politics. Thus we fight for working dass unity on un scale This unity will in the long run be decisive in defeating both the imperialist regimes in the West and the brutal dictatorships they sustain in Latin Americu, Africa and Asia.
I immediate with dewarding immediate Withdrawal British troops from Ireland and Jetting the Irish people determine their own future.
The Communist parties in arage are in crisis socialist parties - Conditions necessary than ever arable than dier the sodas ding three decades, But suct arties can only be built by rejecting sectarianism and seeing Tual democracy not us a hicury but as a vital necessity. This means the right to organise factions and tendencies.
If you ugree with these principles and want 10 be involved in activities by Socialist Challenge supporters in your area, fill in the form below und send it to us.
am interested in information ahout activities in my area, - I would like additional literature and enclose 50p to cover costs. (Delete if not applicable)
Sante Address......
send to Socialist Challenge, 328/9 Upper SI, London NI.
Socialist Challenge T June page 2 IT IS not often that the Labour newspape Tribune has good to say about the Treasury, Last week, however, that journal looked to the mandarins of Whitehail to save US Iron the Tory budget presented on 12 June. According to its economics correspondent:
*A remarkable political barrle has been going on in the Treasury. It involves an attempt to win the hearts and minds Tahi Min 10a IN economic future that pposite of that which Margare Thatcher and Sir Keith Joseph have portrayed."
The pages of the Financial Times City column of the Daily Telegruph have also been spattered with leak and counter-leak: first that the Tories. had clection manifesto budget plans to cut taxes and slash public spending. then that they intend to press on with these curs no matter consequences.
This type of speculation has cren found its way onto the pages of the 'popular" press.
Deathbed What on earth is going on here? Can it be, as Tribune believes, that *the Treasury; repentance of the monetarist policies which it forced on the rovernment... & dreading the impac if unreformed Tory policies'? Ha Whitehall now embarked on the road to socialisen upainst the evil axe of che Tories?
In reality, what is going on is much simpler. The struggle in the Treasury and it is obvious there is a fight going on — is not over the nature of the Tory budget. There isn't, and never has been, qualitative difference between policies of Tory Geoffrey Howe and Labour's Denis anything Healey.
Healey standards through wage controls and Howe wants to do it through VAT to be increases to put up prices.
ELLE CAT capitalist class as work.
Treasury of Britain's more or less daily information that is quite th streaming in to the revealing male or the word conomi influential business magazine abandoned their DEMONSTRATORS will be protesting at the Marylebone defence of leading squalter Plers the Corbyn.
underthe Trespass Law, altbough sentencing was postponed.
of the vicious police raid carried out by the police at the Huntley Street mass squat last summer.
death bed cers' union, NAPO, which opposes Labour the Trespass Law, advised its member assiened to Corhya not to report as the case was cleads "political • It's doubtless been left to management of the Probutim Services to produce a report on Wednesday.
any the Chancellor Sit WAITINE wanted to cut Berween THE TOIS a whole would overcast by rising Denis Marted in the heart What is creating a problem is the The gloom government the rapidly deteriorating The The Hands off Piers Corbyn!
Magistrutes Coert nest Wednesday in Corbyn was found guilty on 1 May Corbyn's crime? He was a victim The postponenient of sentencing has arisen because the probation offiEconomist speit out the situation in the following blunt way last week:
The seven leaders of the free biggest coonomies...will meet at the end of this month to try to stop economic growth slipping through their fingers, Oil prices and shortages have added their stagtationary pressure to a prospect inflation every. where — and now also of a real tear that a recession may at last have of the world economy, the United States.
expressed in this statement was positively optimistic that are doing the rounds, The most Important international economic gorid. office, and Economic Co-operation and Developinient (OECD). predicting simultancous rising inflation, snaring unemployment. and a collapse in growth rates by the begining of 1960 The OECD notes that in four of the seven largest economies in the captalast world price rises are a ready running at over 10 percent a year Meanwhile economic growth is predicted to fall to 3 per cent a year in the capitalist world in 1980.
As il takes an armal growth rate of four and a half per cent merely to keep pace with the rate at which new technology and productivity drives are throwing people out of work, this rapidly lengthening dole queues throughout the capitalist It is this coonomic situation which is causing the problems in Whitehall and the disputes in the Tory Cabinet Thatcher was elected with a promise of higher wages and an expanding economy through tax: cuts and Terrified Instead, within six months in she will be presiding over falling real wages through inflation, soaring unemployesent. The Treasury is terrified this will Tead to a massive struggle to defend real wazes next winter, and demands for huge Increases in public spending to provide jobs.
With i government becoming increasingly unpopular, that is a recipe for disaster for Tors policies How Treasury und Sir Geoffrey Howe sort out their budger problems we will soon see. Whatever the outcome, it will be bad news for the working class. But we can try to make their fears for next winter hecome a reality. That will tum the present disputes in Whitehall into a real crisis.
EUROPE