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Economy and Society

Home Economy and Society

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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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 Persistence of Child Marriage

  • March 29, 2017
  • Jayati Ghosh
  • Economy and Society
  • 0 Comments

It is commonplace to note that women tend to have low status and little autonomy over much of Indian society. This is reflected in many distressing features that have persisted and even intensified in recent years despite all the talk…

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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 Consequences of Legal Impunity

  • March 15, 2017
  • Jayati Ghosh
  • Economy and Society
  • 0 Comments

There are many reasons to worry about and to be anguished by the communalisation of Indian politics and society that has proceeded apace over the last few decades. There is the general coarsening of the public discourse, which increasingly gets…

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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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Quarterly GDP Estimates: Curiouser and curiouser

  • March 2, 2017
  • Jayati Ghosh
  • Economy and Society, Industry
  • 0 Comments

So maybe the demonetisation never really happened. Maybe it was all a bad dream: the late evening announcement, the subsequent cash crunch, the regulatory chaos, the deaths because people could not get medical treatment with old notes. Maybe the reporters…

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A Universal Basic Income in India?

  • February 3, 2017
  • Jayati Ghosh
  • Economy and Society, Poverty
  • 0 Comments

There is a lot of buzz globally around the idea of a Universal Basic Income (or UBI). It is perceived as one way of coping with technology-induced unemployment that is projected to grow significantly in the near future, as well…

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Neo-Liberal Capitalism and India’s Nationhood

  • January 30, 2017
  • Prabhat Patnaik
  • Economy and Society, Poverty
  • 0 Comments

India’s anti-colonial struggle was not just about getting independence from foreign rule. In fact, this struggle would not even have succeeded if it had been only about that. It was simultaneously, and indeed had to be, an effort to forge…

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No Digital Base for a Cashless Economy

  • January 27, 2017
  • C. P. Chandrasekhar
  • Economy and Society, Political Economy
  • 0 Comments

Prime Minister Modi is selling the idea that the engineered cash shortage that resulted from the disastrous demonetisation exercise is an opportunity to force-march India to being what is inelegantly termed a “less cash” society. In his view, that transition,…

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