Jour: 22 mai 2014

Capitalists, Technocrats and Fanatics: The Ascent of a New Power Bloc

Publié le Mis à jour le

By James Petras

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Introduction

The sweeping electoral victory of the Bharatiya Janata Party (BJP) in India is the latest expression of the world-wide advance of a new power bloc which promises to impose a New World Order harnessing ethno-religious fanaticism and narrowly trained technocrats to capitalist absolutism. The far-right is no longer at the margins of western political discourse. It is center-stage. It is no longer dependent on contributions by local militants; it receives financing from the biggest global corporations. It is no longer dismissed by the mass media. It receives feature coverage, highlighting its ‘dynamic and transformative’ leadership. Today capitalists everywhere confront great uncertainty, as markets crash and endemic corruption at the highest levels erode competitive markets. Lire la suite »

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