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Congress Split and the Left

December 13, 1969 which in the opinion of the financing institutions need further processing to prove their project viability, commercial feasibility, and market prospects, would be passed on to the team. The team's main task will be to work with the promoter, either at the plant or in their own office, working out the promoter's idea into a viable project-report, restructuring or recasting the project details, supplementing the data already provided. The role of this team will be to help the promoters formulate a bankable project and thus to assist the financing institution to screen and arrive at a financing decision. The primary responsibility for the financing decisions, and hence the basic financing risks, will of course devolve on the financing institution itself. Promotional and post- financing follow-up functions could, however, be subsequently entrusted to the teams.

Lenin and Revolution

August 2, 1969 Finally, Raj puts forward an amazing argument purported to demonstrate that religious sentiment does not have much effect on the size and composition of the livestock held in India, He observes that "it is in the Indo- Gangetic valley where Hindu orthodoxy is deeply entrenched and the sentiment against the killing of cows is strongest, that the pressure of human and bovine population on resources makes it most necessary to get rid of cows in preference for bulls for traction purposes and she-buffaloes for milk". He asks: "How does the table get turned so dramatically against the cows in Bihar and Uttar Pradesh?"; and answers: "Obviously, killing must be taking place, but perhaps the main technique adopted for getting rid of the cows is infanticide and deliberate, starvation". Apparently, this does not concern Raj as an economist. Does he suggest that infanticide and starvation are exact substitutes for slaughter and result in exactly the same size and ages- ex composition of the cattle population? Even supposing that they do, does he suggest that infanticide and starvation are economic substitutes for slaughter? Does he not recognise that the choice between infanticide-starvation and selective slaughter affects materially the relevant production functions in the livestock economy?

Czechoslovakia and Communism

Czechoslovakia and Communism At this stage it is difficult to attempt even a short-term prophecy on the likely outcome of the new model of socialism in Czechoslovakia.

Greatness by Revivals-Karl Marx The 150th Year

Greatness by Revivals Karl Marx: The 150th Year Mohit Sen In contrast to the thirties and the forties, when Marx literally burst upon the Indian intelligentsia, a fair amount of solid, empirical, investigative work has now been done in various fields by Marxist scholars. This is particularly true of economic history.

Barren Approach

Barren Approach Mohit Sen The Revolutionary Internationals, 1864-1943, edited by Milord Drach- kovitch; Hoover Institute, Stanford University Press, California,

Fifty Revolutionary Years

Mohit Sen The problem singled out for discussion here does not relate immediately to the great achieve- ments within the Soviet Union since the Bolshevik break-through in November 1917. It is that of combining peaceful co-existence with solidarity of world revolutionary forces outside the Soviet Union.

Irony and the Heretic

Irony and the Heretic Mohit Sen Ironies of History, Essays in Contemporary Communism by Isaac Deutscher; Oxford University Press; pp 278, 35 s.
IT IS A MEASURE of the quality of the analysis and language of Isaac Deutscher that his death makes one grieve that important events will now pass without his focussing their relevance. Particularly will this be so with developments in the international Commu. nist movement of which he used to be a challenging Marxist critic. The tragedy is that much was on the brink of happening that would have turned the irony of the heretic to something akin to joy. And now he is gone.

Coalition and Congress

Mohit Sen What we are witnessing in India today is polarisation, beyond what had existed during the freedom struggle and afterwards.
The rumblings and the crises are the product of the end of four decades and more of what one may call the undivided hegemony of the national bourgeoisie. And this is paralleled by the process of growing objective differentiation within this class with the emergence of clearly defined oligopolistic houses of industry and high finance.

A Swing to the Left

Mohit Sen Two significant aspects of the Congress debacle in the election need to be noted.
First, while the country has moved to the Left, the composition of the Congress power structure has changed in favour of the Right. The Left in the Congress has been left practically without a spokesman in Parliament. And the Congressmen from Madhya Pradesh, Maharashtra, Mysore, UP, Bihar etc returned to the Lok Sabha are more to the Right than their predecessors in the third Lok Sabha.

The Meaning of Menon

movement contains not only meaning but guidance there is deep significance in the decision of Krishna Menon to quit the Congress and to challenge the official leadership on the basis of the Congress platform. There has been a follow-up move in Delhi with Aruna Asaf Ali taking the lead. One is irresistibly reminded of the 1939 Tripuri Congress and its aftermath when Su- bhas Hose challenged Gandhiji himself. It may be interesting to look at the parallel before examining the important differences.

New Economics

New Economics Mohit Sen The New Economics, E Preobrazhensky, with an Introduction by A Nove; Oxford University Press, London, 1965; pp 310 + xxi.


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