Volume 10, Number 11, March 22, 1983
Interview
Ernesto Vallerani
by Giuseppe Filliponi
The director of Aeritalia’s aerospace division describes how Spacelab and related ventures could be used to enhance the productivity of business and agriculture.
Departments
Report from Italy
by Marco Fanini
Bulgarian connection leads to London.
Dateline Mexico
by Josefina Menéndez
Labor’s revolt against the IMF.
Editorial
The downfall of the recovery myth.
Economics
U.S. Interest Rates and the Ides of March
by David Goldman
Quarrels between British financial strategists and their Swiss counterparts over how to handle the impending financial crisis; American banks have voiced no independent options.
The LaRouche Proposal for Gold-Based Credit
The document George Shultz and Donald Regan are trying to keep in the White House’s most remote files.
Yugoslavia To Be Put Under IMF Policies Again?
by Luba George
British Foreign Office: ‘Time To Squeeze Poland’
by Luba George
Slow Growth Troubles the Indian Economy
by Paul Zykofsky and Ramtanu Maitra
Foreign-exchange problems and industrial bottlenecks.
Agriculture
by Cynthia Parsons
Business Briefs
Special Report
How the Fondi Created the U.S. Budget Disaster
by Criton Zoakos
The U.S. investment bankers who profit from the vast deficit are at the bottom of a ladder leading to the Anglo-European aristocrats against whom Americans fought the Revolutionary War.
Why Reagan Cannot Balance the Budget
by Richard Freeman
The shrinkage of tax revenues caused by the “post-industrial” growth of unproductive economic activity, is analyzed for the 1945-83 period. A fiscal surplus and tax cuts could, however, quickly be achieved.
International
Battle over the IMF Erupts at Non-Aligned Summit
by Peter Ennis
‘American System’ Solution to Poverty Proposed by Pope John Paul II
by Valerie Rush
West German Electoral Outcome Means Greater Instability Ahead
by Rainer Apel
Greens in the German Parliament
Germany: The Industrial Slump Starts to Accelerate
by George Gregory
France Casts Ballots Against Zero Growth
by Dana Sloan
The Tug of War for Mitterrand’s Mind
by Laurent Murawiec
Italian Communists Surrender to the Venetian Oligarchy
by Marco Fanini
Documentation: The European Labor Party’s Open Letter to the party’s 16th congress in Milan.
The Strange Case of the Men of the Trees and the Battle To Stop ABM Defenses
by C.L. Magister
Storm Clouds over Bangladesh
by Ramtanu Maitra
International Intelligence
National
World Federalists Direct the Nuclear Freeze in Congress
by D. Stephen Pepper
Freeze advocates abruptly focused their efforts in March not simply on passing a “nuclear freeze” resolution in Congress, which a World Federalist official was caught coaching, but on freezing the option of an advanced-technology defense against nuclear-armed intercontinental missiles. The National Democratic Policy Committee is challenging the claim that “peace” is an antonym of nuclear technologies.
Four Years of Sabotage of U.S. Beam Weapons
by Robert Gallagher
Harold Brown, Jimmy Carter’s defense secretary, comes from the California “military-industrial” complex, and represents its “mole” component.
The AFL-CIO Leadership Rams Through George Shultz’s Program
by Lonnie Wolfe
Defense cuts and enhanced power for the International Monetary Fund.
National News
