THE Communist Party of India (Marxist) organised a lecture by noted economist Prof. Prabhat Patnaik on "Capitalism, Inequality and Globalisation" in New Delhi's Constitution Club on July 30, as part of the Jyoti Basu birth centenary celebrations.

In his short welcome address, CPI(M) general secretary Prakash Karat said Jyoti Basu symbolised the working class movement in India and its achievements. He said Basu, who was first elected to the Bengal Provincial Assembly in 1946 from the Railway Workers constituency, was an outstanding leader of the Communist movement in India.