The Crisis of Power?


Some recent events have once again sharply exposed the faultlines of India’s political economy. What the opposition forces today rhetorically and inconsistently call a communal, right-wing, fascist assault on the fundamentals of the Indian Constitution is in reality a manifestation of the growing constitutional crisis of state power in the context of India’s political economy and class-struggle.

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A Note on the Debt Crisis and Neo-Liberalism

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Pratyush

From Greece to Ireland and from USA to Japan a spectre is haunting international capitalism, the spectre of public debt. If the year 2008 would go into history as the year when banks started to default; 2010 would be remembered as the year when countries started defaulting on their loans. Continue reading “A Note on the Debt Crisis and Neo-Liberalism”