Macroscan
  • home
  • themes
    • Macroeconomics
    • Finance
    • Fiscal Policy
    • 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

Economy and Society

Home Economy and Society

The Indian Economy is Heading for a Stationary State

  • June 13, 2022
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

Adam Smith and David Ricardo had been haunted by the idea of capitalism ending up in a “stationary state”, by which they meant a stable state of zero growth. Marx used the term “simple reproduction” to describe such a state,…

Read More→

Roots of the Sri Lankan Debt Trap

  • May 3, 2022
  • C. P. Chandrasekhar and Jayati Ghosh
  • Economy and Society, Finance
  • 0 Comments

The contours of the economic, political and humanitarian crises that Sri Lanka currently faces are now well known. With limited economic diversification, it has for long been an open economy that has found it difficult to earn the foreign exchange…

Read More→

An Unimaginable Contrast

  • February 22, 2022
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

Much has been written about the immense increase in economic inequality that has occurred of late and various startling figures have been provided by bodies like Oxfam, which has just come out with a report titled Inequality Kills. This shows…

Read More→

Social Sciences and the Colonised Mind

  • January 24, 2022
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

A crucial component of the imperialist system is the colonisation of third world minds that helps to sustain it. This colonisation is pervasive, but here we shall discuss only academic colonisation and that too relating to the social sciences. Social…

Read More→

The Homogenization of Education

  • November 1, 2021
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

Education in post-independence India was supposed not just to provide knowledge and skills to students, but also to facilitate the process of “nation-building” (to use a clumsy word). Since the concept of an “Indian nation”, although it existed in a…

Read More→

A Blot on the Nation

  • August 6, 2021
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

The Unlawful Activities (Prevention) Act is a blot on the nation. In no nation reputed to be civilized is there a law that allows the State to pick up literally anybody and keep the person in jail for years, without…

Read More→

Destitution, Hunger and the Lockdown

  • May 24, 2021
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

On March 24, 2020, Narendra Modi had announced that the country would go into a lockdown after four hours! This nation-wide lockdown was to last till the end of May, after which there were local lockdowns but not a general…

Read More→

Unaffordable Education in the New India

  • December 1, 2020
  • C. P. Chandrasekhar and Jayati Ghosh
  • Economy and Society
  • 0 Comments

One of the few aspects of the Indian development project that is supposed to have seen some recent success is education. Enrolment has increased significantly in school and higher education, and the gender gap in enrolment has reduced up to…

Read More→

A Retrograde Paradigm Shift in Education

  • September 9, 2020
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

Since the totality of speech consists of both what is said and what is not said, for understanding the new National Education Policy (NEP) we have to look both at its words and its silences. Then we cannot escape the…

Read More→

Hindutva Politics and the Indian Economy: An interview with Prabhat Patnaik

  • September 3, 2020
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

by Subho Ranjan Dasgupta Question 1 In one of her recent lecture, eminent Historian Romila Thapar, said that the Indian Republic is teetering on the border line. On one side of the border stands the secular Indian Republic and on…

Read More→
  • 1
  • …
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • …
  • 24
New on Macroscan
  • The Geopolitics of the Natural Gas Trade November 13, 2024
  • The Kazan Summit of BRICS November 11, 2024
  • The Angst over China’s Slowdown October 29, 2024
  • Economics Nobel: No surprises October 28, 2024
  • The Dialectics of Wealth and Poverty October 28, 2024
  • How not to Measure Poverty October 21, 2024
  • Falling Shares of Labour Income October 15, 2024
Sections
  • Articles
  • Features
  • Obitutary
  • Special Features
  • Announcements
  • Video

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