440

'Opportunity cost'

$1.2 billion: One day's trading on the Australian Stock Exchange. $1 billion: The amount needed to restore public funding of higher education in Australia to pre-1990 levels. US$35.5 billion: One day's trading on the New York Stock Exchange.

May 1 strike launched at Tasmania Uni

BY BEA BREAR HOBART — Activists on the University of Tasmania's Hobart campus launched their campaign to encourage students to participate in the May 1 strike against corporate tyranny at a media conference here on March 8, announcing that they

SOUTH AFRICA: 'Every day of delay costs lives'

BY DR COSTA GAZI [The following statement was written on behalf of the AIDS Babies Battling AIDS (ABBA) Trust by Dr Costa Gazi, the outspoken critic of South Africa's African National Congress government's policy of refusing to supply

KOREA: Daewoo struggle seeks international support

BY IGGY KIM PARIS — A delegation from the Daewoo Workers' Joint Struggle Committee arrived here on February 23 to internationalise their current struggle against the bankrupt South Korean automobile manufacturer. The delegation is made up of Yu

The players

The real power in global financial markets rests with "institutional investors", the professional speculators: Commercial banks: The traditional big boys of the financial world, commercial banks' basic business is retail: to pay depositors less

BHP Coal faces protest as campaign continues

BY BILL MASON BRISBANE — BHP Coal's head office here faces a protest by anti-corporate activists on March 16, who will act in solidarity with the struggle by BHP coalminers in central Queensland. As part of a campaign to expose "corporate

Global revolt on campus

BY KEARA COURTNEY CANBERRA — The capitalist system wasn't unable to meet the needs of the majority of people, it was unwilling to, the Democratic Socialist Party's Max Lane told a forum held at the Australian National University here on March 7.

America's vengeful Vietnam fantasies

REVIEW BY PHIL SHANNON Vietnam and Other American FantasiesBy H. Bruce FranklinUniversity of Massachusetts Press, 2000256 pp, $59.95 (hb) Elvis is alive and living in Los Angeles. Our planet is regularly visited by extraterrestrial beings who

Democrats and Greens: parties of protest or part of the establishment?

BY SUE BOLAND The Democrats' leadership battle between current leader Senator Meg Lees and challenger Senator Natasha Stott Despoja was sparked by the party's poor results in the recent Western Australian and Queensland state elections where they

Write On

Socialist Alliance and the PLP — 1 Your reporting on the Socialist Alliance and position of leading members of the PLP in Sydney and Canberra was ambiguous and created a false impression. In Canberra there is, so far, no Socialist Alliance and

Looking out:

Looking out: Ruddock's Racist Rhetoric “If you look at a generation, you are looking at all people of that age. The question is do you allege that all of a particular age were affected by these measures? The actual answer is no” — Philip

M1 Canberra to blockade Mining Industry House

BY STUART MUNCKTON CANBERRA — After much debate over some months, the M1 Alliance here has decided to organise a peaceful blockade outside Mining Industry House, rather than join the blockade at the Sydney stock exchange. The decision was taken