Except in war-time, capitalism invariably seeks to control inflation by creating a recession; and this is so even when the inflation has been caused by an autonomous increase in capitalists’ profit-margins which are downward inflexible and hence would not...
by James M. Cypher in Monthly Review
After what seems a couple of decades of near quietude, Dwight Eisenhower’s bête noire, the military-industrial complex, is again fashionable. We see it in the 2021 outpouring of articles and books, a...
THE Indian economy is currently caught in a vicious spiral of inflation, stagnation, and a widening of the fiscal deficit. And this spiral is set to become even more vicious because inter alia of developments in the world economy.
Even before the...
IN a recent report the People’s Commission on the Public Sector and Public Services has rightly drawn attention to the sheer un-constitutionality of the Modi government’s plan to privatise en masse the assets of the public sector. The constitution of the...
EVERYWHERE in the world people got vaccinated against the Covid-19 virus without having to pay a penny, but not in India. Everywhere in the world, historic landmarks that define a nation, that constitute the warp and woof of a...
