-Newsclick.in It’s a do-or-die battle intertwined with working class, and puts the government in a position where it must declare openly if it stands with the people or with international big business. Marxist theory develops with changing times, as Capitalism itself develops, which is why it remains a living doctrine. On the question of the role of the peasantry in the revolutionary process that leads to the transcendence of Capitalism, there have...

-Newsclick.in The pandemic has again exposed the true nature of Capitalism with profit being the primary driver irrespective of the rising inequalities. The contrast between the devastating effects of the Covid-19 pandemic on the lives and livelihood of the working-class population and the soaring profits of big pharma companies in the corresponding period is abhorrent. Please click here to read more.  ...

-Newsclick.in It is easy to see why Dalit entrepreneurs get celebrated, but the market is not casteless, as the media projects. Chandra Bhan Prasad, a noted advocate of entrepreneurship as a way to emancipate Dalits, acknowledged in a recent interview that Capitalism breeds inequality. Prasad and the Dalit Indian Chamber of Commerce and Industry (DICCI), an organisation he supports and promotes, posit Dalit Capitalism as an emancipatory tool. DICCI has steered Dalit-run...

-NetworkIdeas.org Following its $1.9 trillion Covid-relief package, the Biden administration has further announced an infrastructure package of $2.3 trillion. But in contrast to the former which is to be spent within months, the latter is to be spent over an eight-year period. And this package in turn is to be followed by a “human infrastructure” package. All this adds up to a massive stimulus for the economy as well as a...

-The Hindu To say that growth and inequality converge in terms of their effects on socio-economic outcomes is outrageous The Economic Survey 2021 (https://bit.ly/2OfqfVQ) does not seem to be a policy document derived straight from the empirical data of the economy or the social compulsions embedded in it. On the contrary, the Survey rings with policy postulates based on strong ideological overtones. Of interest would be Chapter 4, captioned ‘Inequality and Growth:...