Enable GingerCannot connect to Ginger Check your internet connectionor reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×CUTTING down expenditures that impact upon the poor while bailing out the corporates has been the hallmark of neoliberal policies. Profit making by any means and favouring the rich by way of offering subsidies from state exchequer to the big corporates is being legitimised as pro-market and development enhancing strategies.

Enable GingerCannot connect to Ginger Check your internet connectionor reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×THE quarterly estimates released for the second quarter (July-September) by the National Accounts Division estimate a GDP growth of 6.3 per cent which was pegged at 13.5 per cent in the first quarter of 2022-23. It is understandable that the previous figure was relatively high because of the low base effect and growth rates show moderate trends as situations normalise.

MARX’S unique concept of ‘mode of production’ implies production not in the narrow technological sense but a comprehensive unity of concrete relations between humans and nature captured by means of production and that between human beings themselves who consciously participate in the social processes of production defining production relations.Mode of production as a conceptual category helps us analyse the empirical regularities of history.

IT has been almost an untold convention held by the pink papers and mainstream media that an expenditure from government exchequer that flows to the poor directly or indirectly are to be termed as ‘populist’ in political discourse and recently as ‘freebies’ in the context of ‘economic prudence’. A mirror image, in the lens of class, is the huge applaud the same media shower on policies that propose tax cuts or subsidies to capitalists.

ONE of the major changes visible in the organisation and control of the capital in the recent period has been the emergence of platform-based global giants such as Google, Facebook, Amazon, Alibaba and Uber emerging as market makers, enjoying immense control over the market without producing any goods per se. In different phases of capitalism, we not only come across different forms of regulating capital but also of changing the structure of firms that defined ownership and control of companies.