Demystifying A Debacle

The monograph under review is one of many attempts to demystify the recent crisis. The author offers an explanation of the incipient causes of the financial crisis and outlines the sequence of events that flicked the first domino so to speak. The stated purpose of the book is to generate an informed ‘working class’ opinion on the crisis, the response of the US government and other national governments.

Caste and Class

Morton Klass’s book is perhaps the most important analysis of the Indian caste system to come out of western scholarship in the last thirty years. It comes at an opportune time – when the economic and social crisis of Indian society has reached the point where caste divisions among the labouring masses have become a major weapon of the ruling classes and ‘atrocities against Harijans’ have leaped into the front pages of all daily papers.