Articles outside Bodhi tagged "Economics"

SouthLive: ഫ്രീബേസിക്‌സ്: എന്തിന് ഈ വിലങ്ങ് സ്വയം അണിയണം?
ഇന്ത്യക്കാരുടെ ഇന്റർനെറ്റ് എക്കോ സിസ്റ്റത്തിൽ ദൂരവ്യാപകമായ പ്രത്യാഘാതങ്ങളുണ്ടാക്കാനിടയുള്ള ഫ്രീബേസിൿസ് പോലുള്ള സംരംഭങ്ങൾക്കുമേൽ ഫലപ്രദമായ നിയന്ത്രണങ്ങൾ ഏർപ്പെടുത്തിയിട്ടില്ലെങ്കിൽ സോഫ്‌‌റ്റ്‌‌വെയർ, സർവീസ് പ്രൊവൈഡർ ഭീമന്മാരുടെ ലാഭക്കൊതിക്കും വാണിജ്യലാക്കിനും മുന്നിൽ അഭിപ്രായ പ്രകടനസ്വാതന്ത്ര്യവും സ്വതന്ത്രമായ ഇന്റർനെറ്റ് എന്ന ആശയവും നാം അടിയറവു വെക്കേണ്ടി വരും.

1 year

: Unzipping The Controversial Facebook's Free Basics Indian Campaign; Rise of The Resistance
Confused by Facebook’s propaganda on Free Basics literally flooding every media platform? Your newspaper has been carrying it; you have seen it on TV; outdoor hoardings shouting at you; the internet is abuzz with it. And now, even your Facebook newsfeed keeps informing you about every friend of yours who is signing on to save the internet and feel like a proud warrior in the noble cause of bringing digital equality to millions of Indians with a mere click!

1 year

n+1: Socialize Social Media!
The time has come to socialize social media. Social media services can ultimately be run as public utilities, ad-free, at cost, in a democratic spirit and for social ends, in their enormous variety—or else digital society can become ever more subservient to the single end of the accumulation of private capital. The choice is between social life as an advertising platform and socialized social media. Tweeps and Facebook friends, unite! You have nothing to lose but some ads!

3 years

The Hindu: A recipe for continuing stagflation
Prof. Jayati Ghosh looks at the 2013 Union Budget and says that that the Finance Minister P. Chidambaram's silences were actually the more important part of his speech. For what the Finance Minister did not actually outline were the macroeconomic implications of his chosen strategy of fiscal consolidation at all costs. The approach seems to be that showing some amount of fiscal consolidation is essential, that this can only be achieved through cutbacks in spending (regardless of how this translates into supply shortages or higher inflation in future) and that growth will miraculously return once private investors (both domestic and foreign) are persuaded that fiscal deficits will be kept in check.

4 years

Monthly Review: Book Review: The Endless Crisis
This is a most remarkable and important book. It is political economy at its best. It offers a sophisticated explanation of the socio-economic crisis facing the global and domestic economies. The Endless Crisis: How Monopoly-Finance Capital Produces Stagnation and Upheaval from the USA to China by John Bellamy Foster and Robert Waterman McChesney, reviewed by Hans G. Despain.

4 years

Counter Currents: Who Benefits From India's Diesel Subsidy?
S.G.Vombatkere examines the effects of the recent government order announcing that the bulk diesel consumers like railways and state transport corporations have to purchase diesel at market-determined rates, while diesel purchased at fuel outlets will continue to receive subsidy. Contrary to Oil Minister M Veerappa Moily's assertion, charging market rates for bulk diesel consumers forces those who are already poor, to pay more for their living. Thus, the policy of the present and previous Union governments is arguably pro-wealthy and effectively anti-poor.

