Ministers from Narendra Modi to Nirmala Sitaraman are talking about a recovery of the Indian economy from the pandemic-induced crisis. Even the Reserve Bank of India which estimated the second quarter GDP growth to have been -8.6 percent, has seen…
Note: Opening the Miami Institute’s economics forum, Jayati Ghosh presents severe and persistent forms of discrimination and power imbalances in economic analyses, and underscores older and newer networks of scholars pushing back against these tendencies. Recently, mainstream economics has been…
It is often believed that the ability to pass on property to one’s progeny is an essential element of capitalism, without which the capitalists’ incentives will dry up and the system will lose its dynamism. Nothing could be further from…
A theoretical analysis of the prevailing situation, from which the proletariat’s relationship with different segments of the bourgeoisie and the peasantry is derived, and with it the Communist Party’s tactics towards other political forces, is central to the Party’s praxis.…
Federalism is one of the basic features of the Indian Constitution. In the Constituent Assembly Professor K.T.Shah wanted the term “federal”, together with the term “secular”, included in the Preamble itself, but Dr.Ambedkar rejected it on the grounds that the…
The two bills rammed through parliament last week were objectionable in every conceivable sense. The very fact of their being rammed through the Rajya Sabha, without being put to vote despite demands for a division, was grossly anti-democratic. The fact…
There is a commonly-held view that the current crisis in capitalism, which has resulted in a massive output contraction and increase in unemployment, is because of the pandemic; and that once the pandemic gets over, things will go back to…
The BJP as we know is a Hindu-supremacist party. It is the political front of the Rashtriya Swayamsevak Sangh, a fascistic organisation which believes in establishing a Hindu rashtra. Though the BJP itself cannot openly espouse this vision because of…
What had been only a suggestion by several prescient members of the capitalist establishment till now, has become official policy, at least in Britain where Prime Minister Boris Johnson has announced that his government will undertake public investment to stimulate…
On May 25 in Minneapolis, an African-American arrestee George Floyd was choked to death by a white police officer pressing his knee against Floyd’s neck. The entire America erupted in protests, which targeted not just contemporary racism but even historical…
