India's streets are seething. For the second time in a few months, the young people of the Cockroach Movement are shaking the foundations of Modi's rule. Is this the beginning of the end for Modi? I am joined by Sushant Singh, consulting editor of Caravan Magazine and lecturer at Yale University, to examine the electoral roll revisions behind the uprising, exposed when the Indian Express revealed that two election commissioners had opposed their own chief's unilateral moves. According to Singh, in a deeply unequal country like India, the vote is the only equality its citizens have. Modi, however, has answered this deep political crisis with paramilitaries and a capital under siege. With India's institutions hollowed out, the youth have nowhere left to turn but the streets.

The truth about dedollarization is that it is unfolding but without a concrete plan. In this explainer, I argue that the dollar system is collapsing under its own contradictions while alternatives from the Global South have stalled. Lacking an empire like Britain's, the US could supply dollars only through deficits and, later, financial bubbles. Today the Federal Reserve is trapped between inflation and said bubbles. The real obstacle to alternatives, however, is the world majority's elites, who park their speculative wealth in the dollar system.

Why are the AI promoters who spent months resisting regulation suddenly asking for it? Warwick Powell, adjunct professor at Queensland University of Technology, joins me to connect the doomsaying about AI destroying humanity, the new appetite for regulation and the postponement of OpenAI’s much-trumpeted IPO. With capital expenditure soaring and analysts seeing no pathway to profitability, these firms have every reason to seek protective cover from government, while open models from China that are almost as good and far cheaper cannibalise their market. He underscores the severity of the Dutch disease pulling workers and materials out of the rest of US construction and into data centres. In capitalism, the system adopts AI as a labour-replacing device replacing an ever-increasing number of workers. Courts in china, however, have prohibited laying workers off if they are substituted by AI. Now more than ever, we need to transfer ownership of the means of AI production from billionaire capitalists to the masses.