Adam Smith is often referred to as the ‘father of capitalism’. He probably wouldn’t think of health being bought and sold daily under the supervision of the ‘invisible hand&rsq...

This explains the rather enthusiastic endorsement by Scott of Avon, a global cosmetics company, that relies on person-to-person or door-to-door sales by its individual franchisees that has apparently ...

Economic recovery from the pandemic is bound to be different in different countries. It would depend upon the structure of the economy and the product mix that comprises the gross domestic product. Th...

Is Capitalism Obsolete? A Journey through Alternative Economic SystemsBy Giacomo CorneoWhat is wrong with capitalism is fairly discernible. The inequities that it has created and nurtured are morally ...

It’s fairly obvious to almost everyone now that global capitalism as a system has run out of steam, that it has created unequal societies with unjust outcomes that are increasingly also seen as unac...

The concept of nationalism that informed India’s anti-colonial struggle was a unique and unprecedented idea. There were at least three ways in which it was the very opposite of the concept of nation...

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The terms, ‘Left’ and ‘Right’ first came to be used in their modern sense in the wake of the French Revolution to refer to the seating arrangements of the members on either side of the main ai...

I received two messages which arrived almost simultaneously, fairly early in the morning, about a fortnight ago: the first, written on a postcard, had been posted from Addis Ababa by a globetrotting f...

With the parliamentary elections coming up, slanging matches among political parties have become more intense and strident. The quality of discussions amongst politicians and media houses, especially ...