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Yearly Archives: 2019

Home 2019

A Striking Contrast

  • August 8, 2019
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

One of the immanent tendencies of capital is to commoditize every sphere of life; and under neo-liberal capitalism where the immanent tendencies of capital are given full play, we find the sway of commoditization reaching into new areas. The commoditization…

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IBC Unravelled

  • August 6, 2019
  • C. P. Chandrasekhar
  • Finance, Macroeconomics
  • 0 Comments

The Indian government’s effort to resolve by force its banking crisis with the help of the Insolvency and Bankruptcy Code (IBC) has hit yet another roadblock. Even when major secured creditors agree to a resolution plan, because they have to…

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A False Theory

  • August 2, 2019
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

First it was the Finance Secretary who said that if the government borrowed less then more savings would be available for the private sector to borrow. Then it was the Deputy Governor of the Reserve Bank of India who talked…

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India’s withering Public Employment

  • July 30, 2019
  • C. P. Chandrasekhar and Jayati Ghosh
  • Employment, Political Economy
  • 0 Comments

While the neoliberal focus has been on attempts to “shrink the state” on the grounds of corruption and inefficiency, sensible people have long recognised that high levels of public employment tend to be associated with better quality of life for…

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Why Aggregate Employment in India is Shrinking?

  • July 29, 2019
  • Anamitra Roychowdhury
  • Employment
  • 0 Comments

The jobs crisis prominently visible among rural females earlier has now spread to the rural male segment Question of livelihoods and the lived reality of people, sooner or later, catch up with any democratically elected government. One of the major…

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Call for Applications: The First Nagwain School on Marxism

  • July 28, 2019
  • Macroscan Team
  • Development Economics
  • 0 Comments

CALL FOR APPLICATIONS Society for Social and Economic Research in collaboration with Knowledge Commons is organising The First Nagwain School on Marxism Dates: September 20 to October 4, 2019 Venue: Society for Technology and Development (STD), Nagwain, District Kullu, Himachal…

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Women in Agriculture : Challenges and Way Ahead

  • July 26, 2019
  • Macroscan Team
  • Development Economics
  • 0 Comments

What are some of the challenges faced by women in agriculture in India? What are the possible ways out of the agrarian crisis, that is hurting women farmers and agricultural workers the hardest? This video provides a glimpse of the…

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Fifty Years after Bank Nationalization

  • July 22, 2019
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

Fifty years ago on July 19, 1969, fourteen large private banks had been nationalized. Ironically the Golden Jubilee of that event, which had been a significant step in the process of building up a new financial architecture for the country,…

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The Exploitation Time Bomb

  • July 18, 2019
  • Jayati Ghosh
  • Economy and Society, Finance
  • 0 Comments

The self-reinforcing pattern of high profits, low investment, and rising inequality poses a threat not only to economic growth, but also to democracy, argues Jayati Ghosh. Click here for full article. * This article was originally published in the Project Syndicate on July 16,…

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The Structure of Corporate Finance

  • July 16, 2019
  • C. P. Chandrasekhar and Jayati Ghosh
  • Finance
  • 0 Comments

With India’s development strategy relying increasingly on private investors across industrial and infrastructural categories, the question of how private investment would be financed has moved to centre stage. This question has gained in significance not merely because areas earlier reserved…

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