The November 26 strike is significant not only because it protests against the Modi government’s brazen and unprecedented attacks on workers and peasants in the country, not only because these attacks carry forward an imperialist agenda, but for a deeper…
Ministers from Narendra Modi to Nirmala Sitaraman are talking about a recovery of the Indian economy from the pandemic-induced crisis. Even the Reserve Bank of India which estimated the second quarter GDP growth to have been -8.6 percent, has seen…
Note: Opening the Miami Institute’s economics forum, Jayati Ghosh presents severe and persistent forms of discrimination and power imbalances in economic analyses, and underscores older and newer networks of scholars pushing back against these tendencies. Recently, mainstream economics has been…
Because a pandemic can be overcome only when it is overcome everywhere, embracing an every-country-for-itself approach would seem irrational. And yet, as the unseemly competition for vaccine doses indicates, that is exactly what many countries have done. The American pharmaceutical…
The fall in remittance flows following the loss of migrant jobs in leading host countries has been among the many adverse effects of the Covid crisis on developing countries. While there have been job losses across the board in regions…
South Korea, long lauded as a “model” for developing countries looking to transit to developed status, had lost some of its sheen after the 1997 Southeast Asian financial crisis. Yet, the return of stability after the crisis and the global…
On the fourth anniversary of demonetization, Narendra Modi has claimed that it succeeded in curbing black money. He probably believes he can get away with making this claim because of the passage of time. But most people in the country…
In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant Google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over…
It is often believed that the ability to pass on property to one’s progeny is an essential element of capitalism, without which the capitalists’ incentives will dry up and the system will lose its dynamism. Nothing could be further from…
The past year has brought into sharp relief the significant differences between China and the rest of the world. The experience of the pandemic is probably the most extreme and definitive expression of that: the ability of China to contain…
