Category: Economy
Economy, according to Karl Marx, is the base over which the superstructure of the modern society stands. Without a comprehensive and critical analysis of the economy, its peculiar itinerary and the major issues that block its way ahead, we won’t be in a position to resolve the political or other problems.
Capitalism: An overrated failure story
Reading Time: 7 minutes Why attempts made by governments of different countries, including India’s, to revive capitalism with a stimulus during COVID-19 isn’t feasible at all?
Can a loan package for the MSME sector from Sitharaman help at all?
Reading Time: 3 minutes Can the Modi regime’s Rs 3 trillion-worth loan package for the MSME sector help it survive and provide employment to the workers?
Why the corporate world isn’t truly happy with Modi’s Rs 20 trillion package?
Reading Time: 3 minutes Though Modi’s Rs 20 trillion-worth so-called “fiscal stimulus” package was all about selling India to corporates, why the latter aren’t quite happy now?
FM Sitharaman’s fifth tranche announcements expose there wasn’t any stimulus package
Reading Time: 9 minutes Nirmala Sitharaman’s fifth tranche announcements regarding the Rs 20 trillion “stimulus package” exposed there was no relief plan at the first place.
Sitharaman’s fourth tranche unveiled the long-pending anti-people reforms
Reading Time: 7 minutes After beating around the bush, Nirmala Sitharaman’s fourth tranche of announcements revealed how the Modi regime is selling India to big mining giants.
Third tranche of Sitharaman’s COVID-19 package announcements poses threat to farm sector
Reading Time: 7 minutes The third tranche of Sitharaman’s COVID-19 package announcements not only avoided fiscal stimulus but also jeopardised India’s food security.
Sitharaman’s second set of announcements have no clear solution as well
Reading Time: 7 minutes Like her first set of announcements, Sitharaman’s second set of announcements regarding the much-hyped fiscal stimulus package was also utterly hollow.
Sitharaman’s announcements on day one peddled liquidity as fiscal stimulus to dupe people
Reading Time: 7 minutes Nirmala Sitharaman’s announcements, on the first day of the many days she will announce details of Modi’s Rs 20 billion-worth package, were simply hollow.
Part II: COVID-19, fictitious capital and financial crisis
Reading Time: 8 minutes The second part of the analysis of the COVID-19 pandemic, share buy back and fictitious capital: A capitalist effort to survive the financial crisis.
COVID-19, fictitious capital and financial crisis
Reading Time: 7 minutes The COVID-19 isn’t the cause of the quagmire in which capitalism is in at the moment. The pandemic only triggered what was inevitable. An in-depth analysis.