By the turn of the second millennium, the Humpty Dumpty of neoliberal capitalism had climbed atop a high wall at great risk, enjoyed sitting there for a while feeling like
Intia In the Grip of Deep Economic Crisis : Causes and Quests for Solution
Did you think India will ‘shine’ again if somehow – say by wooing FDI, cutting subsidies and
Around 2004 the Indian economy finally seemed to take off – like a huge Dreamliner – and in three years reached the zenith of around 9 per cent plus growth
The neoliberal assertion that our country entered a relatively high growth track only since the nineties is contradicted by facts of history. Actually India’s growth story has passed through two
About a decade after US President Ronald Reagan flagged off the Neo-liberal Express from Washington DC, it finally reached New Delhi in 1991, with Finance Minister Manmohan Singh at the
With the first signs of deceleration of growth in India since 2009-10, economic and political agencies of high finance were back at their old game: pressuring New Delhi for more
As Marx pointed out long ago, “The executive of the modern state is but a committee for managing the common affairs of the whole bourgeoisie”. In other words, business-state or
No unbiased observer would deny that the economic situation in India is indeed frustrating. Nor would anyone say things were any better in the past. More than 60 years have
(FROM Crisis of Neoliberalism and challenges before Popular Movements)
“The Big Picture and Basic Message
Behind periodic crises, said Marx more than 160 years ago, lurks a complex interplay of myriad forces,