-Frontline A World Bank report on climate change warns that a warmer world will trap millions in poverty. "Much of the advance of European capitalists and other members of the European ruling class was at the cost of the colonised and enslaved peoples of Africa, Asia and Latin America," says Amiya Kumar Bagchi in his book "Perilous Passage: Mankind and the Global Ascendancy of Capital." Capitalist expansion following the Industrial Revolution involved...
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High stakes, mega bucks fuel illegal ‘dig-load-sell’ sand business -Surojit Gupta
-The Times of India NEW DELHI: Humble sand is today big business. The boom in the construction industry in the last decade has triggered a huge demand for sand, to meet which contractors, with the help of pliant state officials, have begun a dig-load-sell exercise at a frantic pace. The story of illegal loot of sand in this high-stake business is repeated in state after state. TOI spoke to several officials, activists,...
More »Let’s talk about the growth strategy, stupid -Jayati Ghosh
-Tehelka.com The Sen-Bhagwati ‘debate' on economic policy is focussing on the wrong issues Several things are quite remarkable about the recent debate between Professor Amartya Sen and Professor Jagdish Bhagwati. The first surprise is that such a debate could become a major news item at all, making headlines and filling screen time on news channels, when it is about economic strategies that are normally discussed only in relatively small academic and policy...
More »The chimera of Dalit capitalism -Nissim Mannathukkaren
-The Hindu The recent launch of the first Dalit venture fund occasions an examination of the moral and ethical emptiness of capitalism History shows that where ethics and economics come in conflict, victory is always with economics B.R. Ambedkar If only Milind Kamble, founder of the Dalit Indian Chamber of Commerce and Industry (DICCI) and Chandra Bhan Prasad, Dalit thinker, columnist and DICCI mentor, had imbibed the wisdom of Manning Marable's How Capitalism Underdeveloped...
More »The flip side of agricultural growth in Madhya Pradesh -Sachin Kumar Jain
-Down to Earth Agricultural growth rate figures in the state appear to be unrealistic if one considers farm suicides and increase in number of landless farm labourers I am in a dilemma over the veracity of the data available on the state of agriculture in Madhya Pradesh. Perhaps, the reader could help me in this effort. Chances are he or she could be as befuddled as I am on the matter. In...
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