4 years

ദേശാഭിമാനി: കേരളീയ സംവാദങ്ങളുടെ വലതുപക്ഷവല്‍ക്കരണം
സേവനവേതന വ്യവസ്ഥകളും പെന്‍ഷനും പോയിട്ട് സുനിശ്ചിതമായ ഉപജീവന മാര്‍ഗം പോലുമില്ലാത്ത നവലിബറല്‍ തൊഴിലാളി വര്‍ഗമാണ് മാധ്യമങ്ങളില്‍ ജോലി ചെയ്യുന്നത്. സ്വന്തം അവകാശങ്ങളും സുരക്ഷിതത്വവും നേടിയെടുക്കാനുള്ള സംഘടനയോ നെഞ്ഞുറപ്പോ ഇല്ലാത്തവരാണ് രാഷ്ട്രീയ സാമൂഹ്യ പ്രശ്നങ്ങളുടെ വിധികര്‍ത്താക്കളായി നടക്കുന്നത്. ഇനിയെങ്കിലും ഈ കപടനാടകമവസാനിപ്പിച്ച് ലോകജനതയുടെ സംഘര്‍ഷങ്ങള്‍ സത്യസന്ധമായി അവതരിപ്പിച്ചുകൂടെ? കെ.എൻ. ഗണേഷ് എഴുതുന്നു.

4 years

ചിന്ത: ഭൂസമരവും യുഡിഎഫും
കേരളത്തില്‍ സാര്‍വത്രികമായി നെല്‍വയല്‍ നികത്തല്‍ നടന്നുകൊണ്ടിരിക്കുകയാണ്. തോട്ടഭൂമിയുടെ 5 ശതമാനം മറ്റ് ആവശ്യങ്ങള്‍ക്കായി വിനിയോഗിക്കാന്‍ അനുവാദം നല്‍കിയിരിക്കുകയാണ് യുഡിഎഫ് സര്‍ക്കാര്‍. ഇതിന് 20 ഏക്കര്‍ പരിധി നിശ്ചയിച്ചിട്ടുണ്ടെങ്കിലും ഇത് ഒറ്റ പ്ലോട്ട് ആയിരിക്കണമെന്ന് നിബന്ധനയില്ല. - ഡോ. ടി. എം. തോമസ് ഐസക് എഴുതുന്നു.

4 years

Mathrubhumi: അരിവേണോ കാശുവേണോ?
ഇനി മുതല്‍ ആര്‍ക്കും റേഷനരി ഇല്ല. കമ്പോളവിലയ്ക്ക് അരി വാങ്ങണം. സബ്‌സിഡി ബാങ്ക് അക്കൗണ്ടില്‍ സര്‍ക്കാര്‍ നിക്ഷേപിക്കും. ചുരുക്കിപ്പറഞ്ഞാല്‍ പാവപ്പെട്ടവന്റെ റേഷനരിയിലും മടിശ്ശീലയിലും സര്‍ക്കാര്‍ പിടിമുറുക്കുകയാണ്. എന്നിട്ട് പറയുന്നു-'നിങ്ങളുടെ കാശ്, നിങ്ങളുടെ കൈയില്‍'. അരിക്കുപകരം പണം പദ്ധതിയിലെ അപകടത്തെ കുറിച്ച് സഖാവ് ടി.എം.തോമസ് ഐസക്‌.

4 years

The Hindu: Puente Hills to Vilappilsala - Garbage as our alter ego
If there is one thing that is symptomatic of the modern human condition, but hardly recognised as such, it is garbage.

4 years

People's Democracy: Does the Left Have an Alternative?
You cannot both give tax concessions to the rich and also implement schemes for universal provisioning. Writes Prabhat Patnaik

4 years

Guardian: Eric Hobsbawm 1917-2012: not the end of history
We have no clear perspective on how the crisis can lead to a socialist transformation and, to be honest, no real expectation that it will," he wrote in 1978. More than 30 years on, we still live in that world today and that tough message is still true. Making sense of it requires tough reasoning. That was always Mr Hobsbawm's kind. It is needed more than ever now that he is no longer able to provide it.

