Bijoy Mohan explores the new NRI paradigm :
The phrase “economic opportunity” is frequently used in economic discussions, but within India, it has always had a somewhat nebulous meaning. For generations, the opportunities open to citizens were determined by a socially stratified “caste” system and one’s place within it, which was itself determined by birth. A [...]
Archive for the 'Capitalism' Category
Opportunities in India : The NRI paradigm
Published by January 26th, 2010 in Business, Capitalism, Economy and India. 0 CommentsExpensive malls, cheap products?
Published by October 23rd, 2009 in Business, Capitalism, Consumer, Economy, Environment and Globalisation. 3 CommentsBhagwad thinks malls are expensive, but very little of the money spent there goes to the employees. And then he says products sold at malls are ‘profitable because we don’t pay the full cost of products from the mine to the dump’. Now, which is true? That the malls are expensive or the products are [...]
Remembering K.Balagopal
Published by October 14th, 2009 in Activism, Adivasi, Capitalism, Caste, Dalit, Democracy, Development, Feminism, Human Rights, Justice, Politics and Poverty. 4 CommentsA site dedicated to the memory of human rights activist Balagopal who passed away recently.
Anand Teltumbde recalls his association with his ‘dearest friend and comrade’:
I knew Balagopal since 1980s and admired him for his sharp intellect and deep commitment to human rights. Not many in the movement knew that he was a brilliant mathematician and [...]
R.I.P. Dr.Balagopal
Published by October 10th, 2009 in Adivasi, Capitalism, Caste, Dalit, Democracy, Development, Government, Human Rights, India, Justice, Policy, Politics, Poverty and Violence. 0 CommentsAditya pays tributes:
A relentless crusader for human rights for three decades now, Andhra Pradesh HC lawyer Balagopal has fought cases from extra-judicial killings of political dissenters to atrocities against Dalits and women. And he has often suffered personal attacks for his efforts, by the police and others shamed by his exposes. But he has never [...]
Rich and Healthy in India….
Published by September 5th, 2009 in Capitalism, Economy, Health and India. 1 CommentEven as the USA continues to debate health care reform, Colin, a die hard capitalist ideologue based in Washington DC basing his hypothesis on a Salon article,suggests that perhaps the country that ought to most closely studied by the Obama administration is India, which has taken a much more free market approach.
He quotes Aruna Viswanatha, [...]
Lohia and the ‘People’s Movement Left’
Published by June 18th, 2009 in Activism, Capitalism, Caste, Democracy, Development, Economy, History, Politics, Science & Technology and Theory. 0 CommentsAmit Basole evaluates Lohia in a ‘time of crisis’ in the Indian left movements:
Along with the question of Eurocentrism, the question of the type of economic development was Lohia’s most fundamental theoretical challenge to Marxism. Marxists have been by and large unwilling to confront the possibility that industrialism and not capitalism may be the primary [...]
One world, different crises
Published by May 29th, 2009 in Capitalism, Development, Economy, India, Regulation and World. 0 CommentsWhy has the global financial crisis not generated any ‘existential angst about capitalism’ or any ’serious questioning of the role of the market’ in developing countries like India, unlike in the west? Arvind Subramanian offers some great insights:
There is a gradual realization that the diagnostic spotlight must shine on the revolving door between Wall Street [...]
Statism or the Market?
Published by May 13th, 2009 in Capitalism, Dalit, Democracy, Economy, General Elections 2009, Government and Politics. 0 CommentsSauvik Chakraverti suggests the only hope for the Dalits lies in the market:
Yet, if you search the archives of the Dalit website dedicated to Dr. BR Ambedkar, you will find my old article “Caste and the Market Economy” that argues urbanization and globalization are in the best interests of the lower castes. That is, the [...]
The ‘Bangalore model’
Published by March 27th, 2009 in Capitalism, Culture, Economy and Globalisation. 0 CommentsInteresting post by SocProf at the Golbal Sociology blog on the growth of global cities and other places in the South:
At the same time, the authors show how Bangalore (the global city in which they did their fieldwork) also illustrates the process of universalization of the particular as the “Bangalore model” is adopted by other [...]
Indians aren’t lab rats
Published by February 17th, 2009 in Activism, Announcement, Capitalism, Government, Health and Science & Technology. 3 CommentsSejal demands that the world should know this:
Three months ago, a nation-wide campaign opposing Genetically Modified (GM) crops, under the banner of ‘I am no lab rat‘, was launched. GM food is created by taking genes from organisms like bacteria, viruses, spiders, scorpions and forcibly inserting them into the genome of brinjals, potatoes, corn etc., [...]
The rationing of outrage
Published by December 6th, 2008 in 26/11, Capitalism, Media, Society and Terrorism. 0 CommentsWhy does my deeper reaction to something that holds more meaning for me make me a callous bitch who cares squat for more distant wounds?
Orange Jammies responds to the criticism that the rich seem more outraged now because their haunts like the Taj have been targeted, and to the attack on the media for ignoring [...]
