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Economy and Society

Home Economy and Society

Informal workers in the time of Coronavirus

  • March 24, 2020
  • C. P. Chandrasekhar and Jayati Ghosh
  • Economy and Society, Poverty
  • 0 Comments

The global devastation caused by Covid-19 is only just beginning, with the severe threat to public health worsened by the evident inability to cope of most health systems across developing and developed countries. Many states across the world appear to…

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Some Basic Lessons from the Pandemic

  • March 23, 2020
  • Prabhat Patnaik
  • Development Economics, Economy and Society
  • 0 Comments

The coronavirus attack has so far been much less deadly than the Spanish flu of a century ago. That had affected 500 million people worldwide, about 27 per cent of the world’s population of the time, and had a death…

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Coronavirus and capitalism’s vulnerability

  • March 11, 2020
  • C. P. Chandrasekhar
  • Economy and Society, World Economy
  • 0 Comments

Even while the slow growth that followed the Great Recession endures, the world economy is staring at another recession. The OECD Secretariat has reduced its forecast of global GDP growth by half a percentage point to 2.4 per cent, which…

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The uses of “Populism”

  • March 2, 2020
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

Class struggle occurs in the realm of concepts too. The World Bank for instance systematically counters Left concepts by employing a novel tactic: it uses the very same concepts as are used by the Left, but gives them a wholly…

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Where are the Jobs for the Girls?

  • February 26, 2020
  • C. P. Chandrasekhar and Jayati Ghosh
  • Economy and Society, Employment
  • 0 Comments

It is now well known that the Periodic Labour Force Survey of 2017-18 of the NSSO (the release of which was originally suppressed by the government) revealed a dramatic fall in absolute employment of both men and women, and a…

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Inheritance and Bourgeois Ideology

  • January 17, 2020
  • Prabhat Patnaik
  • Economy and Society, Poverty
  • 0 Comments

If a head-load worker were to ask a bourgeois economist “Why does Ambani have so much wealth but I do not?”, that economist’s answer would be that Ambani has certain “special qualities” which the headload worker lacks. Bourgeois economists however…

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Government doing exact opposite of what’s needed to revive economy

  • January 7, 2020
  • Jayati Ghosh
  • Economy and Society, Macroeconomics, Political Economy
  • 0 Comments

An interview with Jayati Ghosh (by G. Sampath - The Hindu) The leading development economist speaks out on the predicted global recession this year and why the extremely adverse environment for small and medium enterprises is likely to continue Jayati…

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Claims versus Reality: Who benefits from government funded health insurance?

  • December 5, 2019
  • Ankur Verma
  • Development Economics, Economy and Society
  • 0 Comments

Data from the recent survey show that health insurance coverage in India has not expanded at all between 2014 and 2018. Moreover, the benefits of health insurance disproportionately accrue to relatively richer households while the poor are left high and…

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Claims versus Reality: Who benefited from PM Ujjwala Yojana?

  • November 27, 2019
  • Dechen Dolma
  • Development Economics, Economy and Society
  • 0 Comments

Recently released NSS data and administrative data on LPG connections show that most LPG connections provided under the PMUY may not have reached intended beneficiaries. Survey data confirms that half of the rural households continue to use firewood, chips, crop…

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Claim versus Reality: Has India become open defecation free?

  • November 27, 2019
  • Suvidya Patel
  • Development Economics, Economy and Society
  • 0 Comments

The NSS Report No 584, based on the 76th Round survey, calls the bluff peddled by the government on the achievements of Swachh Bharat Mission. In 2018, when the government was claiming that only 1.7 per cent rural households did…

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