The economic unconscious

by Sanjay Perera Woman, eternally, /shows us the way. — Faust, Goethe Supposing truth is a woman — what then? — Beyond good and evil, Nietzsche A. Introduction It may still seem novel to some that what they have been … Continue reading The economic unconscious

India and the politics of ‘corruption’

by Anjan Chakrabarti & Anup Dhar Politics begins where the masses are, not where there are thousands, but where there are millions, that is where serious politics begins. — Lenin Think of all the people in Tagore’s Red Oleander, residing perhaps in post-independent India –– who did not have names and were identified as mere numbers, 21F, 79D, 84M, etc. — forming their own party with the assistance of Nandini, the female rebel protagonist (Ranjan — the other rebel protagonist had already been killed by the King) and challenging the King, the Gosain (clergy), the Adhyapak (professor) and a host … Continue reading India and the politics of ‘corruption’

Class and need: Social surplus and Marxian theorization of development

by Anjan Chakrabarti We know that there have been two paths of development, paths that are not always considered complementary to one another. The first and still the dominant path would contemplate economic growth as the basic indicator of capturing the increase in standard of living (either measured as GDP per capita or GDP per worker) which represents development of a nation or region; thus poor and rich countries are differentiated in terms of, say, the level of GDP per capita and resultantly, the path to development of poor countries lie in expanding the latter as fast as possible. High … Continue reading Class and need: Social surplus and Marxian theorization of development

The planetary emergency

by John Bellamy Foster and Brett Clark Capitalism today is caught in a seemingly endless crisis, with economic stagnation and upheaval circling the globe.1 But while the world has been fixated on the economic problem, global environmental conditions have been rapidly worsening, confronting humanity with its ultimate crisis: one of long-term survival. The common source of both of these crises resides in the process of capital accumulation. Likewise the common solution is to be sought in a “revolutionary reconstitution of society at large,” going beyond the regime of capital.2 It is still possible for humanity to avert what economist Robert … Continue reading The planetary emergency

The economy of violence: Waste, expenditure and surplus

by Sanjay Perera
We are living in a time when the world is seeing the full effects of the economic violence of capitalism on all life forms and the planet itself. The violent process of capitalism is one of extraction and exploitation as it operates in a framework of polarity that exacerbates the difference between taking and giving, storing and sharing, and the separation between the ‘haves’ and ‘have-nots’. Continue reading The economy of violence: Waste, expenditure and surplus

Neoliberal terror and the age of disposability

by Henry A. Giroux The winners in the disposable society circulate close to the top of the power pyramid… Those who can’t afford to be on the move stand little chance…Market freedom means few people have a hold on the present and that everyone is expendable.  — Zygmunt Bauman In the aftermath of Hurricane Katrina, shocking images of dead bodies floating in the flood waters of New Orleans appeared on national TV against a sound track of desperate cries for help by thousands of poor, black, brown, elderly and sick people. These disturbing pictures revealed a vulnerable and destitute segment … Continue reading Neoliberal terror and the age of disposability