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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.
The neofascist assault on democracy is a last-ditch effort on the part of neoliberal capitalism to rescue itself from crisis. The only solution is a decisive retreat from globalized finance.
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