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While debates in the media and politics rage on about the issues of diplomacy, military campaigns, terrorism, fundamentalism, judiciary, constitutional complexities, etc, discussion on the crumbling economy and the aggravating suffering of the masses is being conveniently ignored. The failure and paralysis of the economic policies of the ‘experts’ of this system in decay has been starkly laid bare. With the cancerous growth of the parallel or black economy to more than two thirds of the total economy, the chances of any healthy revival of capitalism and development of society has been ruled out. In reality, capitalist crisis on a world scale has reached a juncture where it cannot improve living conditions and advance society as in the post-World War II period, anywhere.
