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Wealth Inequality in a Capitalist Society -Prabhat Patnaik

-Newsclick.in Two taxes – inheritance and wealth -- alone, levied only on the top 1% of the population, would be enough to fetch Rs.14.67 lakh crore. It is often believed that the ability to pass on property to one’s progeny is an essential element of capitalism, without which the capitalists’ incentives will dry up and the system will lose its dynamism. Nothing could be further from the truth; indeed the acquisition of...

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A normalisation of WFH is unlikely to raise women’s participation in the labour force -Ashwini Deshpande

-The Indian Express Work from home, without lessening domestic burden and an increase in paid work, is unlikely to draw more women into the labour force. Is the COVID-19 pandemic unwittingly turning the tide on the sticky issue of the low labour force participation (LFP) of Indian women that decades of policy and research efforts have been trying to achieve without success? A recent report from LinkedIn suggested that Indian women increased their...

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Over one-third of judges’ posts lie vacant in 12 high courts. So much for collegiums -Arvind Kumar

-ThePrint.in Bihar, one of India’s most populous states, has the highest judges’ vacancy in its high court. That says a lot about India’s ability to render timely justice. The number of pending cases in India’s higher judiciary and the number of vacancies in the Supreme Court and the high courts have been simultaneously increasing. The number of pending cases, which is directly related to the judge-to-population ratio, is an important tool to...

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Jean Drèze on why Amartya Sen is the original ‘argumentative Indian par excellence’

-Scroll.in ‘Abstract as they may seem, his essential ideas are a springboard for public action’: Jean Drèze’s foreword to Lawrence Hamilton’s ‘How To Read Amartya Sen’. Amartya Sen is better known as an economist than as a philosopher, but he is both and more, like Adam Smith – someone he admires and who happens to share his initials. It is, quite often, his grounding in philosophy that enables him to question the...

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Google Under Fire in US for Predatory Monopoly Practices -Prabir Purkayastha

-Newsclick.in Tech monopolies are increasingly being acknowledged as a danger to people, other companies and even to democracy. The regulatory worm seems to be turning in many countries, even in the US where it had gone into hibernation. The US Department of Justice has filed a lawsuit against Google-Alphabet (Alphabet is Google's parent company) for a range of anti-competitive practices using its monopoly power in the search market. This is the only...

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