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Monthly Archives: August 2024

Home 2024 August

The Transient “Miracles”

  • August 26, 2024
  • Prabhat Patnaik
  • Political Economy, World Economy
  • 0 Comments

A Good deal of analysis of the recent political upheaval in Bangladesh has focussed on the high-handedness and authoritarianism of Sheikh Hasina’s government; it has either missed altogether, or generally underplayed, the change that has occurred in the economic situation…

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From protests and suspensions to Noam Chomsky: The decline of South Asian University

  • August 22, 2024
  • Jayati Ghosh
  • Economy and Society, Political Economy
  • 0 Comments

The latest controversy in the South Asian University, over an interview with a philosopher mentioned in a student’s research proposal that resulted in severe backlash and eventual resignation of an eminent foreign professor, would appear to be ludicrous if it…

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Politics over the Purse

  • August 21, 2024
  • C. P. Chandrasekhar
  • Economy and Society, Political Economy
  • 0 Comments

India’s quasi-federal democracy, which was in danger of collapsing into a centralised authoritarianism, seems to be holding up. The results of the 2024 Lok Sabha election that reduced the brute majority of the National Democratic Alliance fronted by the BJP,…

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The Crisis of Youth Unemployment

  • August 20, 2024
  • Jayati Ghosh
  • Economy and Society, Employment
  • 0 Comments

The “demographic dividend” that was so eagerly anticipated in India more than a decade ago has already become a demographic disaster. India’s burgeoning youth population is achieving higher levels of education, and then entering a labour market that simply does…

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The Pitfalls of Growth Under Unrestricted Trade

  • August 19, 2024
  • Prabhat Patnaik
  • Trade and balance of payments, World Economy
  • 0 Comments

The French economist J B Say had believed that there could never be a problem of aggregate demand in any economy, that whatever was produced was ipso facto demanded. There could of course be too many safety-pins and too few…

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Lessons from Bangladesh’s Uprising

  • August 14, 2024
  • Jayati Ghosh
  • Economy and Society, Political Economy
  • 0 Comments

The popular insurrection that ousted Bangladeshi Prime Minister Sheikh Hasina and her Awami League government offers important lessons for the international community and neighboring India. While the unrest was undoubtedly fueled by the regime’s repressive and increasingly anti-democratic tactics, exemplified…

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