Particular battles often have a significance that goes beyond the immediate context, of which even the combatants may not be fully aware at the time. One such was the Battle of Plassey, which was not even a battle since one…
In the entire history of post-independence India, no single economic measure has been as devastating for the people and as utterly futile in achieving its stated objectives, as the demonetisation of currency notes, of Rs 500 and Rs 1000 denomination,…
Marxist theory develops with changing times, as capitalism itself develops, which is why it remains a living doctrine. On the question of the role of the peasantry in the revolutionary process that leads to the transcendence of capitalism, there have…
Liberal commentators see Modi’s rise as being caused exclusively by the ascendancy of Hindutva. But they never explain why Hindutva should suddenly acquire this ascendancy. If this ascendancy is traced to the demolition of the Babri Masjid, then why two…
Everywhere in the world people got vaccinated against the Covid-19 virus without having to pay a penny, but not in India. Everywhere in the world, historic landmarks that define a nation, that constitute the warp and woof of a nation’s…
The anti-colonial nationalism that informed the struggle for liberation in third world countries was, as is well-known, of an entirely different genre from the bourgeois nationalism that had emerged in Europe in the seventeenth century. There is a tendency in…
Many would remember that the Soviet Union and other Eastern European socialist countries used to be characterized by long queues of consumers for several commodities. This was a source of much derision in the West and was attributed to the…
There has of late been an upsurge of extreme right-wing, fascist, semi-fascist or neo-fascist parties all over the world in a manner reminiscent of the 1930s. Fascist governments invariably serve the interests of monopoly capital in general, and of the…
Forced by the 1997 Southeast Asian crisis to recognize the external vulnerabilities that openness to volatile capital flows result in and upset over the post-crisis policy responses imposed by the IMF, countries in the sub-region saw the need for a…
The People’s Bank of China’s network of local currency swap arrangements provide Asian countries with a much-needed safety net, while also strengthening China’s diplomatic position. For full article Click here (This article was originally published in The Institute for New…
