Protest in Havana, 12 July 2021 (Photo: Wikimedia Commons)
Economy

Cuban protests – what do they represent?

On 11 July, Cuba was rocked by the largest protests to have taken place since the “Maleconazo” protests that erupted in 1994. The 1994 protests followed the collapse of the former USSR and the abrupt cutting off of aid to Cuba. It resulted in a staggering 30% decline in Cuban GDP and the introduction of what Fidel Castro dubbed at the time the “special period”. read more

Analysis

The Crisis of Indian Capitalism


The crisis of Indian Capitalism – Part 1

The buzz created by Modi’s announcement of 20 lakh crore*/** package didn’t last long. Very next day after the theatricality of announcing meagre contents of the package in 5 tranches to make it appear bigger was done on 17th May, the stock market crashed by 1000 points. Many articles and commentators have thoroughly exposed the package which is nothing but a hodgepodge of many irrelevant announcements meant to deliver an aggregated amount of 20 lakh crore. */** read more