Oratory is important in todays time. Narendra Modi gave a new term ‘andolanjeevi’ to his supporters which was countered by activists vehemently. Modi’s speech was nothing but addressed to his audience and now that includes corporate bosses too as he categorically said that ‘private’ is important for ‘nation building’. The second most important speech which was highly impressive and exposed[Read More...]
In a globalized world market the monopoly houses are growing in a manner that they could control the democratic state apparatus in the countries of their headquarters like never before. When the right wing parties come to power with the full support of monopoly houses there is a contract between monopoly houses and the party that their market reach must[Read More...]
The world’s 10 richest billionaires have collectively seen their wealth increase by $540bn over this period. In September 2020, Jeff Bezos could have paid all 876,000 Amazon employees a $105,000 bonus and still be as wealthy as he was before COVID.
According to a new report by Oxfam, ‘The Inequality Virus’, the wealth of the world’s billionaires increased by $3.9tn (trillion) between 18 March and 31 December 2020. Their total wealth now stands at $11.95tn. The world’s 10 richest billionaires have collectively seen their wealth increase by $540bn over this period. In September 2020, Jeff Bezos could have paid all 876,000[Read More...]
The tug-of-war between Indian farmers and government over new laws facilitating corporate takeover of the country’s agriculture is getting uglier by the hour and likely to get quite bloody too. And when the blood does flow, it will not only be the hands of Indian corporates that will be drenched in red but also those of global investors backing them.[Read More...]
These days, even if you don’t read online journals, or thick books not asssigned by universities, Google is enough to tell you how messy the Indian economic and social situation is. Earnings are low. Unemployment has reached new heights especially among the young and, with the adoption of automation and privatization, this will only worsen.
