-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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‘Without growth... we will be constrained in our ability to defend national security’ -P Chidambaram
-The Indian Express Until recently, we took a compartmentalised view of national security. Each threat to national security was neatly fitted into one compartment. The first, of course, was a war with Pakistan. That was fitted into a compartment and was meant to be deterred, or defended, through the might of our armed forces. A war with China was, and remains, unthinkable, and therefore that threat was fitted into another compartment...
More »Under MGNREGS, rural women find themselves empowered-D Karthikeyan
-The Hindu It has brought about financial independence to a certain extent for them Women, particularly Dalits, in rural areas of Madurai district find the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to be empowering, resulting in financial independence to a certain extent. The percentage of workers among the Scheduled Castes seeking MGNREGS jobs has remained constant in the district, only with a few changes over three years from 2009-10 to 2011-2012....
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...
More »Oxfam says world's rich could end poverty
-Al Jazeera UK-based charity says the world's 100 richest people earned enough in 2012 to end global poverty four times over. The world's 100 richest people earned enough money last year to end world extreme poverty four times over, according to a new report released by international rights group and charity Oxfam. The $240 billion net income of the world's 100 richest billionaires would have ended poverty four times over, according to the...
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