Revolution - of all fundamental socioeconomic relations - there are relations between human beings.
What has happened then? There has been an accentuated phenomenon of international concentration and centralisation of capital. But this is accompanied by a series of other phenomena, whose breadth must be appreciated. First, we are witnessing what I call the "reprivatisation of money"; it is the consequence of the enormous power of multinational companies, which are increasingly escaping any kind of governmental control. The policy of deregulation as carried out by Reagan and Thatcher is not the cause of this phenomenon but precisely its consequence. To give the most important example of the significance of the phenomenon no one knows the volume of capital circulating on a world In the current International Viewpoint, monthly review of the Fourth International: France after Mitterand; Algeria: what can feminists do?; World Summit for Social development - and attacks on the poor South and North; Mexico - Rosario Ibarra Interview; Plus: Germany; Spain; Russia; Quebec; Halti; Turkey, and more. BRITAIN: Send £22 for one year to 'Outlook International', PO Box 1109, London N4 2UU. REST OF THE WORLD: Send US$60 or 330 French Francs to 'PECI', Bolte Postale 85, 75522, CEDEX 11, France.
SOCIALIST OUTLOOK No 85, June 10 1995, Page 12