ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Contemporary Global Capitalism: Multi-pronged Crises

The grand failure of many a financial institution in the US is one of three such crises that have affected the world today; the others related to oil prices and food shortages. These in sum have broken the back of neoliberal triumphalism, and have resulted in a spatial shift in global capitalism. No wonder, it is time to address alternatives to this greed driven, unregulated and excess-motivated system. Such an alternative must be based on the principles of ecological sustainability, social justice and democratic participation.

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