FRAN HEATHCOTE believes that while the the Chancellor outlined some positive steps, the government does not appreciate the scale of the cost-of-living crisis affecting working-class people, whose lives are blighted by endemic low pay
MANY economists these days talk of a process of “de-globalisation” taking place; some others talk of the neoliberal regime of yesteryear no longer existing.
Of course, nothing remains the same forever: as the Greek philosopher Heraclitus said, “you cannot step into the same river twice.” Some change in the neoliberal order is inevitable with the passage of time.
But the real point is: has the analytical frame used for understanding the economic reality of the contemporary world, with a view to changing it, become obsolete and hence in need of serious revision?
Western nations’ increasingly aggressive stance is not prompted by any increase in security threats against these countries — rather, it is caused by a desire to bring about regime changes against governments that pose a threat to the hegemony of imperialism, writes PRABHAT PATNAIK
PRABHAT PATNAIK details the epochal shift of political power from Western neocolonialists to the people



