As the auto workers' struggle with the Big Three U.S. auto makers continues, the business pages of the nation's newspapers have been hit with troubling news about the state of the world's largest auto manufacturer, General Motors. While GM's parts subsidiary, Delphi has filed for bankruptcy, GM itself has seen a huge loss in profitability, sales and its stock tumble to the floor.
The stakes are higher than ever. It's becoming increasingly clear to millions of workers that even in the "best of times", capitalism simply doesn't work anymore. The corruption, greed, and mismanagement of the system has reached unheard of proportions.
The arrogance of US imperialism is shown by its desire to dominate every area of theglobe. Asia is of special importance to Washington's long-term economic and strategic interests. Alan Woods reviews the aims and results of Clinton's recent visit to Asia and its impact on India, Pakistan, Kashmir and Afghanistan.