4 years

Business Line: Wal-Mart, others seek US govt help on India plans
Wal-Mart Stores, which has been trying to set up multi-brand shops in India for a long time, spent nearly $ 1.5 million on lobbying in the last quarter ended June 30, 2012 on various issues, including matters “related to FDI in India.”

4 years

Monthly Review: All Sorts of Roguery? The 'Financial Aristocracy' and Government à Bon Marché in India
Cacus was a Roman mythological figure who stole oxen by dragging them backwards into his den so that the footprints made it appear that they had gone out from there. After quoting Luther's account of the story, Marx exclaims: "an excellent picture, it fits the capitalist in general, who pretends that what he has taken from others and brought into his den emanates from him, and by causing it to go backwards, he gives it the semblance of having come from his den." Bernie traces the juicy titbits from the 'Great Indian Loot'.

4 years

Business Line: Another looming food crisis
With trade prices for important food items crossing their previous peaks reached in mid-2008, C.P. Chandrasekhar and Jayati Ghosh argue that once again poor people will suffer because of higher food prices, without even realising that private profiteering at different levels is generating that disastrous tendency in global prices.

4 years

The Hindu: Down and out on India’s shop floor
India’s manufacturing sector is shedding permanent jobs and hiring casual hands to increase profits. This has divided the labour movement and stoked tensions. The Manesar violence is a symptom of a worsening problem - writes Aman Sethi.

4 years

Guardian: The real Euro 2012: the economic championship of Europe
As European nations clash on the football fields of Poland and Ukraine, many of their economies are facing something more like relegation. Who would come out on top in the struggle to avoid economic crisis? Brilliant graphic interactive on Eurozone crisis by Guardian.

4 years

Full Stop: David Harvey | Rebel Cities | Urbanization
In his new book, Rebel Cities: From the Right to the City to the Urban Revolution, David Harvey successfully brings together decades of thinking on Marx, contemporary politics, and urbanization. Michael Schapira and David Backer of Full Stop Mag discusses with Professor Harvey, how the ideas in his new book connect with both longstanding preoccupations and our own contemporary moment.

4 years

Nation of Change: "There are Marxists in India?" Economist Prabhat Patnaik on the Global Crisis
Patnaik said that neither of the two most obvious responses to the financial crisis -- creating a surrogate global state to impose controls on finance, or “delinking” a nation’s economy from the global finance system -- are in the cards now.

4 years

The Hindu: FDI in Retail: Legitimising an inhumane discourse
Promoting FDI in retail is based on the presumption that distress for some section should be acceptable because of the benefits that would accrue to other sections of society. It is instructive here to recollect the rhetorical question that Gandhiji had asked: If “my brother” the weaver is out of work because of imported cloth, then how can I be better off by it? The humaneness of this discourse was the foundation upon which our anti-colonial struggle was built, and we came into being as a nation. The current official discourse constitutes a rejection of it. Prabhat Patnaik further explains why it is even antithetical to conventional economic theories also.

5 years

Frontline: Tyranny of finance
European leaders have explicitly been giving preference to the appeasement of financial markets over the requirements of political democracy. Jayati Ghosh writes on how European leaders explicitly placed the appeasement of financial markets over the requirements of political democracy.

