PRAGOTI

A Report on the Occupy Wall Street movement.

Finally the American public has woken up to the global call for revolution. Right now, there are more than 9000 Americans gathered at the Wall Street with one common agenda “Occupy Wall Street”. Inspired by the massive public protests in Cairo's Tahrir Square and Madrid's Puerta del Sol Square, thousands have slept outside Wall Street for the past two nights starting from 17th September. One of the protestors says “This system of permanent growth is neither sustainable nor reasonable. This system is about to collapse on its own way. We are here to make it happen a little bit faster.”

A blog post on President Obama's recent defeat in US midterm elections and his visit to India

 An animated explanation of the global crisis of capitalism and its various explanatory formats. By David Harvey, eminent social theorist and Marxist. 

Well before the global financial crisis finally broke in September 2008, most people in developing countries were already reeling under the effects of dramatic volatility in global food and fuel markets. From late 2006, prices of most primary commodities first increased very rapidly, then collapsed even more sharply from their peaks in May-June 2008. This was not due to real economic forces, but rather financial activity, specifically the involvement of investors in index funds,writes Jayati Ghosh.