Railtrack crash

Railtrack, the company to which the government sold British Rail’s tracks, signals and stations for what was considered at the time (1996) to be the bargain-basement price of £1.8 billion, has gone bust. On Sunday 7 October the government announced that it was using its powers under the Railways Act of 1993 to put the … [Read more…]

Palestinian state within sight

In the last (September-October) issue of Lalkar, we stated the following in connection with the murder of PFLP leader, Abu Ali Mustafa, by the Israeli state: “With Mustafa’s assassination, the Zionist establishment will have no one but itself to blame if the Palestinian resistance decides, as it may well do, to target senior Israeli politicians … [Read more…]

Bastions of US Imperialism Crumble Bastions of US Imperialism Crumble

Today, September 11 2001, has witnessed the world’s biggest ever attack on the US – an attack that has destroyed the headquarters of US imperialist finance, the World Trade Centre in New York, and the headquarters of the US military, the Pentagon in Washington DC.To effect this destruction, hijackers armed with knives took over four … [Read more…]

Untitled

VodafoneMannesmann$203 billionAOLTime Warner$182 billionMCISprint$115 billionPfizerWarner-Lambert$ 85 billionExxonMobil$ 77 billionBPAmoco$ 94 billionTable 2: Global M&A top ten deals (Jan 1 to Jun 19 2000TargetAcquirerValue of deal ($m)Time Warner (US)American Online (US)181,940.5SmithKline Beecham (UK)Glaxo Wellcome (UK)78,384.5Nortel Networks (Canada)Shareholders (Canada)61,658.7Orange (Mannesmann) (UK)France Telecom (France)45,967.1Seagram (Canada)Vivendi (France)42,782.6Cable & Wireless HKT (Hong Kong)Pacific Century Cyberworks (Hong Kong)35,495.1Bestfoods (US)Unilever (UK)23,699.2Network Solutions … [Read more…]

Further on the Intifada Further on the Intifada

The cutting edge of the anti-imperialist democratic revolution of the Arab peoplesA veritable people’s warAt the end of September, the Al-Aqsa Intifada will be one year old. This latest Palestinian uprising against Israeli occupation, brutality, torture and daily humiliation of the occupying regime, is of a qualitatively different kind from the first Intifada. No longer … [Read more…]

More on Imperialism More on Imperialism

by Harpal BrarIt is just over four years since I published my bookImperialism – Decadent, Parasitic, Moribund Capitalism.In that book I proved, by reference to irrefutable statistics from impeccable bourgeois sources, the correctness of V I Lenin’s theory on imperialism and its continuing validity in our own time.Lenin repeatedly emphasised that “the deepest economic foundation … [Read more…]

Genoa – Fury of the Oppressed Genoa – Fury of the Oppressed

With a rapidly-expanding, militant anti-globalisation movement – which is becoming increasingly working-class in its composition, much to the despair of the powers that be – the imperialist powers were particularly paranoid about the demonstrations surrounding the G8 Summit in Genoa, prompting them to spend tens of millions of dollars on security for the G8 delegates.The … [Read more…]

The Shame of the European Left: Revisionism Shows Its True Colours The Shame of the European Left: Revisionism Shows Its True Colours

Report from the 15thWorld Festival of Youth and Students in Algiers8-16 August this year saw the convening of the 15thWorld Festival of Youth and Students under the slogan, ‘Let’s Globalise the Struggle for Peace, Solidarity and Development, Against Imperialism’.Established after the end of WWII as a broad front against imperialism, the Festival is run by … [Read more…]