Storm Clouds over India’s Balance of Payments

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Imperialism and the Agrarian Crisis

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India’s Creeping Industrial Stagnation

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On Income and Wealth Inequality

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The Working Class under Neo-Liberalism

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The Fiscal Requirement of A Welfare State

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The Collapse of FTX

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The Outflow of Finance from the Periphery

THERE are two defining and portentous features of the current world economic situation. One, which is well discussed, is the world-wide increase in interest rates in response to the pervasive inflationary upsurge; it would indubitably generate recession and unemployment, which, notwithstanding all protestations to the contrary, is the real objective behind it.

Economics and Dishonesty

ECONOMICS is a subject where the ruling classes are forever trying to promote ideologically-motivated explanations in lieu of scientific ones. These explanations of course can be, and have been, fitted into an integrated totality of an alternative non-scientific theoretical structure that Marx had called “vulgar economy” as distinct from classical political economy.

The Triumph of the City

THE triumph of the City of London, the one square kilometre next to Liverpool Street station that houses the citadel of British finance, is complete. Not only did it get rid of one British prime minister, whom it distrusted, in the space of just 44 days, but even got a new one of its choice installed forthwith. Rishi Sunak is being called many things: the first British Asian prime minister, the first Hindu prime minister, and so on.

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Peoples Democracy

ECONOMIC NOTES

Storm Clouds over India’s Balance of Payments

Imperialism and the Agrarian Crisis

India’s Creeping Industrial Stagnation

On Income and Wealth Inequality

The Working Class under Neo-Liberalism

The Fiscal Requirement of A Welfare State

The Collapse of FTX

The Outflow of Finance from the Periphery

Economics and Dishonesty

The Triumph of the City

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