India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Jayati Ghosh illuminates how capitalism has exacerbated inequality not only due to market forces, but as a result of how wealthy countries and firms based within them have tilted the scales toward themselves, disenfranchising the rest of the world in the process. This pervasive economic inequality undermines the idea and practice of true democracy.
A 100 years ago, Keynes had felt a package of government spending cuts and tax increases would be disastrous. Even worse would be imposing austerity on debtor countries. His arguments were not heeded and fascism in Europe followed. Yet those in charge of global economic governance appear to have learnt nothing.
The period of the Covid-19 pandemic has witnessed a dramatic worsening of the conditions of ordinary women and girls, made worse by official apathy and patriarchal attitudes of those in power.
There is a common trope, fed especially to generations born after 1991, that economic progress and modernization in India really occurred only after ‘liberalizing’ economic reforms were introduced three decades ago. This is a travesty of the truth.
The tax proposal decided at the G7 Finance Ministers’ meeting last weekend has been hailed as ‘historic’ and ‘transformative’. But in its present form, it is, unfortunately, neither.
Until recently, there had been relatively little discussion about what the rapid growth of digital labor platforms meant for the nature of work and the employment relationship. A recent report provides answers to many questions – and raises several more …
The production and distribution of Covid-19 vaccines has intensified global inequality, for three reasons: blatant vaccine grab by rich countries; protection of patent rights by advanced countries; and the use of vaccine distribution to promote both nationalism and diplomatic ‘soft power’.
The most destructive effects of Covid-19 in India have not been the result of the disease, but the nature of the government response. As lockdown was gradually lifted, ten major features of the state response led to resurgence of disease and continued economic distress.
The argument that weakening labour protection attracts more private investment is both analytically flawed and empirically invalid.
Jayati Ghosh Pandemics like COVID-19, alarming and destructive as they are, can serve a useful purpose if they remind everyone of the critical importance of public health. When a contagious disease strikes, even a society’s most protected elites must worry about the health of neglected populations. Those who have advocated privatisation and cost-cutting measures…
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