Abstract
Despite a series of high level international conferences during 1983 no agreement has yet been reached on a coordinated strategy against the world economic crisis. In the view of Frederick F Clairmonte they “have only dramatized the economic antagonisms that have sprung from the depth of the global depression.” In this article he looks at the causes of the crisis, especially the role played by transnational corporations, and argues for a redefinition of the relationship between nations and the “State/TNC/TNB power complex”.