscriptions, sales and receipts to Socialist Action Distribution. 335 Urger Siree: London N1 2XP. (Tel: 01-359 81501 send all material for publication freiane a Aarion Editorial at the are a summits of the western economic agreements reached at these the unchallengeable supremacy of allies the economic policies of more Yet another twist was given last week 30 per cent tax paid by foreign Times referred to this as a will become a net debtor of capital even from third the conseand formed the backdrop to The highest estimate of economic the next two largely due to capital infiows Common The soaring costs of the CAr agriculture Hence the States? Their policy was to break unc in the Conservative government s Future' which 'The US will European security For, as the paper also 'influence does not last if not backed As it is the United place like the tame budget rebate which capheadlines here really 'good' if the One is austerity and militarisaUnited States, probably both. The is actually embarking on a struggle for movement in the years These are expressed in So the army is being used to try to smash the miner's strike! Isn't it; outrageous! [ Isn't it/ inevitable? A PIECE *The ACTION Sofar, so good!
But isn't it time they started using some of the tactics developed in Ireland?
Dirty Tricks?
Dirty tricks! The very thing!
it on militants!?
Socialist Action 6 July 1984
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coming to resemble. ng With that background the detailed negotia-