Editorial 01-359 8180/9. Distribution 01-350 8301.
ADVENTINO UNSTUTT
The Tenth Year TEN YEARS AGO the world was shaken by a succession which shattered succeeded in inspiring a mass movement against the war throughout the world, A few months later France was shaken by a general strike involving ten millior workers occupying their factories. The ensuing politica was restored only with the aid and collaboration of the FrECT LOTSH THEST.
Thren months aller the May avants in Franco. the Soviet Union and its Warsaw Pact subordinates invaded Prague Spring and Duboek's socialism with a human face.
The developments of 1968 brought on to the political stage a new layer of militants not bound by the dogmas initially of students, their influence spread to newly radicalised workars and growin exponenato by une cavoruconary movement since the Twenties.
What has happened over the last ten years has left, It is a fact that, in general, only the Trotskylst segment of the revolutionary left, or that which retained survive and grow over the past decade. groups are in crisis, which is due to the precarious and INSTaDOSOLO SURROR SHENERSS IN ERINA, SORE have moved to explicitly reformist positions; have broken with their past and embarked on terrorist and despair.
The dilemma which has contronted the bulk of the taly, deh Manesia current operates ate puli em italy, the // Manilesto current operates as a public (BR) referred to the Socialist Party as a 'social-tasciat party and announced the SUNECHON disappeared, and the former could well relum to the PCI.
This dons not mean that the Fouch international oi other currents not afflicted with the above diseases should show any signs of complacency. Our central period. Portugal marked an important fallore in this respect. We should try and make Spain a succese. if the French elections in March result in a victory for the Socialist Party and the Communist Party, the far lett will face a serious test, The next General Election in Britain wall controne ine torn mis county win emportant choices as well.
In that sense the appesrance of Socialist Unity is a analana Socialist Workers Party it could become a real pole for attracting forces in favourof class struggle.
CAL THRTYHHIS ПАЕ НВОЗНЫ ПЕ TINH O REA autonomous movementsboing the most important -politics. Furthermore what has been brought home with a vengeance is the central importance of socialist democracy. begun to take these questions seripusly. One of the rosuns i brain waste Runne 07 Challenge:
In the coming year we will continue our fight for nee world We will a dender overage to potat prisoners throughout the world and try and launch campaigns for some of them with the help of supporters groups in this country.
The best way of showing that Jimmy Carter's 'ooncem for human rights is utter demagogy is to into practice capacities on many fronts, Whether we pass these tests depends on us. Denouncing the betrayals of others will 32B/9 Upper Street, London N1.
The National Liberation Front in American morale and Socialist Republic to destroy the the result was the largest The Maoist others imminence of armed DEAR SHO •women's and gay liberation which have forced the The revolutionary left has only recently Soclalist We will Give extended coverage to political put our own will ACCORDING TO popular belief, British industry is beset with restrictive practices, defended almost to the last barricade by recalcitrant tradeunions whose members are. by comparison with workers in other countries, lazy and irresponsible. This is the popular interpretation of the idea that productivity in British industry is too small in comparison with Britain'scompetitors.
Were productivity higher, that is, were the Inbour cost of producing goods and services lower, then the goods and services produced would be cheaper. So people would want to buy more, and this increase in demand would generate increases in employment in order to produce the higher output. Further, the increase ir demand would make it worthwhile for capitalists to Invest in more factories and more machines, and the bigher protits would provide the funds For this incrensed investment Finally, higher investment would generate further increases in prodactivity, and so NOT VICIOUS This cycle is clearly a vituous" one rather than a "Vicious produces self sustained growth. Moreover, if the Increases in preductivity which begin the cycle are oriented towards the export-producing sector, then the cycle could be 'export-led' and therefore could anticipate the increase in imports cuused by the increase in demand consequent upon full employment. This would avoid the necessity for the sort of 'stop-go' policies which have characterised the British soonomy since 1945. Lastly. sunce productivity growth would enable carnings to rise without a corresponding rise in prices, everybody benefits.
Now it is quite true that productivity. measured as output per head in manufacturing indusity, has grown more slowly in the UK than in other major European coun Over the period 1955-1973 manufacturing productivity increased ar average annual rate of about 5 ФЕСЕ темет torneALs jump in Thing standard to boost world's OECD sees risks in European recession hardly be said for metal manufacturing vehicles (except tractors) and textiles. Indeed, over manufaccuring industry as a whole from 1968 to 1976 imports rose from 17 per cent to 25 per centof the UK market, and this will probably increase thereby reinforcing the necessity for restructuring UNEMPLOYMENT UP Now it is true that all fore casts suggest a small rise in living standards next year after the severe squeeze of this year. Earnings will rise slightly faster than prices, but profits are still too low to support аду sustained expansion of invest ment, Consequently. the not be sufficient to reduce unemployment. Doomber unCIPIDUCHE stands 1,428,000 or 6.0 per cent of the workforce, alld the Government subsidy training prog rammic covers another 33,000 people. But the labour force is growing by 10,000 a month, and all forecasts suggest steady increase in unemplayment. Thus real growth in the economy will be small, and more people will he without jobs. Those with jobs will see a cmall rise in their living standards, aod investment may continue to increase — but the of contouce toysson in order to continue the restructuring of Industry, Indeed we could say of the British ccononty as was once said of the dying Prince of Wales: 'He is not better, he is much the same 1f you agree with these principles and want to be
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Britain's 1978 surplus will be bigger than W German'