-Newsclick.in Globalised capital would like a system that produces identical potential recruits and social support base for itself, which fits the Hindutva agenda, as reflected in NEP’s silence on caste. Education in post-Independence India was supposed to not just provide knowledge and skills to students, but also to facilitate the process of “nation-building” (to use a clumsy word). Since the concept of an “Indian nation”, although it existed in a rudimentary form...
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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...
More »Farmer’s Agitation: A Unique Movement In India’s History in India -Prabhat Patnaik
-Countercurrents.org Real life has a way of surprising theory. One of the most intensely discussed theoretical questions on the Left has been how to bring agricultural labourers and peasants, including well-to-do peasants, together in a common struggle against landlord domination in India’s countryside. Numerous Marxist gatherings have for years discussed the contradiction between peasants and labourers holding up a decisive resolution of the contradiction between the landlords and the rest of...
More »Why India’s Ongoing Peasant Movement is no Ordinary Struggle -Prabhat Patnaik
-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...
More »IMF’s Issue of Fresh SDRs -Prabhat Patnaik
-Networkideas.org The International Monetary Fund has announced a fresh issue of $650 billion Special Drawing Rights in August which would be distributed among member countries in proportion to their IMF quotas. This amount is less than what had been demanded by many, which was a trillion dollars, but it does represent a small temporary comfort for the heavily indebted third world countries. Almost all of it will go into the pockets of...
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