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Yechury vows to overthrow globalisation forces

Monday 4 October 2004

NEW DELHI: Even as the government attempts to duck moves from within to change the economic paradigm by promising a redesigned reforms, the Left appears determined to persist with its demand for a large dose of the failed policies of the past.

This was clear when CPM’s polit bureau member Sitaram Yechury, who has been overtalking himself on policy matters ever since the UPA government assumed office, said his party will intensify the struggle “to overthrow forces of globalisation”.

Mr Yechury, who was speaking at a seminar in ?Class struggle in the age of globalisation’ in Thiruvananthapuram, also differed with the government leadership’s promise to pursue the policy of “reforms with a human face” - a euphemsim for incorporating the impact of political cycles in economic decision-making.

Globalisation and ?human face’ simply cannot exist together. But it does not mean that we should not fight for human face. Whatever can be extracted for the welfare of the common man should be wrested for them,” Mr Yechury said.

At the seminar of CPM faithfuls, Mr Yechury said the globalisation process, which sought to break traditional boundaries between countries allowing free flow of wealth, was unsustainable. “Disparities in the world are on the rise, but with increasing exploitation, there would be shrinkage in the overall purchasing power of the majority, which would block further expansion of capitalist production,” he said.

The CPM leader’s assertions contradicted the government leadership’s belief that India is, and will, remain an important beneficiary of globalisation. According to the government, the country has been benefitting from global movement of capital, global movement of technology and globalisation of markets.

However, for Mr Yechury, the political objective of globalisation was economic recolonisation of Third World countries. “The United States is using the process to strengthen its hegemony over the world,” he said.

The UPA government’s appeasement phraseology “reforms with human face” was also cited by Mr Yechury to drive home his party’s political point that the acceptance of the phrase showed that the “ruling classes” has now been forced to recognise the needs of the “toiling masses”.

Mr Yechury said the reform process in India has led to intensification of exploitation. “But the ruling classes had been made to realise the needs of the common people as was proved by the new government accommodating many of their demands in the Common Minimum Programme.”

That the developments in Communist countries has not changed the mindset of the CPM was clear when Yechury declared that the culmination of the struggle of the working classes was the replacement of capitalism by socialism.

They talk about the TINA (there is no alternative) factor of globalisation. But there is an alternative to TINA and that is SITA (socialism is the alternative),” Mr Yechury said.

P.S.

in "The Economic Times", Monday, October 4, 2004.

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