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A political economy of communalism in south Asia

Hyderbad: “You Strike & We will Strike back”.

The message of ‘21/2 Hyderabad serial terror attack

By Feroze Mithiborwala

The strategic& political target of the terror attack, is the historic 2-day Strike of the Working classes, where more than 12 core or 120 million workers both from the organized & unorganized sectors participated & brought India to a halt.

This working class strike surmounted all calculations due to the scale at which the enraged working classes participated. This strike has shaken up the corporate-political elite & that is why they have struck back with a serial terror attack, where now more than 15 citizens have died & 50 grievously injured. The terror attack was orchestrated in Dilsukh Nagar, where there is a busy market & many cinema halls.

If the working class unrest takes the proportions which we witness in many nations across the world such as Greece & Spain, the ruling elite will witness a massive crisis, due to the growing burdens of price-rise, decreasing wages, increasing scams, spiraling inflation, the growing insecurity of the peasantry, workers& laboring classes, as well as the ever-widening rich-poor divide.

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Top of Chinese wealthy’s wish list? To leave China

by Wichaar Desk

BEIJING (AP) — Chinese millionaire Su builds skyscrapers in Beijing and is one of the people powering China’s economy on its path to becoming the world’s biggest.

He sits at the top of a country — economy booming, influence spreading, military swelling — widely expected to dominate the 21st century.

Yet the property developer shares something surprising with many newly rich in China: he’s looking forward to the day he can leave.

Su’s reasons: He wants to protect his assets, he has to watch what he says in China and wants a second child, something against the law for many Chinese.

The millionaire spoke to The Associated Press on condition that only his surname was used because of fears of government reprisals that could damage his business.

China’s richest are increasingly investing abroad to get a foreign passport, to make international business and travel easier but also to give them a way out of China.

The United States is the most popular destination for Chinese emigrants, with rich Chinese praising its education and healthcare systems. Last year, nearly 68,000 Chinese-born people became legal permanent residents of the U.S., seven percent of the total and second only to those born in Mexico. Canada and Australia are also popular. ….

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