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…