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Prabhat Patnaik is Professor Emeritus at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi. His books include Accumulation and Stability Under Capitalism, The Value of Money, Re-envisioning Socialism, and, most recently, Capitalism and Imperialism: Theory, History, and the Present, co-authored with Utsa Patnaik.
We’re witnessing the last-ditch effort of neoliberal capitalism to rescue itself from crisis.
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This is a perilous moment for independent media. As a small nonprofit—with no sponsor or endowment—we rely on the generosity of readers to support our work.
Will you please consider making a tax-deductible donation today?
Every contribution helps pay our writers and sustain our website—always free to read for everyone, since you can’t build a more just world behind paywalls.