-The Telegraph Even reformed capitalism cannot give equal opportunity There is a view that the real problem with capitalism is that there is no equality of opportunity under this system. Your entire life gets determined by which class you happen to get born into. If the effect of this ‘happenstance’ could somehow be eliminated, so that everyone enjoyed equality of opportunity, then even though income and wealth inequalities continued to remain...
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The limits of shock and awe: Nandy, Dalits & Corruption -Praful Bidwai
-Kashmir Times If psychologist Ashis Nandy had planned to ignite a potentially ugly controversy at the Jaipur Literary Festival, he couldn't have done better than by insinuating intimate links between corruption and Dalits, Adivasis and Other Backward Classes. After warning that he was about to make a "very undignified" and "almost vulgar" statement, "which will shock you", Nandy said: "It is a fact that most of the corrupt come from the...
More »China pledges to narrow income gap
-Al Jazeera Widening wealth gap in Beijing has stoked concerns over its impact on political and social stability. The Chinese government has issued a pledge to narrow the widening income gap between rich and poor, which includes raising its minimum wage and requiring state companies to turn over more Profits to pay for social programmes. The pledge on Tuesday promised more spending on health, education and job training but gave few details and...
More »It is hard to trust GM when it is in the grip of a few global giants-John Vidal
-The Guardian Don't believe the hype: GM is in the grip of a few firms that profit from selling the chemicals they engineer their seeds to resist Thirty years ago, genetic engineers hoped new technology would revolutionise world farming and reduce or even eliminate the need for fertilisers and pesticides. It was a noble idea that deserved success. But only promises came. In the 1990s the public was told genetic modification would...
More »The great number fetish-Sankaran Krishna
-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...
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