Prabhat Patnaik
The writer is former professor of economics at JNU, Delhi.
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More From Prabhat Patnaik
The budget has ignored the poor
Prabhat Patnaik writes: It has blithely ignored the economy’s travails and provided neither stimulus nor succour to those in distress
Thu, Feb 03, 2022
How the fear of imperial encirclement has driven the Chinese Communist Party
Prabhat Patnaik writes: Its development strategy since the 1980s has not been oriented towards building socialism, but towards turning China into a big power.
Wed, Jul 07, 2021
Why privatising public assets is poor economics, impetus to greater wealth inequality
The only difference between a fiscal deficit and selling public assets lies in the nature of the government paper that is handed to the private sector, but the macroeconomic consequences of a fiscal deficit on the economy are no different from those of selling public assets.
Thu, Mar 25, 2021
Covid-19 crisis calls for universal delivery of food and cash transfers by the state
In these dire circumstances, it is essential for the state to directly provide the basic means of survival to anyone who needs it. This must be in both cash and kind.
Mon, Apr 27, 2020
If states consider an order to be against Constitution, they can’t be obliged to act upon it
Making unclear statements about state governments being duty-bound to implement CAA may be construed as showing disregard for people’s struggle.
Thu, Jan 23, 2020
For Gandhi, nationalism was based on understanding what was required for people to be free
He was not a socialist but, in common with the socialists, he believed that capitalism could never solve the problem of unemployment, and the mental dullness it produced.
Sat, Oct 05, 2019
More of the dismal same
The budget needed to break new ground, provide a thrust to a slowing economy. This budget lacks innovation.
Mon, Jul 08, 2019
The boundaries of welfare
Interim budget indicates that the government’s electoral strategy is to win over the ‘intermediate classes’ while ignoring the poor.
Mon, Feb 04, 2019
Missing the wood for the trees
Debate around RBI-government stand-off ignores the structural cause behind India’s economic woes: Interest rates as an instrument cannot achieve multiple, contradictory goals.
Tue, Nov 06, 2018
The equilibrium mirage
Government must intervene to control the slide of the rupee, stem its inflationary consequences.
Tue, Sep 25, 2018
Wisdom, For The People
Ashok Mitra’s achievements in both academia and public life made him exceptional
Wed, May 02, 2018
In the wake of Tripura
The Left is being pushed to the margins. It must mobilise secular, democratic elements to fight Hindutva forces
Tue, Mar 06, 2018
Site of Struggle
Accessible and lucid, Rajeev Dhavan’s book argues that the content of the Constitution is the product of multiple contestations
Sat, Feb 17, 2018
Salt to the wound
Government could have undone the damage of demonetisation through the budget. The opportunity has been missed in deference to the whims of global finance.
Thu, Feb 09, 2017Why the Left matters
An electoral setback for the Left is a setback for the democratic revolution.
Thu, Mar 17, 2011
Colonialism, Neo-liberalism, and the Prime Minister
Why should one concern oneself with what Prime Minister Manmohan Singh had to say at Oxford when receiving an honorary D.Litt? Not just beca...
Mon, Jul 18, 2005It was not an objection to ‘foreigners’, simply a cry for freedom
Two basic considerations underlay the opposition to having representatives of the World Bank, and the ADB in the now dissolved committees of...
Sat, Oct 02, 2004