
MONTHLY REVIEW MAGAZINE: The latest issue features ‘India’s Ruling Class and the Global Crisis’….
India’s Ruling Classes and the Global Crisis
In recent years, India’s ruling classes claimed—and perhaps came to believe—that their time had come on the world stage. India was the fastest-growing major economy, due soon to be the third largest, constituting a new global power. India’s biggest tycoons figured among the world’s top twenty billionaires, part of the transnational elite. Prime Minister Narendra Modi declared that India would be a “developed country” by 2047, the centenary of the end of colonial rule.