5 years

Malayal.am: മലയാളിയുടെ സ്വര്‍­ണ്ണഭ്രമത്തിന്റെ രാഷ്ട്രീയമാനങ്ങള്‍
മറ്റേ­തെ­ങ്കി­ലും ഉല്‍­പ്പാ­ദ­ന­മേ­ഖ­ല­ക­ളില്‍ ഉപ­യോ­ഗ­പ്പെ­ടേ­ണ്ട ലക്ഷ­ക്ക­ണ­ക്കി­ന് കോ­ടി രൂ­പ­യാ­ണ് കേ­ര­ള­ത്തി­ലെ ബാ­ങ്ക് ലോ­ക്ക­റു­ക­ളില്‍ സ്വര്‍­ണ്ണമെന്ന മുടക്കാ­ച­ര­ക്കാ­യി കി­ട­ക്കു­ന്ന­ത്. സമ്പ­ദ്‌­വ്യ­വ­സ്ഥ­യില്‍ പണം നിര്‍­വ്വ­ഹി­ക്കേ­ണ്ട ചാ­ക്രി­ക­മായ മു­ന്നേ­റ്റ­ത്തി­ന്റെ പങ്ക് വാ­സ്ത­വ­ത്തില്‍ തട­സ്സ­പ്പെ­ടു­ക­യാ­ണ് ഇത് മൂലം സംഭവിക്കുന്നത്‌. മലയാളിയുടെ സ്വര്‍­ണ്ണഭ്രമത്തിന്റെ രാഷ്ട്രീയമാനങ്ങള്‍ വിശദീകരിക്കുന്നു ലേഖകന്‍.

5 years

Hindustan Times: Shelter from the storm
Like the earlier effort to overcome the crisis by converting corporate insolvencies into sovereign insolvencies laid the seeds of the current crisis, the current prescription of seeking to emerge from this crisis by meeting the costs of sovereign debt by imposing greater burdens on the people is laying the seeds of another deeper crisis - writes Sitaram Yechury.

5 years

Outlook Magazine: Putting Growth In Its Place
India’s recent development experience includes both spectacular success as well as massive failure. The growth record is very impressive, and provides an important basis for all-round development, not least by generating more public revenue (about four times as much today, in real terms, as in 1990). But there has also been a failure to ensure that rapid growth translates into better living conditions for the Indian people. It is not that they have not improved at all, but the pace of improvement has been very slow—even slower than in Bangladesh or Nepal. There is probably no other example in the history of world development of an economy growing so fast for so long with such limited results in terms of broad-based social progress.

5 years

Monthly Review: The Global Reserve Army of Labor and the New Imperialism
The new imperialism of the late twentieth and twenty-first centuries is thus characterized, at the top of the world system, by the domination of monopoly-finance capital, and, at the bottom, by the emergence of a massive global reserve army of labor. The result of this immense polarization, is an augmentation of the “imperialist rent” extracted from the South through the integration of low-wage, highly exploited workers into capitalist production.

5 years

The Hindu: How little can a person live on?
Unfortunately, the neo-liberal policymakers today ask the wrong question: “How can we reduce the food subsidy?” and not the right question: “How can we lift the masses of India from the current level of the lowest food consumption in the world, even lower than the least developed countries?”

5 years

EPW: Retail Chains for Agro/Food Products: Inclusive or Elusive?
The supporters of liberalisation often argue that if the modern food retail sector is allowed a full round of liberalisation, it may have various positive outcomes, including a reduction in prices. This article raises a counter question, what if the markets, as it happens in several instances, fail to deliver on account of the structural snags that may continue to persist in a rapidly growing and yet highly segmented economy?

5 years

People's Democracy: “BRINGING BACK” BLACK MONEY
To be sure, tax evaders, black money holders, and all those who flout the law of the land, must be punished through a confiscation of their illegal wealth. But making proper use of this wealth will require an economic regime that breaks out of the neo-liberal straitjacket. Prabhat Patnaik on the economics of black money.

5 years

The Hindu: Tagore and the idea of Cooperation
Nearly eight decades ago, Rabindranath Tagore worried about the growing concentration of economic power and the coming destruction of rural India.

5 years

The Telegraph: THE KERALA STRATEGY - Of a unique route to development
Prabhat Patnaik writes on Kerala's unique route to development. "..In a relatively egalitarian society, before the middle class has split itself off from the rest, welfare measures also benefit the “uncles” and “aunts” and “poor cousins” of the middle class itself. This and also the fact that big-ticket projects inevitably spawn corruption which the middle class abhors, imply that a constituency for the second strategy can always be found in the middle class. Of course if it cannot be, then so be it. But it is never too unwise to embark upon a Kerala-style strategy."

