BRUSSELS, Aug. 24 - The July Issue of Quatrième Internationale carried an editorial dated July 5, 1971, on the worsening crisis of Imperialism. The following sentences are of particular Interest:
"The capitalists will thus follow a different fack. Their response |to a recession that threatens to become general] will be concentrated in two areas, They will try to increase their foreign markets and to boost the rate of profit at the expense of the working class.
"Increasing international markets expanding East-West trade, with the U.S. joining in the game (relaxing embargoes against the USSR, resuming exports to China). Likewise, It means stepped-up pene tration of the markets of semicolonial countries and a new sharpening of Interimperialist competition. The attempt to raise the rate of proflt at the expense of the working class involves trying to limit or abolish the only substantial right the workers have under the capitalist system, the right of collective bargaining. The means for this are 'Incomes polleles,' which virtually all tendencies in the international bourgeoisie have begun todemand."
And further on:
*... in order to strengthen the doilar, American Imperialism will combine increased protectionism with a alowdown in real capital outflows and a new effort to retool American industry...
Six weeke later, these forecasts were borne out by the decisions Nicon announced to the world August 15.
The Marxist analysis of the class nature of the American state, of the fundamental nature of the capitalist system, has been confirmed once again. The American bourgeoisie defends its class intereats — not an ideal of freedom. today not only against the states that have broken out of the imperialiat system and against the colonial revolution that threatens to take several more countries along the same road.
It is directed against what is historically the most redoubtable enemy of Wall Street-the American proletariat. It is aimed at shaking up Wall Street's most precious "allies," that le, its moet efficient competitors -Japan, Western Germany. "Freedom," Including the famous free trade, in swept aside, as is always the case when the system founded on private property, Photo by Ed Weavur