Chances are, you have read this already. If you haven’t, I would urge you to read this sharp piece by Andy Mukherjee. It’s an alarming tale, cautioning us of the monopoly India is poised to be heading towards. If privatisation has done any good, it has mostly done it for the capitalists, more recently in…… Continue reading The Ambani-Adani alliance in Indian business
Interesting new paper on the evolution of Indian capitalism that challenges the age-old trope of exceptionalism of the West and Asia’s fall. A little brief on the paper and full download can be found here,
“The Happiest Place on Earth” isn’t staying locked down any longer and it has spread the message far and wide with an ad campaign that is drawing mixed reactions. The visitors to the Walt Disney World in the ad face dozens of masked workers at the recreation center even as children dressed in Disney attire…… Continue reading How businesses are innovating during Covid-19
The poor, the young and the women – they are the worst affected when it comes to assessing the impact of remote work, this new IMF paper suggests. Overall, workers in food and accommodation, and wholesale and retail trade, are the hardest hit for having the least “teleworkable” jobs at all. That means more than…… Continue reading Who is WFH really hurting?
Let me tell you simple things. Covid 19 quarantine is helping me get this straight and simple: I like capital and those who aid capitalism. So this bothers me when capitalism is blamed for the mess we are in. This world is complex and I am someone who believes the right set of institutions hold…… Continue reading Notes on Capitalism during Covid times
Economics professors Arjun Jayadev and Branko Milanovic have collaborated on a video lecture series on Inequality – the five vidoes, free to watch, clearly and succinctly explain what Inequality is all about, why you should care and other fundamentals you have been wondering about for long. It’s cut-the-clutter stuff that you shouldn’t miss. Watch here:…… Continue reading Video lecture series on Inequality
For a budding economic historian, reading Dietmar Rothermund’s work on India can be an illuminating experience, given that apart from the works of Indian scholars on Indian economic history, Rothermund’s books provide a refreshing view of history. But what can be really special about this veteran historian is his extremely warm demeanour even to those…… Continue reading Happy birthday to Dietmar Rothermund!
Second Richest Man Spouts Nonsense https://www.econlib.org/second-richest-man-spouts-nonsense/
I covered Dalit capitalism for Mint in its early days when DICCI as a chamber of commerce for the Dalit community had just come up. My boss at Mint, who is an economist, always felt proud of my work, especially on Dalit capitalism. Today, I spoke to Milind Kamble, founder and chairman of DICCI, in…… Continue reading Dalit Capitalism
This very interesting interview with Alpa Shah is a must-read for anyone aspiring to write narrative non-fiction. Shah, a professor of anthropology at my alma mater London School of Economics, speaks beautifully and honestly about her writing process while working on ‘Nightmarch’ and has great messages for both academics as well as writers of the…… Continue reading ‘Good research is vital’
Two reports in the last couple of days underline the impact of movements and decisions in global trade. This NYT report focusses on the impact on the $25 billion garbage industry in India. The crash in the industry is the result of China’s surprise cut in garbage imports last year. China buys most of the…… Continue reading India’s Garbage and Cycle Industries Are Facing The Heat, Thanks To China
So, what are we going to do when we fix our GDP numbers back home? May be, join the global efforts on finding means to measure happiness, because number-driven GDP is already being punched for being an ineffective tool.
Capitalism Didn’t Invent “Keeping Up with the Joneses” https://mises.org/node/47286 — Read on mises.org/node/47286 Absolutely interesting piece. This one breaks the myth about capitalism making people materialistic. It’s all about creating more choices and opportunities. What you pick remains your sole decision. Don’t blame capitalism for it.
Alpa Shah’s book is an insightful exploration of conflict and its origins, and how the understanding of both eludes politics and policies for tribals in India.
The government has begun discussions with Dalit entrepreneurs on what can be done to promote business ventures set up by members of their community. As a part of its discussions with various groups before it finalizes the 12th Plan for 2012-17, the Planning Commission has sought suggestions from the Dalit Indian Chamber of Commerce and…… Continue reading Plan panel mulls ways to spur Dalit capitalism
Bhopal: It was probably the label that deterred shoppers in London from grabbing a free bottle of water being distributed one summer afternoon this year. B’eau Pal’s water was deceptively clear even though it came from a slum colony hand pump in Atal Ayub Nagar, Bhopal. Its bold red label told the real story, the…… Continue reading From Bhopal to London, quest for justice travels in a bottle
Olhanpur, Bihar: Until about three years ago, Nizamuddin Ansari, 65, a retired head clerk from the Indian Railways mail service, spent most of his days on the verandah at home. The monotony of watching over his courtyard as the women of his family went about their household chores would be broken by the occasional visitor…… Continue reading Bharti’s cellular theory of growth
Raghopur, Bihar: At 3am, a newspaper van from Searchlite Printing Press in Patna sets out in the dark with bundles of Hindustan, the best-selling Hindi daily in Bihar (Hindustan is published by HT Media Ltd, which also publishes Mint). It makes its way through a narrow, straight road to Khushrupur, around 40km away, every day.…… Continue reading Reading Hindustan in Bihar