Macroscan
  • home
  • themes
    • Macroeconomics
    • Finance
    • Fiscal Policy
    • Climate Finance
    • Monetary Policy
    • Trade and balance of payments
    • Food and Agriculture
    • Industry
    • Services
    • Employment
    • Poverty
    • World Economy
    • Development Economics
    • Economy and Society
    • Political Economy
  • about us
  • register
  • contact us
  • archives

Author: Prabhat Patnaik

Home Prabhat Patnaik
This author has written 391 articles

The Pervasiveness of Poverty in India

  • November 27, 2023
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

One of the striking findings of the Bihar Caste Survey, which bears out what the Left has been asserting for a long time, is that absolute poverty in the country is far more pervasive than what successive governments in India…

Read More→

Settler Colonialism under a Shroud of Victimhood

  • November 20, 2023
  • Prabhat Patnaik
  • Development Economics, World Economy
  • 0 Comments

The eighteenth and nineteenth centuries had witnessed the emergence of two different paradigms of colonialism: the first, of which India was the classic example, involved the conquest of countries which had had a history of established central administrations that were…

Read More→

The Growing Crisis of Unemployment

  • November 13, 2023
  • Prabhat Patnaik
  • Employment, Political Economy
  • 0 Comments

In an economy like ours where the work-force is not neatly divided into “the employed” and “the unemployed”, and instead there is massive and growing casualisation of work, measuring unemployment is a tricky business. It necessarily means asking a person…

Read More→

Western Left and the US-China Contradiction

  • November 6, 2023
  • Prabhat Patnaik
  • Economy and Society, World Economy
  • 0 Comments

Significant segments of the non-Communist Western Left see the developing contradiction between the United States and China in terms of an inter-imperialist rivalry. Such a characterisation fulfils three distinct theoretical functions from their point of view: first, it provides an…

Read More→

Fascistic Hostility to Evidence

  • October 30, 2023
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

All fascistic outfits have one common characteristic: they reject outright all evidence that goes against the narrative they spin; and the Hindutva elements in power in India are no exception. Their narrative presents India as the fastest growing economy in…

Read More→

Genocide in Gaza

  • October 23, 2023
  • Prabhat Patnaik
  • Development Economics, World Economy
  • 0 Comments

In response to the attack by Hamas on October 7, Israeli forces have not only pounded the Gaza strip with massive bombing, killing nearly 2000 Palestinians and wounding at least 7000 (till Friday night), but have cut off all supplies…

Read More→

Globalised Capital and National Leadership

  • October 9, 2023
  • Prabhat Patnaik
  • Political Economy, World Economy
  • 0 Comments

One of the most intriguing questions at present is why Europe’s political leadership has become complicit in what appear to be US efforts at undermining European economies. The well-known American investigative journalist Seymour Hersh, having already provided evidence that the…

Read More→

Destroying Forests for Profits

  • October 2, 2023
  • Prabhat Patnaik
  • Food and Agriculture, Political Economy
  • 0 Comments

The Modi government, ever solicitous of corporate interests, has launched a plan whereby real estate developers and other corporates will be allowed to destroy large swathes of India’s forest cover for starting projects that rake in profits. It is amending…

Read More→

On the Current Food Price Inflation in India

  • September 25, 2023
  • Prabhat Patnaik
  • Food and Agriculture
  • 0 Comments

The current upsurge in prices in India is led by food prices. In July 2023 while retail inflation was 7.44 per cent (over July of the previous year), food price inflation, which covers all food items including foodgrains, vegetables, milk…

Read More→

The Silences of the Delhi Declaration

  • September 18, 2023
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

The G-20 meeting in Delhi was occurring in the midst of an acute economic crisis of the world economy. The advanced capitalist economies are expected by the IMF to witness a growth slowdown from 2.7 per cent in 2022 to…

Read More→
  • 1
  • …
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • …
  • 40
New on Macroscan
  • Global South will pay for Trump and Netanyahu’s war March 7, 2026
  • India’s Trade Deals: Giving more, Getting less February 13, 2026
  • Will Democracy Govern Capitalism – or be consumed by it? February 7, 2026
  • The EU-India FTA is a net loss for India’s Future February 6, 2026
  • What’s Really Going on in the Indian Economy? February 5, 2026
  • China’s Trade Relations Need Reform January 21, 2026
  • A Gangster’s-Eye View of Global Power January 15, 2026
Sections
  • Articles
  • Features
  • Obitutary
  • Special Features
  • Announcements
  • Video
  • Climate Finance

MacroScan is a website managed by professional economists seeking to provide an alternative to conservative and mainstream positions in economics. The site is maintained by the Economic Research Foundation, New Delhi.

© MACROSCAN 2026