World Events

Abstract

At the present stage in the Great War there are three major possibilities. One of these is represented by the Nixon administration in Washington; the second by the de Gaulle administration in France; the third by the program and promise of socialism. Nixon and de Gaulle place their hopes on the workability of reformed monopoly capitalism. Nixon would reform capitalism in a way that would permit the continued expansion of the fast-growing American Empire. De Gaulle would reform capitalism in a way that would unify West Europe under French direction. The socialists' bid for leadership rests on the proposition that monopoly capitalists have exhausted themselves in futile rivalry and that collectivism expressed in some variant of socialism offers mankind the safest and surest path of escape from the dead-end street in which 1969 bourgeois society huddles, doubts, fears, and whimpers.

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