Meghnad Desai is Professor Emeritus of Economics at the LSE. He is founder of LSE Global Governance. From 1990-1995 he was Director of LSE's Development Studies Institute and has been at the LSE for over 30 years. In 1991, Meghnad Desai was created Lord Desai of St Clement Danes. His latest book is Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism.