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<p style="text-align:justify"><em>A system without any steering control</em></p>
<p style="text-align:justify">An essential characteristic of modern capitalism is that the living conditions of millions of people are determined by the whims and caprices of a handful of financial speculators; indeed, that is what ‘leaving things to the market’ really entails. Consider what is happening in India today. There is a massive outflow of finance from the country because of which the rupee is depreciating vis-à-vis the dollar. It has already fallen by more than 10% since February even though the Reserve Bank of India has spent over $100 billion, almost a sixth of the country’s foreign exchange reserves, to prevent such a fall, and even though it has been raising the interest rate almost in tandem with the rise in the United States of America to discourage such an outflow.</p>
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<p style="text-align:justify">Please <a href="https://www.telegraphindia.com/opinion/vicious-cycle-a-system-without-any-steering-control/cid/1897051">click here</a> to read more. </p>
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LATEST NEWS UPDATES | Vicious cycle -Prabhat Patnaik </title>
<meta name="description" content="-The Telegraph
A system without any steering control
An essential characteristic of modern capitalism is that the living conditions of millions of people are determined by the whims and caprices of a handful of financial speculators; indeed, that is what ‘leaving things..."/>
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A system without any steering control
An essential characteristic of modern capitalism is that the living conditions of millions of people are determined by the whims and caprices of a handful of financial speculators; indeed, that is what ‘leaving things..." />
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<br><small>November 9, 2022</small>
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A system without any steering control
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New Delhi: Former Union economic affairs secretary E.A.S. Sarma has asked the Election Commission of India to prevent the fresh sale of electoral bonds, as...</p>
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It justifies the ‘intelligible differentia’ between Scheduled Castes practising Hinduism, Sikhism, and Buddhism and those practising other religions
The affidavit filed by the Union government before the Supreme Court Bench hearing the case for the inclusion of Dalit Christians and Dalit Muslims on the list...</p>
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<br><small>November 9, 2022</small>
<p style="padding-top: 6px;">-The Hindu
The scientists in the institute have identified a few locations in the higher reaches of Uttarakhand for “densification” of seismometers and river gauges to take the total number to 100 from 60.
The National Geophysical Research Institute (NGRI) of the Council of Scientific and Industrial...</p>
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<br><small>November 8, 2022</small>
<p style="padding-top: 6px;">-The Hindu Business Line
The fodder crop deserves a central place in the agri-ecosystem and needs institutional support, such as crop insurance
The recent increase in fodder costs have played a major role in rising milk prices, hitting dairy farmers hard.
Fodder inflation has seen a sharp hike...</p>
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<br><small>November 9, 2022</small>
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A system without any steering control
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New Delhi: Former Union economic affairs secretary E.A.S. Sarma has asked the Election Commission of India to prevent the fresh sale of electoral bonds, as...</p>
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It justifies the ‘intelligible differentia’ between Scheduled Castes practising Hinduism, Sikhism, and Buddhism and those practising other religions
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<br><small>November 9, 2022</small>
<p style="padding-top: 6px;">-The Hindu
The scientists in the institute have identified a few locations in the higher reaches of Uttarakhand for “densification” of seismometers and river gauges to take the total number to 100 from 60.
The National Geophysical Research Institute (NGRI) of the Council of Scientific and Industrial...</p>
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<br><small>November 8, 2022</small>
<p style="padding-top: 6px;">-The Hindu Business Line
The fodder crop deserves a central place in the agri-ecosystem and needs institutional support, such as crop insurance
The recent increase in fodder costs have played a major role in rising milk prices, hitting dairy farmers hard.
Fodder inflation has seen a sharp hike...</p>
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LATEST NEWS UPDATES | Vicious cycle -Prabhat Patnaik </title>
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A system without any steering control
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It justifies the ‘intelligible differentia’ between Scheduled Castes practising Hinduism, Sikhism, and Buddhism and those practising other religions
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The scientists in the institute have identified a few locations in the higher reaches of Uttarakhand for “densification” of seismometers and river gauges to take the total number to 100 from 60.
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<br><small>November 8, 2022</small>
<p style="padding-top: 6px;">-The Hindu Business Line
The fodder crop deserves a central place in the agri-ecosystem and needs institutional support, such as crop insurance
The recent increase in fodder costs have played a major role in rising milk prices, hitting dairy farmers hard.
Fodder inflation has seen a sharp hike...</p>
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-The Telegraph
A system without any steering control
An essential characteristic of modern capitalism is that the living conditions of millions of people are determined by the whims and caprices of a handful of financial speculators; indeed, that is what ‘leaving things to the market’ really entails....
-The Telegraph
‘Ill-timed, improper’ amendment notified by Centre a bid by ruling party to take ‘undue advantage’, says former economic affairs secretary
New Delhi: Former Union economic affairs secretary E.A.S. Sarma has asked the Election Commission of India to prevent the fresh sale of electoral bonds, as...
-The Hindu
It justifies the ‘intelligible differentia’ between Scheduled Castes practising Hinduism, Sikhism, and Buddhism and those practising other religions
The affidavit filed by the Union government before the Supreme Court Bench hearing the case for the inclusion of Dalit Christians and Dalit Muslims on the list...
-The Hindu
The scientists in the institute have identified a few locations in the higher reaches of Uttarakhand for “densification” of seismometers and river gauges to take the total number to 100 from 60.
The National Geophysical Research Institute (NGRI) of the Council of Scientific and Industrial...
-The Hindu Business Line
The fodder crop deserves a central place in the agri-ecosystem and needs institutional support, such as crop insurance
The recent increase in fodder costs have played a major role in rising milk prices, hitting dairy farmers hard.
Fodder inflation has seen a sharp hike...
