Pitfalls of Export-Led Growth

THE wisdom of pursuing a strategy of export-led growth has been discussed among development economists for at least half a century, ever since the so-called East Asian “miracle” started to be contrasted with the comparatively sluggish growth experience of countries like India that were pursuing, in the World Bank’s language, an “inward looking” development strategy.

The Pervasiveness of Poverty in India

ONE of the striking findings of the Bihar Caste Survey, which bears out what the Left has been asserting for a long time, is that absolute poverty in the country is far more pervasive than what successive governments in India have been claiming. It shows that 34.1 per cent of Bihar’s population has a monthly household income of Rs 6,000 or less.

Settler Colonialism under a Shroud of Victimhood

Enable GingerCannot connect to Ginger Check your internet connectionor reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×THE eighteenth and nineteenth centuries had witnessed the emergence of two different paradigms of colonialism: the first, of which India was the classic example, involved the conquest of countries which had had a history of established central administrations that were sustained by established systems of surplus extraction, and the replacement of those old administrations by colonial regimes.

The Growing Crisis of Unemployment

IN an economy like ours where the work-force is not neatly divided into “the employed” and “the unemployed”, and instead there is massive and growing casualisation of work, measuring unemployment is a tricky business. It necessarily means asking a person how much work that person got over a certain period in the past, because of which the unemployment measure varies depending on what period is taken into account and how much work over this period is taken to constitute employment.

Western Left and the US-China Contradiction

SIGNIFICANT segments of the non-Communist Western Left see the developing contradiction between the United States and China in terms of an inter-imperialist rivalry.

Fascistic Hostility to Evidence

Enable GingerCannot connect to Ginger Check your internet connectionor reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×ALL fascistic outfits have one common characteristic: they reject outright all evidence that goes against the narrative they spin; and the Hindutva elements in power in India are no exception.

Genocide in Gaza

IN response to the attack by Hamas on October 7, Israeli forces have not only pounded the Gaza strip with massive bombing, killing nearly 2000 Palestinians and wounding at least 7000 (till Friday night), but have cut off all supplies of food, electricity, gas and water to Gaza.

The Globalisation of McCarthyism

Enable GingerCannot connect to Ginger Check your internet connectionor reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×THE central government’s hounding of Newsclick reminds one of the children’s story about a tiger and a goat drinking water from the same stream.

Globalised Capital and National Leadership

Enable GingerCannot connect to Ginger Check your internet connectionor reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×ONE of the most intriguing questions at present is why Europe’s political leadership has become complicit in what appear to be US efforts at undermining European economies.

Destroying Forests for Profits

Enable GingerCannot connect to Ginger Check your internet connectionor reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×THE Modi government, ever solicitous of corporate interests, has launched a plan whereby real estate developers and other corporates will be allowed to destroy large swathes of India’s forest cover for starting projects that rake in profits.

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Peoples Democracy

ECONOMIC NOTES