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Author: Prabhat Patnaik

Home Prabhat Patnaik
This author has written 375 articles

The Economy Under Modi

  • June 20, 2017
  • Prabhat Patnaik
  • Food and Agriculture, Macroeconomics, Poverty
  • 0 Comments

The Modi government’s record in tacitly supporting the actions of  a bunch of vigilante thugs who have been terrorizing the country, especially the Muslims and the dalits, in the guise of gaurakshaks, or opponents of love jihad, or “nationalists”, has…

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Growing class Resistance Against “Globalization”

  • June 19, 2017
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

The term “globalization”, though much used, is extremely misleading, as is its presumed “other”, “nationalism”. This is because both terms are used as blanket terms without any reference to their class content, as if there can be only one kind…

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A Simple Arithmetic

  • May 25, 2017
  • Prabhat Patnaik
  • Food and Agriculture, Macroeconomics, Poverty
  • 0 Comments

The Modi government is completing three years in office amid much fanfare and propaganda about its achievements during this period. Aiding this propaganda is the advance estimate of GDP which projects a growth-rate of 7.11 percent for 2016-17, a shade…

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World Capitalist Crisis getting Accentuated

  • May 22, 2017
  • Prabhat Patnaik
  • Finance, World Economy
  • 0 Comments

At the last Spring meeting of the IMF and the World Bank, Christine Lagarde, the Managing Director of the IMF, had confidently stated that the world economy was on the path of recovery, a view echoed by most official soothsayers…

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The Ways of the Judiciary

  • April 26, 2017
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

Last month the Supreme Court made two important pronouncements in the space of just a few days. One was on the question of who had ownership rights over the land at the Babri Masjid site; the other was on the…

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Industrial Growth and Demonetization

  • April 24, 2017
  • Prabhat Patnaik
  • Industry, Political Economy
  • 0 Comments

Some weeks ago when the official “quick estimates” of GDP for the third quarter of 2016-17 (October-December) had been released, putting the GDP growth in this quarter (over the corresponding quarter of 2015-16) at 7 percent, which broadly conformed to…

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Communalism and Working Class Struggles

  • April 10, 2017
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

Comrade B.T. Ranadive used to reminisce that in pre-independence Bombay (as it was then called) there would occasionally be impressive workers’ strikes at the call of Communist-led trade unions which were powerful in the city at that time, at which…

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The Nefarious Money Bills

  • April 3, 2017
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

True to form, the BJP government is all set to change the texture of the Indian State into a snooping and terrorising institution whose bonding with corporate capital will now get even closer and beyond any public scrutiny. And the…

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Narendra Modi on Poverty

  • March 20, 2017
  • Prabhat Patnaik
  • Economy and Society, Macroeconomics
  • 0 Comments

In his speech to BJP workers in Delhi after the Assembly election results had been declared, Narendra Modi announced that his policy henceforth would be to empower the poor by providing them with opportunities, instead of handing out doles to…

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The Latest GDP Estimates

  • March 13, 2017
  • Prabhat Patnaik
  • Economy and Society, Macroeconomics
  • 0 Comments

Perhaps no other public policy debate in post-independence India has seen as much of an “inversion of reason” on the part of the government as the demonetization debate. When critics were pointing, on the basis of government statistics themselves, to…

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