Banking License to Corporates — A Very Bad Idea
Can we hand over our public sector banks to the very same very same delinquents, defaulters & dodgers who are responsible for the losses being incurred by these banks?
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Capitalism and Inheritance
The acquisition of property through inheritance is contrary to the bourgeois justification for capitalist property, and so imposition of inheritance tax is perfectly justified. This is why most capitalist countries have high inheritance taxes.
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The Marketisation of Truth
A combination of free-market primacy and culturally-led political-economic dogma, often pushed by small, well-financed private institutions, has paved the way for a slow but steady attack on all ethics, values and ideas that cannot be economised and traded.
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Immiserisation Behind the Recovery
While the economy is climbing out of the abyss, since the recovery is occurring despite an absolute worsening of the conditions of the working people relative to GDP, it will get aborted before long.
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Nationwide General Strike on 26 November to See Participation of 25 Crore Workers and Farmers
The general strike of November 26 may not only be one of the biggest and most effective strikes to have taken place in the last several years; the farmers’ march to Delhi, planned to coincide with the strike, would take this protest into hitherto uncharted territory.
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Income Inequality in India Continues to Rise: Report
In both India and China, income inequality substantially grew after the economic liberalisation of the 1980s. However, while China’s inequality levels stabilised in 2019, India’s inequality levels continued to rise.
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Capitalism | Economy | Online Blog | USA | World Economy
America’s Labor Crisis
One of the most important aspects of this crisis is the U.S. economy’s diminishing capacity to provide employment.
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Marx, Engels and Metabolic Rift – Part Two
In this part, Mark Walsh explores the impact of the metabolic rift over the 20th century, including how the drive of capitalist forms of agriculture and primary industry have led to species extinction, ecological collapse and the increased outbreaks of deadly epidemics.
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Modi Govt’s New Land Policy for J&K Overturns 7 Decades of Land Reform
The abolition of the Big Land Estates Abolition Act 1950 clears the decks for the revival of a neo-jagirdari system in J&K, say experts, geared this time towards serving the needs of big business.
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Capitalism | Economy | Indian Economy | Indian Politics | Online Blog | People's movements | Socialism
Revisiting Dr. Rammanohar Lohia – Examining Certain Distinct Propositions in the Text and the Context
The trilogy – Marx, Gandhi and Socialism; Wheel of History; and Caste System – together constitute an alternative developed by Lohia to the Western philosophical project of socialism.
