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CHAVEZ IS DEAD! LONG LIVE CHAVEZ

The former US president George W. Bush called Hugo Chavez of Venezuela a “devil” and allegedly backed his opposition in the subsequent elections, to the point that there were rumours, confirmed by Chavez, that the Americans had hatched a plot to kill him. Reports alleged that organisations like FBI and CIA were all primed up wanting to get rid of Chavez. There were numerous other assassination attempts, ranging from attempts by Gov. Manuel Rosales (his arch rival in domestic polity belonging to Un Nuevo Tiempo) to those by the Columbian secret police. However, all those attempts were foiled by the mercy of his fate, before he eventually died bravely fighting cancer on March 5, 2013. As his coffin, draped in the national flag, was passed through the streets of Caracas, the very sight of swelling crowds flocking in for the last glimpse of their beloved leader spoke volumes of his popularity and larger-than-life image. And why not! He was a socialist leader who had the guts to take US ...

As we dole out intellectually dead budgets, Cuba shows how commitment for the downtrodden can make a country great!

With another forgettable budget being presented in India, let me show how real commitment for the downtrodden can alter a country’s economic landscape! When the capitalist West won the Cold War against Soviet Union and Eastern European nations, it became an underlined conclusion among political pundits and in fact a common perception that capitalism was the real path for success – rather than socialism, which was made to appear as a sure shot road to economic doom! However, this self-ratified superiority of capitalism and the entire Western chest-thumping exercise that existed during those times and even the succeeding decades are all but gone. United States is grinding it out through an extended recession streak and Europe is literally struggling to keep the eurozone in one piece, with the entire eurozone on the verge of collapsing like a broken jigsaw puzzle. The recession in Europe and North America, which started in 2008, is like a never-ending nightmare with no sight of revival w...