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Story of a fraying capitalism-Ashoka Mody and Michael Walton

-The Indian Express   India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty   French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...

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Missing the evidence-Sourindra Ghosh and Atul Sood

-The Indian Express   The Gujarat model, if there is one, is not shining. Surjit Bhalla, in recent articles (‘Gujarat's inclusive growth', IE, April 12, ‘Gujarat's other calling card', IE, April 19 and ‘Just name-calling', IE, April 26), has been making a case for Narendra Modi's prime ministerial candidacy by praising the Gujarat development model. It is surprising because, just a year ago, he critiqued Gujarat's growth model for being "neither equitable nor...

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Gujarat’s inclusive growth-Surjit S Bhalla

-The Indian Express   From high farm growth to wages for the disadvantaged, even their employment levels, Gujarat comes out on top. Both the opinion polls and the bookies suggest that Narendra Modi will be the next prime minister of India. There is a constant but healthy debate in the media about the likely pros and cons of a Modi administration. For each assertion made by the BJP, there is a counter presented....

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The Gujarat middle-Jean Drèze

-The Hindu   If Gujarat is a model, then the real toppers in development indicators, like Kerala and Tamil Nadu, must be supermodels In an earlier article published on this page ("The Gujarat Muddle," April 11, 2014), I pointed out that Gujarat's development achievements were hardly "model" class. This is pretty firm ground: the same point has been made by a long list of eminent economists. Yet confusion persists, so I decided to...

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Gujarat model hyped? Other BJP-ruled states, non-Cong parties performed better -Chetan Chauhan

-The Hindustan Times   Gujarat's developmental model has dominated this election season, thanks to BJP's PM candidate Narendra Modi making it a poll issue and the Congress hitting back with vengeance. Modi showcased his state's model to project his performance. The Congress called it a ‘toffee' model that India does not need. TMC said the West Bengal model was better while Telugu Desam Party said the Gujarat model was inspired by the one...

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