The State is Dead! Long live the State! At the turn of the century, many commentators from the right and left seemed united in their analysis that the state as an economic player was dead or at least no longer relevant. The combined pressures of globalisation, liberalisation and marketisation unleashed by the market-driven dogmas of Thatcherism and Reaganomics had massively expanded the private sector and concurrently downsized the public sector. Corporate power was in the ascendancy and many state-owned companies had become little more than second-rate government departments, and the underlying assumption was that, as the economy evolved, the government would close or sell them to private investors.
Susan George chairs the Transnational Institute in Amsterdam. She says the Trans Pacific Partnership Agreement could give powerful companies the right to challenge domestic laws which restrict their future profits.
A LEADING international political economist has warned that democracy is being damaged by the insidious creep of transnational corporations into government policy and their refusal to adopt country-by-country accounting practices, which have helped them avoid taxes.
Keynes, convinced of the power of ideas over that of “vested interests”, famously held that “Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.” Now there’s little doubt that the social life of ideas helps explain the astonishing persistence of ‘Thatcherism’.
The Human Development Report 2013 highlights the rise of the Global South as the main drivers of the world economy, but rapid economic growth does not always equate to improvements in human development as India's experience shows.
India’s neighbourhood is in great turmoil, but New Delhi seems unable to fashion a coherent, balanced, mature and self-confident response to it. In particular, India has dealt with Sri Lanka, Bangladesh, Maldives, Myanmar and Nepal in confused and indecisive, if not wholly inept, ways.
2011 witnessed the implementation of some of the most comprehensive undemocratic structural changes in the EU since the Lisbon Treaty. Alternative proposals for a progressive exit from the euro crisis are laid out here.
This paper examines global inequalities and the future of capitalism and socialism through an investigation of the oligarchic wealth on which the current global order is based and also looks at growing challenges to these social foundations of the present global system.
India should not use the Mazen-Beilin understandings of October 1995 as a base for foreign policy regarding the Israel - Palestine conflict. Any outline of parameters based on this document endorses brutality, illegality and voraciousness of colonial rule.
The language contained in agreements being negotiated by the EU through the WTO with their southern counterparts often deliberately diguises real political goals, obscuring the negative economic implications for those countries of the neoliberal agenda.