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Yearly Archives: 2024

Home 2024

The Question of Pensions

  • January 15, 2024
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

We observe a strange phenomenon everyday, so strange that its strangeness goes generally unnoticed. Government spokespersons from the prime minister downwards go on repeating ad nauseam that India is the most rapidly growing major economy in the world today, that…

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The Unpaid Workers who are Described as “Employed”

  • January 9, 2024
  • Jayati Ghosh
  • Economy and Society, Employment
  • 0 Comments

There has been much excitement recently at the supposedly significant recent increase in work participation rates in India, which is being heralded as a sign of the success of the current government’s economic policies. How significant is this increase in…

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What “Dollarisation” Entails

  • January 8, 2024
  • Prabhat Patnaik
  • Finance, Macroeconomics
  • 0 Comments

Argentina’s new president Javier Milei proposes to use US dollars as the currency of his country, while abolishing its central bank altogether. What is involved in this proposal is not just maintaining a fixed exchange rate between the dollar and…

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An Education Policy for Colonising Minds

  • January 1, 2024
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

Imperialist hegemony over the third world is exercised not just through arms and economic might but also through the hegemony of ideas, by making the victims see the world the way imperialism wants them to see it. A pre-requisite for…

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