The PostWar Structure under Stress continued:

1
Lecture 162/13/2008

• The Post-War Structure under Stress (continued)
• The End of the NIEO Challenge
• Bretton Woods is Dead
• The Cold War Limps towards Conclusion The USSR
  Struggles to Keep Its Bloc Together

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The Tet Offensive
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Evacuation of Saigon 1975
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Iran Hostage Crisis
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Dwindling Gold Reserves
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The End of Bretton Woods

• The need to devalue the dollar or induce
  deflation
• The refusal to do either
• The solutions1971, 1973

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Berlin Uprising 1953
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Hungarian Revolution
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Prague Spring
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Brezhnev Doctrine

• We cannot ignore the assertions, held in some
  places, that the actions of the five socialist
  countries run counter to the MarxistLeninist
  principle of sovereignty and the rights of
  nations to selfdetermination.
• The groundlessness of such reasoning consists
  primarily in that it is based on an abstract,
  nonclass approach to the question of sovereignty
  and the rights of nations to selfdetermination.
• The peoples of the socialist countries and
  Communist parties certainly do have and should
  have freedom for determining the ways of advance
  of their respective countries.
• However, none of their decisions should damage
  either socialism in their country or the
  fundamental interests of other socialist
  countries, and the whole working class movement,
  which is working for socialism.
• This means that each Communist party is
  responsible not only to its own people, but also
  to all the socialist countries, to the entire
  Communist movement. Whoever forget this, in
  stressing only the independence of the Communist
  party, becomes onesided. He deviates from his
  international duty.
• The sovereignty of each socialist country cannot
  be opposed to the interests of the world of
  socialism, of the world revolutionary movement.