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In India and abroad, socialism is back

Globally, capitalism is considered a dangerous conspiracy that is certain to impoverish a country

Mihir S Sharma 

Mihir S Sharma Readers of this newspaper may not have noticed, but we are now living in a pre-1989 world. In fact, in a pre-1970s world. Globally, capitalism is considered a dangerous conspiracy that is certain to impoverish a country, and authoritarianism is viewed as permissible in the pursuit of national interests. And, above all, socialism is back.   I happened to be, this week, in the town of Brighton on the southern coast of England. Brighton is a picturesque resort, with much to recommend it — including the Pavilion built by the Prince Regent in the early 19th century, an early exercise ...

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First Published: Fri, September 29 2017. 22:03 IST
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