In effect, the current problems that the world economy faces are a reflection of the broader inability to contain the political power of finance.

Professor Jayati Ghosh, economist from the Jawaharlal Nehru University talks about the restructuring of the International Monetary Fund and the World Bank; in the context of the Brazil-Russia-India-China (BRIC) and the India-Brazil-South Africa (IBSA) summit held in April 2010.

It speaks volumes for the nature of capitalism that a slim little book first written more than half a century ago can still seem so fresh and relevant.

Prices of essential commodities have gone up beyond imagination. The Central Government has been making promises but taken no action and 'Aam Admi' is feeling the pinch.