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Articles

Home Articles

Branding Debt as a Chinese Weapon

  • September 2, 2020
  • C. P. Chandrasekhar
  • World Economy
  • 0 Comments

Declared the leading threat to global stability by the United States and a group of its allies, China has been accused of transgressions varying from stealing hi-tech secrets, spying, and interfering in domestic politics abroad to spreading viruses. Sometimes, even…

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Forex Reserves: No cause for celebration

  • September 2, 2020
  • C. P. Chandrasekhar
  • Trade and balance of payments
  • 0 Comments

Multiple indicators reveal that the pre-pandemic deceleration in growth segued into a deep recession that persists six months after the first reported Covid-19 case. But official optimism hasn’t waned. Some spokespersons promise a V-shaped recovery. Others clutch at every straw…

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The Protracted Crisis of Capitalism

  • August 31, 2020
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

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…

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An Elementary Misconception about the Hindu Rashtra

  • August 24, 2020
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

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…

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Lebanese Portents

  • August 17, 2020
  • Prabhat Patnaik
  • World Economy
  • 0 Comments

The tragic events unfolding in Lebanon are a portent of things to come for the entire third world. Lebanon, a small, highly import-dependent country, has been in the grip of an economic crisis for quite some time as the world…

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WTO is Using COVID for its Expansionist Free Trade Agenda

  • August 14, 2020
  • Murali Kallummal and Smitha Francis
  • Trade and balance of payments
  • 0 Comments

As the world is reeling under the deaths and exponential spread of the COVID pandemic, the World Trade Organisation (WTO) is busy negotiating a free trade deal in electronic medical equipments. One of the five proposals made to the WTO's…

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Detainees during the Pandemic

  • August 13, 2020
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

It is a common practice all over the world that when those incarcerated face a threat to life, the authorities send them home. Even Benito Mussolini had been forced by an international campaign to shift the Italian Communist Leader Antonio…

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GST under Strain

  • August 10, 2020
  • C. P. Chandrasekhar
  • Macroeconomics
  • 0 Comments

The Finance Minister of Kerala, Thomas Isaac, has declared it a “betrayal” of trust. He was commenting on the statement reportedly made at a meeting of the Parliamentary Standing Committee on Finance by Union Finance Secretary Ajay Bhushan Pandey, that…

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New Education Policy: India’s great leap backward

  • August 10, 2020
  • Prabhat Patnaik
  • Economy and Society
  • 0 Comments

In a document like the New Education Policy, one must distinguish platitudes from new provisions, including within the latter even the dropping of old platitudes. Thus phrases like “education is a public good”, “6 per cent of GDP should be…

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Protecting the Regulatory and Legal Infrastructure for Food Sovereign, Food Self Reliant India (Atma Nirbhar Bharat)

  • August 7, 2020
  • Vandana Shiva
  • Food and Agriculture
  • 0 Comments

Peasants have fed India over thousands of  years through ecologically sophisticated agriculture which has inspired the global organic and agroecology movements of today . The British colonial rule destroyed our Food Sovereignty through a system of extraction taxes from the…

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