Monday, March 21, 2011

THE CRISIS THIS TIME

FROM : THE HINDU
PHOTO : www.hindu.com

Profitable, yet risky trade

C. T. KURIEN

Derivatives: those at the top become wealthier; those at the other end go into debt


THE CRISIS THIS TIME - Socialist Register 2011: Leo Panitch, Greg Albo, Vivek Chibber; LeftWord Books, 12, Rajendra Prasad Road, New Delhi-110001. Rs. 350.

During the past four decades and more, a group of committed analysts, admittedly with Left leanings, have been bringing out an annual publication, Socialist Register, to make available their interpretation of pressing contemporary problems. The latest in the series deals with the global economic crisis that surfaced in 2008-09 and is still running its course in the United States, Europe, and many other parts of the world.


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