5 years

The Indian Express: The bribing game
In a clever paper posted on the finance ministry’s website, Kaushik Basu, chief economic adviser, has argued that the act of bribing should be made legal. Strictly speaking, the argument applies only to what Basu calls “harassment bribes”, that is bribes that people give in order to get something they are entitled to, like a passport or a ration card.

5 years

Monthly Review: Monopoly and Competition in Twenty-First Century Capitalism
“Monopoly and Competition in Twenty-First Century Capitalism” (co-written by Foster and McChesney with R. Jamil Jonna), is a chapter from an upcoming book on Monopoly-Finance Capital

5 years

Pragoti: Speech by Brinda Karat on Union Budget 2011-12 in the Rajya Sabha
Sir, there can be a oneness of heart only when there is equality and justice. You cannot have a oneness of heart when two-thirds of India lives in the darkness of myriad deprivation. Let the Government reverse its deeply-flawed policies based on the neoliberal framework which has led to crony capitalism, which has created huge social inequalities and concentration of wealth. It is only then that India will indeed have a oneness of heart and be able to advance towards realizing its full potential. Thank you, Sir.

5 years

Frontline: C. T. Kurien reviews Palapre Balakrishnan's new book "Economic Growth in India: History & Prospect"
A theoretically informed, rigorously analysed and elegantly written book on the growth of the Indian economy in the past century.

5 years

The Hindu: Corporate socialism's 2G orgy - P. Sainath
This is the government that has no money for a universal PDS or even an enhanced one. That cuts anyway meagre food subsidies from the largest hungry population in the planet. That, at a time of rising prices and a great food crisis. In a period when its own economic survey shows us that the daily average net per capita availability of foodgrain for the five year period 2005-09 is actually lower than it was in 1955-59 — half-a-century ago.

6 years

Pragoti: Corruption and Forbearance under Neoliberalism
This implicit forbearance towards corruption is ingrained in the ethics of a neoliberal bourgeois order, where selfish moneymaking is not only considered respectable, but also essential for ushering economic prosperity. Nobody embodies this chalta hai attitude better than the Prime Minister on whose table the buck must stop; institutionally, ethically and politically.

6 years

The Hindu: The siren song of cash transfers- Jayati Ghosh.
In the case of choice between direct public provision of some essential goods (like food and fuel) and cash transfers to consumers instead, the most immediate threat is that the rising prices in these deregulated markets will make such goods unaffordable for those who need them most.

6 years

Pragoti: A Budget for the Rich
R. Ramakumar writes in Pragoti on the Union Budget 2011

6 years

Monthly Review: Frenzy in Food Markets
Jayathi Ghosh writes on the real reasons behind sharply rising global food prices, which is wreaking further devastation on populations in developing countries that have already been ravaged for several years of rising prices and falling employment chances.

6 years

The Hindu: Workers' March to Parliament
“We have come here to ask the government to have a stronger labour policy, to stop disinvestment of public sector units and to address corruption and the issue of unemployment. This is the first time after Independence that the Left and non-Left trade unions have come together for the cause of the people.”

6 years

Tehelka: The danger of Being good
The miracle of individual choice may be what is keeping us safe as a society. Some people just choose to be good, no matter what. This is the story of what happens to them.

6 years

The Hindu: P. Sainath comments on Dr. Manmohan's recent televised press conference.
If asking the right questions is at the heart of journalism, then somebody had a bypass. At no point did it occur to them that the corruption they questioned him on with some passion, flowed entirely out of policies and from a policy altar at which they have worshipped for years.

6 years

Frontline: Neoliberal illogic
A critical analysis on why neoliberal policies will not help in alleviating inflation, and will necessarily aggravate it.

