Why is the Government Underestimating GDP Loss Due to the Lockdown?
While the government is trying to play down the economic loss due to the pandemic, it is certain that the economy will shrink sizeably in 2020-21.
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The Murderous Pseudoscience of “Herd Immunity”
Containing the pandemic requires an investment in social infrastructure that the capitalist class is not willing to make. And so its idealogues are arguing in favour of letting the disease spread …
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The Mendacity of Modi Govt’s ‘Rescue Package’
Which other government would have passed off a slew of concessions to foreign and domestic monopolists as a “rescue package” for the people of the country?
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Analysing the Fiscal Cost of Modi’s Rs 20 Lakh Crore Package: Three Articles
If there is no additional borrowing, there can be no additional expenditure and, logically, no fiscal stimulus. Direct fiscal stimulus from the Centre will only be a little over 1% of India’s GDP, not 10% as projected by PM Modi. Three articles.
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Citizenship and the Nation of the Rich in India
Today, the questions of citizenship and alleged ‘infiltration’ are the topic of debate everywhere; the real question is being sidelined: why are a miniscule elite cornering most of the wealth generated by the common people?
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France and COVID-19: Incompetence and Conceit
The very large number of coronavirus cases and deaths in France is due to gross negligence on the part of President Macron and the French authorities to the threat posed by the virus.
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Spending is the Easiest Way to Revive the Economy
Money needs to be given out to people; cash in hand, is at the core of restarting the economy.
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Two Articles on How the Modi Govt. is Using the Pandemic to Centralise Power
BJP is trampling upon the country’s federal structure and concentrating all power in the Centre’s hands, putting at risk the project of building a democratic, secular, inclusive and egalitarian India. Two articles.
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Could COVID-19 Bring Down the U.S. Empire?
The authors compare the responses to COVID-19 across the world and how the pandemic impacts US hegemony.
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Covid-19 on a Debt Assault
Across the world, from Pope Francis to the G-20, calls are being made for cancellation of the external debts of the developing countries. Eric Toussaint’s views on these calls.
