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

In the Name of the South: India’s aggressive economic diplomacy

  • March 26, 2024
  • C. P. Chandrasekhar
  • Political Economy, World Economy
  • 0 Comments

India’s government has since the year of its G20 Presidency claimed to have restored the country’s role as the ‘Voice of the South’ in global dialogues. That is often backed up by reference to its efforts to focus attention on…

Read More→

Federal Fracture: A nation in crisis

  • February 22, 2024
  • C. P. Chandrasekhar
  • Economy and Society, Political Economy
  • 0 Comments

Indian federalism is on the verge of breakdown. Ministers from opposition-ruled States have taken to the streets in New Delhi to protest against discrimination by the Centre. And the Prime Minister, who leads the use of a divisive majoritarian agenda…

Read More→

The Budget and the Inversion of Reason

  • February 12, 2024
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

The BJP government holds that truth is what Modi says; if evidence points otherwise then evidence must be wrong and should be suppressed. Modi says that India never had it so good as during the last decade of his government;…

Read More→

Distress and Displacement in Times of War

  • February 9, 2024
  • C. P. Chandrasekhar
  • Political Economy, World Economy
  • 0 Comments

Recruitment drives held over the last week of January, in Lucknow in Uttar Pradesh and Rohtak in Haryana, for Indian workers to undertake construction and caregiver jobs in Israel have captured global attention. Thousands of job aspirants, who had either…

Read More→

The Question of Pensions

  • January 15, 2024
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

We observe a strange phenomenon everyday, so strange that its strangeness goes generally unnoticed. Government spokespersons from the prime minister downwards go on repeating ad nauseam that India is the most rapidly growing major economy in the world today, that…

Read More→

An Education Policy for Colonising Minds

  • January 1, 2024
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

Imperialist hegemony over the third world is exercised not just through arms and economic might but also through the hegemony of ideas, by making the victims see the world the way imperialism wants them to see it. A pre-requisite for…

Read More→

The Vacuity of the Free Trade Argument

  • December 25, 2023
  • Prabhat Patnaik
  • Political Economy, Trade and balance of payments
  • 0 Comments

Imagine a country that is exposed to relatively unrestricted trade. There are two obvious problems that it can face because of this trade policy: the first is a balance of payments problem because its exports are insufficient relative to its…

Read More→

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→
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • …
  • 27
New on Macroscan
  • Global South will pay for Trump and Netanyahu’s war March 7, 2026
  • What’s Really Happening With Climate Finance? March 4, 2026
  • India’s Trade Deals: Giving more, Getting less February 13, 2026
  • Will Democracy Govern Capitalism – or be consumed by it? February 7, 2026
  • The EU-India FTA is a net loss for India’s Future February 6, 2026
  • What’s Really Going on in the Indian Economy? February 5, 2026
  • China’s Trade Relations Need Reform January 21, 2026
Sections
  • Articles
  • Features
  • Obitutary
  • Special Features
  • Announcements
  • Video
  • Climate Finance

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