FDI in Coal: Why Our Mineral Resources Should Remain in Public Hands
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FDI in Coal: Why Our Mineral Resources Should Remain in Public Hands

Courtesy: News Click Joan Robinson, the well-known economist, had drawn attention to a fundamental difference between foreign direct investment (FDI) in the manufacturing sector and in a sector that extracted an exhaustible resource, such as a mineral product. This difference can be illustrated with an example. Suppose in both sectors profits worth Rs 100 are…

The Return of Fascism in Contemporary Capitalism
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The Return of Fascism in Contemporary Capitalism

Samir Amin It is not by chance that the very title of this contribution links the return of fascism on the political scene with the crisis of contemporary capitalism. Fascism is not synonymous with an authoritarian police regime that rejects the uncertainties of parliamentary electoral democracy. Fascism is a particular political response to the challenges…