6 years

The Hindu: The lurch of the Lemmings
With 2G, Radia, illicit funds, and a stubborn CVC, the UPA government's scams are multiplying faster than Lemmings, the little rodents that live mostly in and around the Arctic

6 years

Workers' Forum: ജനിതകമാറ്റത്തിനുള്ള സാങ്കേതിക വിദ്യ ഉപയോഗപ്പെടുത്തണം
നമ്മുടെ സമീപനം ശാസ്ത്രീയമാവണം. സാമൂഹിക പ്രശ്നങ്ങള്‍ പരിഗണിച്ചുള്ളതാകണം - എസ്. രാമചന്ദ്രന്‍പിള്ള

6 years

EPW: Prices of Onions: An Analysis
The recent sharp rise in the prices of onions can be attributed to a decline in kharif production, a reduction in the minimum export price during November 2010 and a holding back of stocks by traders

6 years

Frontline: Invisible people: Migrant labourers in Kerala
For many residents in Kerala, where for every 100 households there are 29 emigrants, all this brings a strange sense of deja vu – only the characters in the story are different and are from other States.

6 years

Workers' Forum: മൂന്നാം അന്താരാഷ്ട്ര കേരള പഠന കോണ്‍ഗ്രസ്: സംവാദം ഒറ്റനോട്ടത്തില്‍
പുത്തന്‍ വികസന സംസ്കാരത്തിന്റെ ആവശ്യകത ഇ എം എസ് പലവട്ടം ചൂണ്ടിക്കാണിച്ചിട്ടുണ്ട്. രാഷ്ട്രീയഭേദങ്ങള്‍ നിലനില്‍ക്കും. ആഗോളവല്‍ക്കരണ പരിഷ്കാരങ്ങളോടുള്ള എതിര്‍പ്പും തുടരും. എന്നാല്‍ അതേസമയം സംസ്ഥാനത്തിന്റെ വികസനത്തിന് പ്രായോഗികമായ ഒരു പരിപാടിയുടെ അടിസ്ഥാനത്തില്‍ വിപുലമായ യോജിപ്പ് വളര്‍ത്തിയെടുക്കാന്‍ കഴിയണം. ഡോ. ടി എം തോമസ് ഐസക്കിന്റെ ലേഖനം. വര്‍ക്കേര്‍സ് ഫോറത്തില്‍ നിന്നും.

6 years

Pragoti: Notes on Contemporary Imperialism
There has been such an immense growth of the financial sector within each capitalist economy and of financial flows across the globe that many have talked of a process of “financialization” of capitalism, rather like “industrialization” earlier.

6 years

Workers' Forum: ഒബാമ: വാഴ്ത്തുപാട്ടുകൾക്കും അസംബന്ധങ്ങൾക്കും ശേഷം
പി. സായ്നാഥ് എഴുതിയ 'Obama: after the gush and the drool' എന്ന ലേഖനത്തിന്റെ സ്വതന്ത്ര പരിഭാഷ : സൂരജ് രാജന്‍. വര്‍ക്കേര്‍സ് ഫോറത്തില്‍ നിന്ന്..

6 years

Guardian: Save Haiti from aid tourists
How can Haitians make policy when foreign-run fiefdoms suck up funds for pet projects? How can local farmers harvest crops when free food floods markets?

6 years

Pragoti: "Strengthen the unity of the Left - foremost political task" - Interview with Thomas Isaac
There has been a very formidable gang up against the Left in these elections. One, as I told you, some political parties have shifted away from the LDF. Two, the Church came out openly against the LDF

6 years

Pragoti: SKS and the Crisis of Corporate-led Microfinance in India
The edifice on which microfinance has been built in India is the policy of financial liberalisation, and this has had adverse socio-economic consequences on borrowers.R.Ramakumar writes in Pragoti on the bursting of the corporate-led microfinance bubble story in India.

6 years