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Economy and Society

Home Economy and Society

The Tripura Election Verdict

  • March 7, 2018
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

Two clear conclusions emerge from the Tripura election verdict. First, it is exceedingly difficult for an opposition party that has an incumbent government in any state to withstand the onslaught of the BJP. This party brings to the electoral arena…

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The Destruction of a University

  • February 28, 2018
  • Jayati Ghosh
  • Economy and Society, Political Economy
  • 0 Comments

For more than two years now, Jawaharlal Nehru University in New Delhi has been in a state of turmoil. There is reason to conclude that this turmoil is no accident: it is the result of a set of decisions imposed…

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The Dramatic Rise in Wealth Inequality

  • January 25, 2018
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

Oxfam has just produced a report in which it highlights the dramatic increase in wealth inequality that is occurring in India. The basic data it uses are from Credit Suisse which regularly brings out a Global Wealth Databook; and according to…

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The Politics of being a Dalit Woman

  • January 22, 2018
  • Jayati Ghosh
  • Economy and Society
  • 0 Comments

In the political landscape of contemporary India, it is only too easy to find more reasons for depression than optimism. The rise of a nastier, more aggressive, communally charged and openly patriarchal political discourse is evident all around us. Oftentimes,…

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Arun Jaitley on Electoral Bonds

  • January 15, 2018
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

Arun Jaitley had outlined a scheme of electoral bonds in his budget speech on February 2, 2017. Now, exactly 11 months later, the notification of the scheme and some details of it have finally been announced in a Press Information…

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The Indian Economy in 2017

  • January 2, 2018
  • Jayati Ghosh
  • Economy and Society, Finance
  • 0 Comments

This was the year that the economy tanked. Not necessarily in terms of official growth figures: according to the CSO, GDP growth decelerated, but not by that much. And Finance Minister Arun Jaitley was quick to proclaim that, with GDP…

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The Demise of Bank Credit

  • January 2, 2018
  • C. P. Chandrasekhar and Jayati Ghosh
  • Economy and Society, Finance
  • 0 Comments

In most market economies, the disbursal of bank credit is usually a relatively reliable indicator of the extent of dynamism, of both expectations and actual economic expansion. So much so that it is often viewed by analysts as a better…

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The Obscenity of Hunger Deaths

  • December 22, 2017
  • Jayati Ghosh
  • Economy and Society, Political Economy
  • 0 Comments

There is no doubt that human life is cheap in India, perhaps more so now than ever before. The attacks, atrocities and killings of people from minorities and marginalised groups that have now become so common are particularly appalling because…

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Shopping Frenzy in the New China

  • November 24, 2017
  • C. P. Chandrasekhar
  • Economy and Society, Macroeconomics
  • 0 Comments

In an otherwise gloomy world economic environment, a new kind of record given the media bizarre cause to cheer: the value of online sales notched up by Chinese e-commerce giant Alibaba on a single discount sales day. Global business headlines…

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Neo-liberalism has been a Disaster for Nepal: An Interview with Prof. C.P. Chandrasekhar

  • November 21, 2017
  • Macroscan Team
  • Economy and Society, Political Economy
  • 0 Comments

Why is neoliberalism bad for India and Nepal? What are its major flaws? Mahabir Paudyal and Prashant Lamichhane from myRepublica caught up with Professor C.P. Chandrasekhar when he was in Kathmandu last week to discuss the impact of neo-liberal economic order in the two countries,…

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