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Showing posts with the label #Crony_Capitalism

We Love You SRK, But You Must Answer for DHFL!

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  We Love You SRK, But You Must Answer for DHFL! Posted on 19th August, 2025 (GMT 03:30 hrs) ABSTRACT This statement calls on Shah Rukh Khan to take accountability for endorsing DHFL between 2015 and 2018, a period when lakhs of small depositors were persuaded to trust the company before its collapse in 2019, which wiped out over thousands of crores of rupees. Citing the Consumer Protection Act, it argues that Khan failed in his duty as a celebrity endorser to exercise due diligence, and demands a public apology, disgorgement of his endorsement fees, penalties under law, and a temporary ban on financial product endorsements. Drawing on his iconic film roles, the appeal frames accountability not as hostility but as an act of love and justice, urging Khan to stand with victims as the true hero he portrays on screen. It ends with a call for public action—signatures, solidarity, and collective pressure for justice. Shah Rukh Khan… the Baazigar, the Badshah, the King of Bollywood, ...

Hitting the Economic Hitmen At the Time of Global Heating

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 Hitting the Economic Hitmen At the Time of Global Heating Hitting the Economic Hitmen At the Time of Global Heating Posted on 18th January, 2025 (GMT 09:55 hrs) DEBAPRASAD BANDYOPADHYAY ⤡ AKHAR BANDYOPADHYAY ⤡ ABSTRACT The article discusses the role of economic hitmen, as outlined by John Perkins, Eric Toussaint and other theorists, in manipulating developing nations for financial gain. These individuals exploit countries through excessive loans, leading to debt traps and policies favoring multinational corporations. The piece connects these actions to global economic institutions like the World Bank, IMF, and WTO, highlighting their influence in shaping neo-colonial economic systems. It also examines India’s neoliberal policies since the 1990s, citing key figures who facilitated these strategies. I. The Extortionist Trio and “Economic Hitmen” Toussaint’s (2007) book,  The World Bank: A Never Ending Coup D’état , showed the World Bank’s role in global economic “developme...