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Prasenjit Bose,Zico Dasgupta,Rohit Azad
Monday 07 August, 2017
The Indian growth story of the 2000s’ cannot be over-simplistically explained as a result of “market-oriented” reforms. Public sector bank credit-financed investments, particularly in the infrastructure sector, played a significant role in sustaining growth, most crucially after the global economic crisis. Such a growth trajectory, however, proved to be unsustainable with the expansionary phase coming to an end in 2011–12 and bad loans piling up in the banking system.
T. Sabri Oncu
Monday 17 July, 2017
Total global debt has increased, growth has been slowing down since the onset of the global financial crisis in 2007 and has been rapidly decelerating after 2012. This may be a sign that the world has arrived at its debt carrying capacity or has even crossed it, meaning that capitalism is probably already insolvent.
Jayati Ghosh
Tuesday 27 June, 2017
Imperialism, explains the renowned economist – whether explicit or implicit – is about the struggle to control economic territories such as markets, workers and natural resources. From explicit colonial control, imperialism has today evolved into forms of “inter-imperialist rivalries” wherein instead of a “free market”, the state exercises its control to further the interest of capitalists, rather than common people.
C.P. Chandrasekhar
Friday 25 November, 2016
This article explains how the growing dependence on foreign finance capital has distorted India’s growth. Due to the accumulated presence of foreign capital in the country since liberalisation, it is turning moribund and losing sovereignty
Prabhat Patnaik
Thursday 21 April, 2016
Even the unconventional measure of charging negative interest rates, as the author says, is unlikely to end the recession because capitalism today is in a deep structural crisis.
Samir Amin
Thursday 25 April, 2013
Arguing that China has chosen an original path, the author analyses the nature of this path at each of the stages of its development from 1950 to today–2012.
Korkut Erturk
Thursday 26 July, 2012
Unlike in the past, the state’s Unlike in the past, the state's inability to impose welfare-enhancing market restrictions through collective agencies today, lie at the root of the current global crisis.
C.P. Chandrasekhar
Wednesday 02 November, 2011
The "Occupy Wall Street" movement that is fast spreading maybe unorganized and inarticulate at present, but it questions the legitimacy of finance capital and its inequality.
 

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