Changing ideas
Published by November 25th, 2008 in Books, Capitalism, Development, Economy and Theory. 0 CommentsAruna Srinivasan shares her views on two recently published books:
Continuing my reflection on which “ism” is actually good – (refer to my previous post on 30th September 08 ) I came across two different perspectives in the past few days. One is Booker Prize winner Arvind Adiga’s Fiction “White Tiger,” and the other a forthcoming [...]
Is Capitalism dead?
Published by October 11th, 2008 in Capitalism, Economy, India and Regulation. 0 CommentsRay Titus believes the economic left should hold its horses:
Just finished watching the ‘Big Fight’ on NDTV, where the discussion centred on whether Capitalism would survive. I am shocked at the prescription put forward by the few corporate honchos and leftist economists on the discussion forum. They seem to advocate ‘regulated deregulation’!
Giving losers more money to lose
Published by September 27th, 2008 in Business, Capitalism, Development, Economy, Globalisation, Government and Politics. 2 CommentsA.k.a. The US (Global?) Financial Crisis.
Professor Ali Mir of Wayne Paterson has a lucid “Current Crisis for Dummies”, posted by Amitava Kumar.
So, back to our story. Wasn’t everyone making money?
Until a certain point in time. But as usually happens with a bubble, the quid came calling for the quo. Subprime borrowers defaulted on their loans [...]
Cha-cha Nehru
Published by September 24th, 2008 in Capitalism, Development, Economy and Politics. 0 CommentsVipin at First Principles takes a new look at Jawaharlal Nehru and Amartya Sen:
Jawahar was a tyrant! His police would imprison you for trading with fellow human beings. His temples of modern India (dams) rooted millions of homes, many of these people still havn’t received any compensation. He taxed you like mad, and the money [...]
Debunking the claims of trickle down theory
Published by August 19th, 2007 in Capitalism, Economy and India. 0 CommentsAbraham George points out to recently released statistics by National Commission for Enterprise in Unorganized Sectors and argues that the trickle down claims made by proponents of economic liberalization is plain wrong.
These statistics are very revealing of the state of India’s economy. 1-2% of the country’s population in the private organized sector is reaping much [...]
Dalit Freedom Network reacts to a The Buffalo News article on Dr. Kumar Bahuleyan’s massive $ 20 million donation to his village in Kerala:
Second, it is important to note the lack of government response to caste. From my perspective, this article is astounding not only because of the amount given or the people helped, but [...]
Easy Come, Easy Go
Published by July 28th, 2007 in Capitalism, Economy, Globalisation and India. 2 CommentsLeftyProf speculates on how long the Indian economic boom will last.
…some American companies are beginning to close down their India operations and return to their own shores because of the rise in wages in cities like Bangalore. I’m not predicting imminent doom, but this does point to the fact that the outsourcing boom is built [...]
T T Ram Mohan shows that the failure of Doha round is not because of India, as the US accused.
The breakdown at Potsdam was America’s fault, not India’s. Ms Schwab offered to lower the ceiling on America’s distorting agricultural subsidies to $17 billion. As America currently spends only about $11 billion, a ceiling of $17 [...]
Monkey in a suit asks some tough questions.
I think what appalls me most is that just as Unilever, the owner of Dove products, changes its branding to the preachy “Real Beauty” adverts in the United States, they’re eagerly capitalizing on the increase in disposable income for Indian women by re-peddling age-old prejudices in Indian society [...]
Jalianwalabagh Re-enacted: Nandigram Video
Published by May 10th, 2007 in Capitalism, Development, Economy, Human Rights and India. 0 CommentsFellow Blogbhartian Rama points us to the Nandigram Video
Untouchability and Indian Capitalism
Published by May 9th, 2007 in Capitalism, Dalit, India and Prejudice. 5 CommentsPratyush Chandra reads The Observer’s story about Dalit entreprenuer Hari Pippal and wonders if untouchability is symptomatic not so much of capitalism but of semi- feudalism.
It shows how stratification specific to a society is reproduced and even intensified under capitalism, with competition being generalised. Caste, race and all other hierarchical identities of yesteryears are transformed [...]
Assasination of the Third World
Published by May 5th, 2007 in Capitalism, Geopolitics, Globalisation, History and India. 0 CommentsVijay Prasad in conversation with Rohit Chopra discusses the themes of his book The Darker Nations, that explores the ‘rise and assasination’ of the Third World Project.
The triumph of financialization (what we sometimes call globalization) certainly renders the actual details of the project anachronistic. It, the project, does had not yet absorbed the immense power [...]
Corporate Tax: How Little our Companies Pay?
Published by May 2nd, 2007 in Capitalism, Economy and India. 0 CommentsMayank Krishna observes some hard facts about Indian corporates.
I really fell from my chair on knowing that Reliance Industries pays much less tax (as a percentage of income) than what I pay. Yes, Reliance Industries paid just 8.41% of PBT as tax in 2005-06. To know how much tax some of the well known companies [...]
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