When the catastrophic financial crisis hit the capitalist world order a few years back and quickly metamorphosed into a great recession, we brought out a slim pamphlet titled “Capital in
18 September, 2008. US Treasury Secretary Ben Bernanke put up a sombre face and told the law-makers that if the government did not save the (financial) markets then there might
Before we proceed, however, we should recall that Karl Marx had to take leave of the international proletariat before he could work out a comprehensive theory of capitalist crisis. Capital
In the age of imperialism or monopoly capitalism (which Lenin identified as the economic essence of imperialism) or even more in the post- war era of monopoly finance capitalism (as
In its country of origin, the federal government and the Federal Reserve bailed out the banks and passed a stimulus bill that stopped the initial freefall in the economy. Governments
Lessons of History
Crisis always intensifies class struggle. Within the available space, we can only take brief glances at the most important flash-points of the crises-class struggle interface, historical junctures which
As on past occasions, the current crisis has been accompanied – or should we say complemented – by powerful mass movements everywhere against job loss, wage freeze, food crisis, price
On 3rd Cover
“Dystopia, the opposite of a utopia, describes a place where life is full of hardship and devoid of hope. Analysis of linkages across various global risks reveals a
