Revolt Spreads in Indonesia

By GERRY FOLEY Since the Indonesian dictatorship retreated on May 21, by changing the formal head of state, the wave of rebellion throughout the archipelago has continued to rise. But the military is still trying to keep the lid on. A huge military force was sent to the campus of the University of Indonesia in…

BOOK REVIEW: Which Way for China?

By PAUL SIEGEL Maurice Meisner, ”The Deng Xiaoping Era: An Inquiry Into the Fate of Chinese Socialism, 1978-1994.” New York: Hill and Wang, 1996. 544 pp. $30. The year 1996 witnessed the publication of two books that sought to give a Marxist analysis of Chinese society today, Robert Weil’s “Red Cat, White Cat,” which was…

China and the Global Economy

By NAT WEINSTEIN Ever since the collapse of Stalinism and the disintegration of the Soviet Union, the capitalist world has been in a euphoric state. But like everything in this world, appearances are often deceiving. It is beginning to dawn on American and world imperialism that rather than expanding its world markets, the Stalinist bureaucracies’…

Asian Crisis Upending Global Applecarts

By NAT WEINSTEIN Unusually candid commentaries on the falling value of the yen, and what it tells about the depth of the economic crisis in Japan and Southeast Asia, appeared almost daily in the mass media last month. It reflects a growing uncertainty among the world’s capitalists about the future of their economic system. It…