The general phenomenon is normally called 'weight transfer' (between the axles). It's just the reaction to the axle torque (which translates into tractive effort), which is basically opposed by the weight of the loco.
If the only wheelslip control available is to control the current through
all of the traction motors e.g. by varying the alternator output, the 'lightest' axle (which in theory will slip first as the torque increases) becomes the limiting factor in the torque that can be generated by any of the axles. Some bogie designs attempt to mechanically minimise the weight transfer effect e.g. a fairly extreme example are the inclined struts on the outside of the bogies on many South African electric locos like the 11E series (which can compensate for up to 15% transfer) -
https://en.wikipedia.org/wiki/South_African_Class_11E#/media/File:SAR_Class_11E_11-009.JPG
If you have individual axle control (e.g. SEPEX), you can maximise the overall loco tractive effort by applying as much torque as each axle can handle before slipping (so the 'heavy' axles end up generating more torque than the 'light' axles'). This is electrical weight transfer compensation.
As a example of this, on a modern Co-Co US GE/Wabtec heavy freight loco with individual axle control, a 'heavy' axle is allowed to generate up to around 10% more than one-sixth of the whole loco tractive effort limit, balanced out by a 'lighter' axle generating less than one-sixth. The overall loco tractive effort limit is there to avoid excessive coupler stress when multiple locos are used (e.g. a pair of them can generate more starting tractive effort than four cl.66).
As for the cl. 58 wheelslip issues, from what I've read over the years I believe it was caused mostly by the bogie design, with a contribution from the electrical system design.