Over a century ago, the Marxist revolutionary, Rosa Luxemburg, had argued that the capitalist economy needed “outside” markets to keep its growth going; and she had seen pre-ca...
We live under Fast Capitalism, which is profoundly transforming our sense of waiting. A 24x7 consumer economy and click-and-order services mean that we need our goods, food, cabs, and services in or b...
Farmers’ unions called for a jubilant end to their peaceful protest. The battle had been won even before the farm laws were repealed. This is because the protest had forged social solidarity bet...
With the neo-liberal regime ushering in the development of a no-holds-barred capitalism in India, one might have expected the main antagonistic classes under this mode of production — the capita...
The opening lines of a popular song by Tears for Fears go like this: “Shout! Shout! Let it all out!/ These are the things I can do without!” This raucous, elemental voicing of protest in &...
Karl Marx continues to be debated for his critique of capitalism. One of his important critiques, alongside that of growing inequalities under capitalism, was of the growing sense of alienation. His e...
Rumour has it that not only has the sloth made it to the Chinese calendar, but that it could also be given pride of place by that nation’s millennials. Synonymous with one of the seven deadly si...
In political conversations, wealth creation is conflated with wealth accumulation, preservation and aggrandizement. They are not the same; all of the above are not virtues either. Most wealth accumula...
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 ...