An introduction of the journal of socialist economists in the UK. The journal, beyond more than 50 issues, is a recognised forum for progressive thinking in the tradition of Marxist political economy.

The liberalisation of world trade under the auspices of GATT is often interpreted as creating equal opportunities for various countries in the world economy. A deeper analysis discovers the surviving discrimination behind the facade, and the increasing exposure of low income countries to monopoly groups of the capitalist core.

In the first of a new series of reports examining "Great Market Failures", the authors argue that market forces are preventing the development of a successful national football team and a balanced league structure. They argue that the problems of English football are structural. They call for the appointment of a football supremo to run the game, for a ban on mid-season transfers and for the axing of 4 teams from the Premiership.

The Zapatist uprising that broke out at the beginning of 1994, is not a direct continuation of previous guerilla movements, and lacks the racist features inherent in many Indian riots. It is a progressive movement demanding solutions to the economic problems created in Mexico during the recent decades.

The paper aims to promote a shift in focus towards the role of foreign capital in the economic transformation of ex-communist countries. It looks briefly at the context of the transnationalisation of economic activity, and looks at the objectives of foreign capital in the region, by examining the patterns of direct investment since 1990. Then the author reviews the impact of foreign capital on host countries, as well as policy responses of the region's governments.