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Volume 50, Issue 04 (September)

September 1998 (Volume 50, Number 4)

Notes from the Editors

The left has more than once heard calls for a “third way”. In decades gone by, people talked about a “third way” between Communism and capitalism, which was social democracy. Now that both the Communism of that period and the social democratic alternative have both more or less died, we’re beginning to hear about a new “third way”. The main exponent of this new alternative is the British Prime Minister, Tony Blair. But there’s talk of a “third way” partnership between Blair and Clinton, or even a troika with the man who may become the next Chancellor of Germany, the German Social-Democratic Party’s Gerhard Schroder. | more…

Globalization on Trial

Crisis and Class Struggle in East Asia

What a difference a year makes. As recently as last summer, economic pundits and global investors were singing the praises of the “Asian tigers.” The World Bank basked in the glow of its 1993 report, The Asian Miracle. Throughout ruling circles, the “Asian model” was touted as proof that open markets and the free flow of capital would be the salvation of humankind  | more…

A Report from Minsk

In Minsk, in the summer of 1992, I spoke to a militia officer (our term for the local police) who worked at the department responsible for the fight against organized crime. As a writer I was particularly interested in the activities (and thought patterns and language) of the newly emerging private business. The officers of the department were well informed, and they were in a despondent and confused mood. “I returned recently from the U.S.A., where I spent some time working in an American police department,” the chief of the unit told me.” An American policeman explained to me what we here in Belarus should be doing. ‘You want to build capitalism,’ said he, ‘good.’ ‘But where will your people get money to start a business, or to buy factories from the state? From what you tell me, they cannot obtain money legally. So you, the cops, should close your eyes to crimes that only involve money. Your job now is to see that people don’t kill each other in the streets—nothing more. When the ones who have stolen enough money take power they will adopt their own laws. And then you can do your best to achieve law and order in the country.’”  | more…