South Asian nation states were formed at the end of WWII, when Colonial Imperialism was given a body blow by the war. Britain, France and other European colonial capitalist states were badly weakened. Socialism was in ascendency, but US capitalism was also advancing. Today capitalism is in decline and is in its rottenest stage in the G-7 countries. The impact of it in South Asia will be examined, keeping in view the short military conflict between India and Pakistan.
Raj Sahai is a retired engineer and has been a researcher and activist with the Institute of Critical Study of Society, which he joined in 2006. He is a US citizen, an immigrant from India, he has lived in Illinois and California since 1966.