Competition | Socialist Action 1983

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Today on the interests represents outlet.

pay the bill.

dustries American DCI There That is. Market would catastrophe.

up French' Or changed.

the Common Agricultural Policy (CAP) no longer looks like a transitional institution geared to opening up the way for real concentration in capitalist agriculture. It seems rather to have become a durable system serving to protect an uncompetitive agriculture world market. quence, it has become the Achilles Hell of European capitalist integration, the occasion of a succession of crises.

Now all the conflicting forces in the picture have to be labelled as tional', 'sectoral' or "political' special In the case of West German imperialism, over the past 25 years capital accumulation has become much more dependent on foreign The share of exports in the Gross National Product has grown from 15 to 33 per the Common Market West Germany's main Therefore, it is determined to maintain it at any cost and is ready to It is the main source of financing for the EEC which in reality has become a disguised form of sub. sidising West Germany's big export inLikewise, the Benelux countries and talv have seen the importance of the Common Market grow greatly as the main outlet for their exports. Some 70 cent of Benelux exports go to the Since they are much less competitive than the West German ones or 'third markets', they cherish the EEC as the apple of their eye. For these countries, the collapse of the Common be a real economic The pressure of the crisis, stepped.

the rise of protec tionism and sectoral contlicts are still operating. They will continue to weigh on any new advance in European inThus, the fundamental features of the situation have in no way Socialist Action 18 May 1984

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Socialist Action