The FT leader article on Seattle, talks about conceding ground in the
management of the world economy.
Although Seattle is about the WTO, significantly the FT tackles the
question of the IMF, seeing the structures for managing world capitalism as
interdependent. As indeed do the protestors.
[An
Don't know if any one mentioned it thus far but the NZ election took place
with the expected result that the centre left emerged triumphant.
Full results are at http://www.electionresults.govt.nz/partystatus.html but
the guts of the matter is as follows;
Labour, (centre left) 38.9% vote 52 seats
Remember Gorbachov's curse:
"we are going to do a terrible thing to you -
we are going to deprive you of an enemy".
Within a bare 10 years of the fall of the Berlin Wall, in the run up to
next week's WTO meeting in Seattle there is greater global controversy
about capitalism than for the last
This piece I'm forwarding below from today's Observer, which persuasively
argues that the bombing of the Chinese embassy in Belgrade was deliberate,
demonstrates:
a) the risks the most powerful capitalist nation on earth is prepared to
take to get its way;
b) the lies it (and its lapdog English
