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

Political Economy

Home Political Economy

The Pervasiveness of Poverty in India

  • November 27, 2023
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

One of the striking findings of the Bihar Caste Survey, which bears out what the Left has been asserting for a long time, is that absolute poverty in the country is far more pervasive than what successive governments in India…

Read More→

The Growing Crisis of Unemployment

  • November 13, 2023
  • Prabhat Patnaik
  • Employment, Political Economy
  • 0 Comments

In an economy like ours where the work-force is not neatly divided into “the employed” and “the unemployed”, and instead there is massive and growing casualisation of work, measuring unemployment is a tricky business. It necessarily means asking a person…

Read More→

Fascistic Hostility to Evidence

  • October 30, 2023
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

All fascistic outfits have one common characteristic: they reject outright all evidence that goes against the narrative they spin; and the Hindutva elements in power in India are no exception. Their narrative presents India as the fastest growing economy in…

Read More→

When Numbers are Treated as Political Weapons

  • October 19, 2023
  • Jayati Ghosh
  • Economy and Society, Political Economy
  • 0 Comments

India has a robust and admired statistical system. But the government is suppressing data to suit its narrative. It is perilous not to know the reality of the governed No government in India has been as adept in shaping the…

Read More→

Globalised Capital and National Leadership

  • October 9, 2023
  • Prabhat Patnaik
  • Political Economy, World Economy
  • 0 Comments

One of the most intriguing questions at present is why Europe’s political leadership has become complicit in what appear to be US efforts at undermining European economies. The well-known American investigative journalist Seymour Hersh, having already provided evidence that the…

Read More→

Destroying Forests for Profits

  • October 2, 2023
  • Prabhat Patnaik
  • Food and Agriculture, Political Economy
  • 0 Comments

The Modi government, ever solicitous of corporate interests, has launched a plan whereby real estate developers and other corporates will be allowed to destroy large swathes of India’s forest cover for starting projects that rake in profits. It is amending…

Read More→

The Silences of the Delhi Declaration

  • September 18, 2023
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

The G-20 meeting in Delhi was occurring in the midst of an acute economic crisis of the world economy. The advanced capitalist economies are expected by the IMF to witness a growth slowdown from 2.7 per cent in 2022 to…

Read More→

Believing One’s Own False Theories

  • September 11, 2023
  • Prabhat Patnaik
  • Political Economy, Trade and balance of payments
  • 0 Comments

Liberal bourgeois writers tend to explain the problems that arise under capitalism not by the immanent tendencies of the system but by the capriciousness of particular governments. This way they can continue to believe in their own false theories that…

Read More→

Behind BRICS Expansion

  • September 4, 2023
  • Prabhat Patnaik
  • Political Economy, World Economy
  • 0 Comments

At the Johannesburg summit of the BRICS countries, it was decided to expand the group beyond its original five, namely, Brazil, Russia, India, China and South Africa, to include six more countries. These are: Argentina, Egypt, Iran, Ethiopia, Saudi Arabia…

Read More→

The Destruction of Universities

  • August 28, 2023
  • Prabhat Patnaik
  • Political Economy
  • 0 Comments

When BJP rule in the country is dead and gone, a good deal of the damage it has caused to the Indian society, polity and economy will no doubt be reversed. But there are at least two areas where such…

Read More→
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • …
  • 25
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