Created: Friday, 15 May 2009 10:36
Written by FRFI
FRFI 157 October / November 2000
Prague was the first ex-socialist Eastern European capital city to host a major meeting of the IMF and World Bank. The Czech Republic is a key target for imperialist domination, being strategically at the heart of Europe. It is well placed, particularly for US imperialism, to limit the eastward extension of German capital and to act as a spring-board for further expansion into the eastern bloc and Russia.
Czechoslovakia had the second most developed economy in the eastern bloc and the Czech Republic has since managed to ditch its poorer federal partner, Slovakia, so it has plenty of ripe economic cherries for the multinationals to pick.
The Czech Republic has been a loyal servant of imperialism over the past few years. Last year it joined NATO and now it is queuing to join the EU. Its reactionary President, Vaclav Havel, was probably the second most honoured ideologue of anti-communism after the Pope. Havel is now a very rich man. Earlier this year the Czechs proposed the vote on human rights at the UN against Cuba, shamelessly doing the dirty work of the United States.
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