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Author: Prabhat Patnaik

Home Prabhat Patnaik
This author has written 391 articles

A Matter of Survival of the Peasantry

  • January 4, 2021
  • Prabhat Patnaik
  • Food and Agriculture
  • 0 Comments

The kisans gathered around the Delhi border have unerringly put their fingers on the real issue confronting them, namely their very survival as peasants. Till now there was an arrangement in the country which, though crumbling under the impact of…

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Countering the Corporate-hindutva Narrative on the Nation

  • December 21, 2020
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

The kisan agitation has become more than simply a fight for MSP or against the corporatization of agriculture. Through its practice, it is recovering a narrative that is opposed to the hegemonic narrative promoted under neo-liberalism. And as the Modi…

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Misconceptions about the Food Economy

  • December 20, 2020
  • Prabhat Patnaik
  • Food and Agriculture
  • 0 Comments

The Indian intelligentsia has an incredible propensity to swallow the self-serving arguments of metropolitan capitalism that are typically supposed to constitute ‘economic wisdom’; and nowhere is this more evident than in the case of India’s food economy. There is a…

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Agriculture and the Free Market

  • December 14, 2020
  • Prabhat Patnaik
  • Food and Agriculture
  • 0 Comments

In the context of the on-going country-wide kisan movement for repealing Modi’s three Agriculture Bills, while an overwhelming majority of commentators have stood with the position taken by the kisans, a few, though not necessarily agreeing with Modi, have raised…

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What the Second Quarter GDP Estimates Reveal

  • December 7, 2020
  • Prabhat Patnaik
  • Macroeconomics
  • 0 Comments

It is ironic that government spokespersons should exhibit so much euphoria over the second quarter (July-September) Gross Domestic Product estimate, which shows a drop “only” of 7.5 per cent compared to second quarter 2019-20. The expectation had been that the…

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A Strike against the Discourse of Unreason

  • November 30, 2020
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

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…

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Immiserisation behind the Recovery

  • November 23, 2020
  • Prabhat Patnaik
  • Macroeconomics, Political Economy
  • 0 Comments

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…

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Modi on Demonetization

  • November 16, 2020
  • Prabhat Patnaik
  • Macroeconomics
  • 0 Comments

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…

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Capitalism and Inheritance

  • November 9, 2020
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

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…

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Labour Hours Lost during the Pandemic

  • November 2, 2020
  • Prabhat Patnaik
  • World Economy
  • 0 Comments

The International Labour Organization (ILO) has for some months been bringing out a report that monitors the impact of the pandemic on the world economy, especially the labour-hours lost because of the lockdown and their ramifications. The statistics it provides…

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