Prof. Prabhat Patnaik on “Gandhi, Technology and Empowerment”
The fourth and final one in the lecture series organised by SAHMAT to commemorate the Centenary Year of the October Revolution was held on Saturday, 5 November 2016 at Gulmohar Hall, India Habitat Centre, Lodhi Road at 7 pm. The talk was on Marxism, Liberalism and the Contemporary World by Prabhat Patnaik, economist and social commentator. The final lecture in the series discusses the current world conjuncture and the lessons of the October Revolution in this context. It contrasts the liberal and Marxist approaches to the contemporary capitalist crisis.
To commemorate the Centenary year of the October Revolution, SAHMAT is organizing a series of 4 lectures to be delivered by Professor Prabhat Patnaik. This one is third in the series. Renowned Marxist thinker and economist Patnaik in this lecture on “Spontaneity of Capital”, characterized the post-War period as a temporary restructuring of capitalism, forced on to it due to a serious communist threat. He goes on to talk about policies of Thatcher and Reagan, Centralization of capital, inter-imperialist rivalry, globalization, and its impact across the world.