By Prabhat Patnaik Adam Smith and David Ricardo had been haunted by the idea of capitalism ending up in a “stationary state”, by which they meant a stable state of zero growth. Marx used the term “simple reproduction” to describe such a state, where there is no net addition...
By Sanjay Roy The possibilities of persistent inflation seem to be looming large and a resultant contraction in demand primarily because of a cost-of-living squeeze is going to impact the growth rate, the forecast of which undergoes a downward revision in recent rounds by most rating agencies. The Russia-Ukraine...
By Rahil Nora Chopra Strong differences of opinion continue to widen the gulf between Bihar Chief Minister Nitish Kumar and his ally BJP. After CM Nitish’s initiative on caste census compelled alliance partner BJP to also come to the fore on the issue, the canny CM has now said...
By Gitanjali Sreedhar The alterations taking place in the natural world are becoming patently obvious to all of us. Erratic weather patterns, rising sea levels and melting glaciers due to climate change are reshaping societies across the globe, and this holds true for India too. Global warming induced by...
By Prakash Karat The BJP and the Narendra Modi government have been hoist on their own petard. After presiding over a systematic anti-Muslim campaign and whipping up Islamophobia, the government and the ruling party are faced with a strong diplomatic backlash from most of the Muslim countries, among them...
By Binoy Viswam Religious extremism is never far from religious fundamentalism. For the question that has hardly any explanation today the distance is practically nil. From religious extremism to the point of communal hatred, there is no distance to traverse. Thoughts of racial pride in its rude and primitive...
By Aditya Aamir Is Section 66A of the Information Technology Act making a comeback? This at a time when restrictions on Freedom of Expression are beginning to get the upper hand over free speech. The return of Section 66A is bound to lead to further restrictions and keep people...
By Arun Kumar Shrivastav Jammu and Kashmir is once again at the centre of a raging political debate. In the past few weeks, several targeted killings of non-Kashmiris and Kashmiri Pundits have rocked the nation’s conscience. News reports suggest that Kashmiri Pundits are desperate to leave the valley while...
By Branko Marcetic Allow me, for a moment, to indulge my inner Tom Friedman. A few weeks back, I was exchanging the usual banter with a taxi driver, Amandeep, an Indian immigrant who had lived in New York nearly two decades, when the conversation turned to politics. After telling...
By Steve Sweeney US President Joe Biden’s so-called Summit of the Americas has been branded “a neoliberal failure” after some regional leaders refused to attend over his exclusion of Cuba, Nicaragua and Venezuela. The leaders of Bolivia, Honduras and Guatemala are boycotting the week-long event, which opened in Los...
By Anjan Roy Reserve Bank of India has done a delicate pirouette in formulating its monetary policy in the context of extreme volatility and uncertain turn of events. All that RBI has done on Wednesday is to raise the policy interest rate —called the repo rate— by half a...
By K Raveendran The Narendra Modi government might in all probability be able to bring the friendly Arab governments round to softening their initial response to what they consider to be the most sacrilegious remark by BJP leaders against Prophet Mohammed. The government has already intensified the firefighting, with...
By James M Dorsey United States of America and European acquiescence in Turkey’s long-standing refusal to honour Kurdish ethnic, cultural, and political rights has come home to roost with Turkish opposition to Finnish and Swedish NATO membership. The opposition has sparked debates about Turkey’s controversial place in the North...
By Pradeep Kapoor LUCKNOW: Samajwadi Party and Bahujan Samaj Party are confronting each other to poach vote bank to the advantage of BJP in next Lok Sabha polls. At a time Samajwadi Party is facing tough challenge from BJP in two crucial by-elections in Azamgargh and Rampur won by...
By P. Sreekumaran Unfazed by fresh ‘revelations’ in the diplomatic channel gold smuggling case, the Pinarayi Vijayan-led Left Democratic Front (LDF) Government has demanded a probe into the conspiracy to discredit it. The Government’s demand has come following the ‘new’ allegations levelled by Swapna Suresh, an accused in the...
By Sushil Kutty Horses are noble animals. And to taint their name with the slur of horse-trading is a disgrace. The political horse-trading currently going on in Rajasthan, and possibly Maharashtra, with tentacles spread out to Delhi and Bengaluru is the pits. Udaipur, Jaipur and Mumbai are also in...
By Harihar Swarup On May 25, a national Investigation Agency Court convicted Yasin Malik and sent him to two life terms. Malik is the leader of the Jammu and Kashmir Liberation Front (JKLF), which seeks independence for J & k from India and Gilgit-Baltistan from Pakistan. Apart from the...
By Kalyani Shankar Will a caste census trigger a disaster or settle the demand of many political parties? While it plays such a dominant role in our social, economic, and political life, it is strange that no credible Caste data has existed since 1931. Also, the prominent four main...