A spectre is haunting the West — the spectre of crisis! It is apparent where the line is borrowed from. Is the situation so as well? Let us take a …
Author: Basudev Nag Chowdhury
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The Crucified Part of Marx’s Economic Doctrine
(Translation by Soumya Saheen and Jayarshi Bhattacharya from original Bengali version published in Jabardakhal on May 5, 2020) It has been a colloquial since the last century to talk about …
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Emptiness of the current anti-fascist alliance in India
The Modi-government’s activities in India have already been identified by the political sphere as the rise of fascism. Naturally, the question of forming an anti-fascist alliance has come up with …
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Chapter 03. Impact of ‘temporal mode of production’ on GDP and Inflation: Transportation of Inflation
Neoliberalism: No reformist solution to its crisis Chapter 03. Impact of ‘temporal mode of production’ on GDP and Inflation: Transportation of Inflation ‘Growth’ is a word that seems to be …
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Chapter 02. Neoliberalism: The Temporal Mode of Production
It will be shown in the current chapter of this series that the so-called ‘neoliberalism’ is not mere special policies; rather, it is a qualitatively new phase of capitalism emerged in the course of history. Politically, the nation states have observed a transition from the so-called ‘welfare’ to the ‘neoliberal’ one on the basis of a fundamental change in the mode of capitalist production; and the very ‘policies’ are not mere choices of the governments but political compulsion of the bourgeois ‘state’ in this new episode. The aim of this chapter is particularly to elaborate the newly emerged mode of production that capitalism is presently exhibiting in the era of ‘neoliberalism’; and we term such new trend of economy as the ‘temporal mode of production’.
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Neoliberalism: No reformist solution to its crisis (Chapter I)
Introduction: Neoliberalism and its crisis Now-a-days, nations throughout the globe are exhibiting a panorama that even mainstream media and the spokespersons of the world economy are being incapable to shadow …
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The Empire of Large Capital
A ‘kolorob’ (uproar) can be heard from the entire country- “Investment!” — “What is the status of annual investment status?” — “The government has to be more investment friendly.” — …
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FRDI: The Balance of Payment of an Imported Crisis
One, by his choice, may oppose to the fact, but historically the great dictators got tyrannical not by their choices but by compulsions. They presented themselves as external superpower because …
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The Disorder is Not Bipolar: On Gujarat Election
The whole country was discerning at the results of Gujarat Assembly Election. A conception has been brought forth that, this result is a presage of the 2019 Parliament Election. Although, …
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A Workers’ Revolution Today?
Today, no-one in the rank and file of the empire of capitalism can claim that the global economic system will not collapse on the ‘day after tomorrow’. The case for …