Why are Thousands of Hondurans Walking Towards the US Border?

Why are Thousands of Hondurans Walking Towards the US Border?

Why are Thousands of Hondurans Walking Towards the US Border? For the thousands of Hondurans who are part of a migrant caravan proceeding towards the United States, the recent comments by US president Donald Trump were yet another instance of the persecution they have faced while trying to escape horrible living conditions. On Monday, Trump…

Pentagon Socialism: Militarising the Economy in the Name of Defense

Pentagon Socialism: Militarising the Economy in the Name of Defense

Pentagon Socialism: Militarising the Economy in the Name of Defense Given his erratic behavior, from daily Twitter eruptions to upping his tally of lies by the hour, it’s hard to think of Donald Trump as a man with a plan. But in at least one area—reshaping the economy to serve the needs of the military–industrial…

With Due Respect, Finance Minister

With Due Respect, Finance Minister

With Due Respect, Finance Minister The government did not celebrate the second anniversary of demonetisation, one of its biggest policy initiatives. It has celebrated the anniversary of all other big policies. Why the diffidence? The finance minister did come out with a statement listing the achievements of demonetisation. But his statement must be seen in…

Chhattisgarh’s Mineral Wealth Not Benefiting People

Chhattisgarh’s Mineral Wealth Not Benefiting People As the people of Chhattisgarh go to polls to elect another state Assembly and government, dominant political parties have completely ignored a vital question: what are they going to do about the state’s rich natural resources? That’s because the current model of unbridled private exploitation of minerals, land and…

The Wealthy Barely Pay Taxes: Will the Govt Make Them Pay?

The Wealthy Barely Pay Taxes: Will the Govt Make Them Pay? India is often mistakenly seen as a country with relatively low economic inequality. In fact, there were always very significant economic inequalities in India, which intersected with social and locational inequalities in complex ways. More significantly, the country’s inequalities widened after the internal and…

India’s Private Banks and Private Investors: False Theory, Dangerous Consequences

India’s Private Banks and Private Investors: False Theory, Dangerous Consequences India’s private sector banks were held up for years as the standard of efficency and corporate governance to which public sector banks should aspire. But now it emerges that private bank after private bank has in fact been harbouring bad debts, fudged accounts, engaged in…

A Practical Program to Give a New Lease of Life to Land Reforms

A Practical Program to Give a New Lease of Life to Land Reforms At last some voices are rising to strongly assert the need for better implementation of land reforms. On October 2, Gandhi Jayanti day, nearly 25,000 landless workers and adivasi peasants gathered at Mela Maidan, Gwalior to raise a strong voice in favour…

Babasaheb Ambedkar and Neoliberal Economic Reforms: Part II

Babasaheb Ambedkar and Neoliberal Economic Reforms: Part II

Babasaheb Ambedkar and Neoliberal Economic Reforms: Part II Ambedkar and Globalisation At the outset, to speak about Ambedkar in relation to globalisation, which represents a paradigmatic transformation of global capitalism into its extremist version, is fundamentally speculative. But there are enough fools who rush in where angels fear to tread . Since they cannot rationally…

New Jobs Not for Workers

New Jobs Not for Workers

New Jobs Not for Workers The  never-ending  growth  stories still  hang on the impact  demonetisation and GST have had on the economy. Not only the political opposition, the economists in general are also questioning the rising figures of gross domestic product (GDP), while the central government continues to maintain that there was no adverse effect…