From Petrol to Politics: The Economic Fallout of India's New Alliances | Cracknomics Ep 83

For the first time in the world, we are witnessing not just war, but the celebration of war. People are seemingly ready to put aside their daily anxieties and bear the burden of skyrocketing fuel prices, all while a global conflict reshapes our reality. The recent attacks by the US and Israel on Iran have fundamentally altered the global picture. On one side are those relentlessly pushing a colonial project to consolidate the world's resources into the hands of a few powerful nations. On the other side stand those who, through sheer courage, are challenging these superpowers. In between are countries that, despite their own crumbling foundations, project themselves as safe havens. This new reality forces us to confront a difficult question about our own nation. India, a country born from a 200-year-long freedom struggle against the British, a nation synonymous with Gandhi and a non-violent liberation movement, now finds itself, for the first time, seemingly abandoning its moral compass to stand alongside oppressors like the US and Israel. We are appearing not as the leader of the Global South, but as a follower of the Global North. This conflict is not a distant event; it has direct and tangible consequences for us. It impacts our trade, our manufacturing, our agriculture, and our shipping costs. The secondary effects will soon be felt in the rising prices of everyday goods, from cooking oil to fuel. Who ultimately benefits from this war? How much damage will it inflict on your life and livelihood? And how is this war reshaping our relationships with other nations? We explore in #Cracknomics this week. Join The Wire's Youtube Membership and get exclusive content, member-only emojis, live interaction with The Wire's founders, editors and reporters and much more. Memberships to The Wire Crew start at Rs 89/month. https://www.youtube.com/channel/UChWtJey46brNr7qHQpN6KLQ/join