-Livemint.com Digitization and militarization may aggravate the underlying structural conditions behind the Great Depression of 2008 and trigger a similarly dire crisis, says study There are warning signs that the global financial system is heading for another disaster. In a new paper, William I. Robinson of the University of California adds to these warning bells by highlighting how the rapid rise of digitalisation and new technologies could potentially hurt the global economy. In a...

-Down to Earth Government cites increasing pollution and heatwave in the state as reason for the ban The Government of Bihar recently banned felling of trees, citing increasing pollution as well as a fatal heatwave. Trees on private land, however, can be felled in the absence of a tree-protection Act in Bihar. The current order was passed under the Forest Conservation Act, DK Shukla, principal chief conservator of forests, told Down To Earth (DTE)....

-The Hindu Bengaluru: In the arid Budnahatti village just beyond Challakere, the four borewells dug to provide villagers with drinking water have started drying up because of consecutive droughts. “There is barely one inch of water yield from here, not enough for everyone in the village. We have requisitioned authorities to drill three more borewells, but we may have to go more than 1,000 feet deep to get some water,” says Eswarappa,...

-Newsclick.in After economic liberalisation, barring a brief hiatus, the growth rate has scarcely moved up compared with earlier, with manufacturing -- the sector that counts most -- often logging lower growth than before. The “gross domestic product” (GDP) is a concept rooted in an epistemic position which is intrinsically incapable of recognising the existence of a “surplus” in society. A simple example will make this clear. Suppose we have an agrarian economy...

-Newsclick.in The tragedy unfolding in Muzaffarpur has been turned into a sensationalised TV serial. Dear parachute reporters from Delhi, Mumbai and elsewhere, please stop the drama of Lights, Camera, Action. You are a reporter not an actor. The nation is shocked and pained by the death of scores of children in Muzaffarpur in Bihar and instead of presenting the facts or investigating the causes, instead of sympathy and understanding towards the weeping kin,...