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Yearly Archives: 2021

Home 2021

Time is Running out for a New Agricultural Model for the Global South

  • September 21, 2021
  • Jayati Ghosh
  • Food and Agriculture
  • 0 Comments

Climate change is posing immediate threats to humanity, and indeed to all living organisms on the planet, in extreme weather events across the globe. Other environmental stresses include rising water levels or falling water tables, desertification and salination. Agriculture—especially industrial…

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How Important is MSP-based Procurement

  • September 21, 2021
  • C. P. Chandrasekhar and Jayati Ghosh
  • Food and Agriculture
  • 0 Comments

Though not featuring in any of the three farm laws, the Minimum Support Price (MSP) at which the government promises to procure 25 different commodities through different agencies, is a central issue in the standoff between the government and protesting…

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Carbon Markets: Another frontier for finance

  • September 20, 2021
  • C. P. Chandrasekhar
  • Finance
  • 0 Comments

Carbon prices in the European Union (EU), or the value of one unit of an EU allowance (EUA) that gives the holder the right to emit one tonne of carbon dioxide (or its equivalent of other greenhouse gasses), are soaring.…

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The Unravelling of the Modi Arrangement

  • September 20, 2021
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

Liberal commentators see Modi’s rise as being caused exclusively by the ascendancy of Hindutva. But they never explain why Hindutva should suddenly acquire this ascendancy. If this ascendancy is traced to the demolition of the Babri Masjid, then why two…

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Asset Monetisation for Infrastructural Investment: An illogical plan

  • September 14, 2021
  • C. P. Chandrasekhar
  • Finance
  • 0 Comments

Announced with much fanfare as an innovative means of financing greenfield infrastructural projects, the National Democratic Alliance government’s asset monetisation plan raises a host of concerns. It seems predicated on undervaluing potential returns over a longish period to make the…

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Everything for Sale

  • September 13, 2021
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

Everywhere in the world people got vaccinated against the Covid-19 virus without having to pay a penny, but not in India. Everywhere in the world, historic landmarks that define a nation, that constitute the warp and woof of a nation’s…

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How Dynamic is Global Capitalism?

  • September 7, 2021
  • C. P. Chandrasekhar and Jayati Ghosh
  • World Economy
  • 0 Comments

Capitalism is supposed to be all about economic growth, through the dynamism that is created by competition. This growth is meant to be driven by investment (or accumulation) which in turn is used to justify the shares of national income…

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The Scandal of Old-age Pensions

  • September 6, 2021
  • Prabhat Patnaik
  • Macroeconomics
  • 0 Comments

Junior Minister for Rural Development in the central government, Sadhvi Niranjan Jyoti, ruled out in parliament any increase in the amount of monthly pension given by the centre to the elderly under the National Social Assistance Programme (The Telegraph, August…

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Panel Discussion: Three Decades of Neo-liberal Reforms in India: Critique and resistance

  • September 5, 2021
  • Macroscan Team
  • Macroeconomics
  • 0 Comments

Date: Sep 4, 2021 Time: 06:30 PM IST Speakers: Prabhat Patnaik, Professor Emeritus, Jawaharlal Nehru University C. P. Chandrasekhar, Professor of Economics (retired), Jawaharlal Nehru University Jayati Ghosh, Professor of Economics, University of Massachusetts, Amherst. Moderated by Prof. Surajit Mazumdar,…

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Neo-liberalism and Nationhood

  • August 30, 2021
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

The anti-colonial nationalism that informed the struggle for liberation in third world countries was, as is well-known, of an entirely different genre from the bourgeois nationalism that had emerged in Europe in the seventeenth century. There is a tendency in…

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