Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801de485aa78-trace').style.display = (document.getElementById('cakeErr6801de485aa78-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6801de485aa78-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801de485aa78-code').style.display = (document.getElementById('cakeErr6801de485aa78-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801de485aa78-context').style.display = (document.getElementById('cakeErr6801de485aa78-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6801de485aa78-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr6801de485aa78-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 60961, 'title' => 'Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'subheading' => null, 'description' => '<p style="text-align:justify">-Newsclick.in</p> <p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p> <p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p> <p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p> <p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p> <p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'Newsclick.in, 9 October, 2021, https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60961, 'metaTitle' => 'LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'metaKeywords' => 'Joe Biden,Neoliberalism,Neoliberal Economics,Fiscal Spending,UNCTAD', 'metaDesc' => '-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic...', 'disp' => '<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60961, 'title' => 'Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'subheading' => null, 'description' => '<p style="text-align:justify">-Newsclick.in</p> <p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p> <p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p> <p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p> <p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p> <p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'Newsclick.in, 9 October, 2021, https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60961 $metaTitle = 'LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ' $metaKeywords = 'Joe Biden,Neoliberalism,Neoliberal Economics,Fiscal Spending,UNCTAD' $metaDesc = '-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic...' $disp = '<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik | Im4change.org</title> <meta name="description" content="-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik </strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6801de485aa78-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801de485aa78-code').style.display = (document.getElementById('cakeErr6801de485aa78-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6801de485aa78-context').style.display = (document.getElementById('cakeErr6801de485aa78-context').style.display == 'none' ? 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The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p> <p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p> <p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p> <p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p> <p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'Newsclick.in, 9 October, 2021, https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60961, 'metaTitle' => 'LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'metaKeywords' => 'Joe Biden,Neoliberalism,Neoliberal Economics,Fiscal Spending,UNCTAD', 'metaDesc' => '-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic...', 'disp' => '<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60961, 'title' => 'Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'subheading' => null, 'description' => '<p style="text-align:justify">-Newsclick.in</p> <p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p> <p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p> <p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p> <p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p> <p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'Newsclick.in, 9 October, 2021, https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60961 $metaTitle = 'LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ' $metaKeywords = 'Joe Biden,Neoliberalism,Neoliberal Economics,Fiscal Spending,UNCTAD' $metaDesc = '-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic...' $disp = '<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik | Im4change.org</title> <meta name="description" content="-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik </strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p> <p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. 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The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic...', 'disp' => '<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60961, 'title' => 'Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'subheading' => null, 'description' => '<p style="text-align:justify">-Newsclick.in</p> <p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p> <p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p> <p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p> <p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p> <p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'Newsclick.in, 9 October, 2021, https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60961 $metaTitle = 'LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ' $metaKeywords = 'Joe Biden,Neoliberalism,Neoliberal Economics,Fiscal Spending,UNCTAD' $metaDesc = '-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic...' $disp = '<p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the &ldquo;opening&rdquo; up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik | Im4change.org</title> <meta name="description" content="-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik </strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p><p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 60961, 'title' => 'Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'subheading' => null, 'description' => '<p style="text-align:justify">-Newsclick.in</p> <p style="text-align:justify"><em>The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending.</em></p> <p style="text-align:justify">The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p> <p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p> <p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p> <p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more. </p> ', 'credit_writer' => 'Newsclick.in, 9 October, 2021, https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'total-rerun-of-neo-liberal-policies-won-t-work-in-a-post-pandemic-world-prabhat-patnaik', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60961, 'metaTitle' => 'LATEST NEWS UPDATES | Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'metaKeywords' => 'Joe Biden,Neoliberalism,Neoliberal Economics,Fiscal Spending,UNCTAD', 'metaDesc' => '-Newsclick.in The Biden administration is realising this. 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But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more. </p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60961, 'title' => 'Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik ', 'subheading' => null, 'description' => '<p style="text-align:justify">-Newsclick.in</p> <p style="text-align:justify"><em>The Biden administration is realising this. 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This is because the “opening” up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce.</p><p style="text-align:justify">The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus.</p><p style="text-align:justify">Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k" title="https://www.newsclick.in/total-rerun-neo-liberal-policies-wont-work-post-pandemic-world?fbclid=IwAR1au4Wpj-SQ8-rBFVrucbL5XU_AqR5sniBqFL7G5pAkR_uMek2UMzinq3k">click here</a> to read more. </p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik |
-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods and services leads to a rapid introduction of structural-cum-technological change, which, because of its labour-displacing character, keeps down the growth rate of employment, to even below the natural growth rate of the workforce. The resulting increase in the relative size of the reserve army of labour restrains the level of real wages everywhere, even as labour productivity grows massively, causing a rise in the share of economic surplus. Such a shift from wages to surplus, depresses the level of consumption demand, and hence aggregate demand, and causes a tendency toward an over-production crisis. Since fiscal conservatism at the insistence of finance capital, prevents any offsetting of this tendency through State spending, the only possible counter to it within a neo-liberal economy, is provided by asset price bubbles that also have the effect of boosting demand. But even if such a bubble perchance gets generated, that keeps at bay the over-production crisis for a while, its collapse again pushes the economy into a crisis. Please click here to read more. |