Imperialism and the Digitalisation of India
Examining India’s digital sector in relation to the world economy, we observe the following: (1) the creation of an international division of labour in the digital... Read more.
Spurious Claims of Giant Fiscal Savings; Grim Realities
Tax revenues have stagnated, and grown even more regressive, during the decade of digitalisation. Claims of huge savings due to digitalisation are not only false,... Read more.
The Impact of Digitization on India’s Economy
The decade of 'peak digitalisation' has witnessed depressed consumption, stalled investment, retrogression in the pattern of employment, and falling real wages.... Read more.
Introduction
The present peasant movement in the relatively developed regions is not a sudden development, but the product of a long-festering agrarian crisis, much before the... Read more.
Fall-out of the Ukraine Conflict on India’s Economy
The Ukraine war has provided India’s rulers with a ready alibi for all the adverse developments in the economy. But the principal responsibility for the suffering... Read more.
Introduction
India’s private corporate sector is more prominent today than at any time in the past. Its chieftains are listed among the richest persons in the world. The Indian... Read more.
A Regime of Drain, External Control, and Impoverishment
The Indian authorities are putting the finishing touches on a financial regime that will perpetuate an unprecedented level of control of India’s economic policy... Read more.
Whom Are We Addressing?
When economists criticise a particular economic policy measure, they generally do so on the implicit assumption that the rulers could have acted differently. But... Read more.
Farm Households Earn More from Wages than Crops: What Does This Imply?
Some commentators have concluded that the bulk of farm households are not really “serious” farmers, since they derive more of their income from wages than from... Read more.
Pushed Over the Edge
The economy was in a depression even before March 2020. With the massive depression of demand that has taken place due to the Covid-19 lockdowns and the Government’s... Read more.