Volume 7, Number 5, February 5, 1980
Departments
From the Editor-in-Chief
by Daniel Sneider
Editorial Comment
by Nora Hamerman
Can Britain be saved?
Trade Review
Economics
Euro-Soviet Trade: No Time for Embargoes
by Mark Trisch
While the Carter administration shoots the U.S.A. in its own foot with trade embargoes, credit sanctions and related measures against the Soviet Union, America’s allies–and in particular West Germany’s industrialists–are quietly, but urgently signing trade agreement after trade agreement with the Russians, some of them unprecedented in scope. It’s not just a matter of good business. It could keep the world from going to war.
International Credit: Credits and ‘Risks’
by Peter Rush
Gold: Giscard’s Monetary Initiative
by Alice Roth
Foreign Exchange
by Richard Katz
Domestic Credit: The Economic State of the Union
by Lydia Schulman
Business Briefs
Special Report
The Erosion of U.S. Military Capability–Part 2
by Uwe Parpart
U.S. in-depth war-fighting capabilities have fallen far behind the Soviet Union, because of a massive erosion of U.S. industrial and research-and-development capabilities. Now, the President has issued a call to arms–arms that American “volunteers” can’t wield, that American industry can’t produce, and that are of the wrong type for use against the Soviets anyway.
Why the Economy Can’t Sustain a Major Increase in Arms Spending
by David Goldman
The Origin of the Riemannian Model
America’s Lost Capacity for Defense Production
by Dr. John Schoonover
Military R and D: The Aura of Poverty
by Dr. Steven Bardwell
How the Soviet Union Left the U.S.A. Behind
by Susan Welsh
International
Europe Takes Steps To Save the World from Carter
by Alice Roth
The leading nations of Europe have made clear their continued dedication to detente with the socialist nations, and their proposals and the Soviets’ are increasingly converging around monetary reform.
France: Giscard and Indira Form a New Global Alliance
by Paul Zykofsky
The President Interviewed: ‘Our Task: An Effective Nuclear Plan’
Soviet Union: The Kremlin Sends Messages to the West
by Edith Hassman
Italy: The Next Premier Pledges a Return to Détente
by Umberto Monteverdi
Chinese Mass a Million Troops: A New Viet Invasion?
by Richard Katz
The Islamic World: A Tilt toward Moscow and Paris
by Robert Dreyfuss
International Intelligence
National
The Candidates Assess the State of the Union
Three Democrats, beginning with President Carter, delivered “State of the Union” addresses last week. Only one appears to have proposed that the union should be in a different state.
Carter: The President Presents a Policy ‘Doctrine’
LaRouche: ‘The President Presents a Dangerous Bluff’
Apology to Republicans
Kennedy: A Rebuttal on Behalf of Liberals Everywhere
Restoring American Power: McCormack’s Fusion Bill
by Vin Berg
It is the first sign of sanity on the energy issue seen on Capitol Hill in years–and even more, it could help prevent war.
The Fusion Energy Research Act of 1980
Congressional Calendar
by Barbara Dreyfuss and Susan Kokinda
Campaign 1980
by Kathleen Murphy
National News
