capitalism

Lesser Evil Politics Assure Greater Evil Economics

A new American president is presenting a program for renewal of human values in the marketplace unheard of since the 1930s but still projecting American military domination and environmental destruction far beyond the awareness of most Americans. Continued insistence that Russia and China are major global threats to everyone and not just American monopoly capitalists […]

Forget Wars on Covid and Terror: War on Climate Collapse Is the Only War of Necessity for Human Survival

Mythology of humans’ natural impulse for empathy Warfare has been a plague haunting the human species ever since our evolution to become Homo Sapiens, finally, around 300,000 years ago in Africa. Etymologically, homo means human and sapiens means wise or knowledgeable. One can see that in this 18th century anthropocentric characterization of our species, the […]

Covid End of US Empire?

The United States is facing perfect storm conditions for the grueling continuation of the Covid-19 pandemic. The long-term economic impact could hasten the end of its global power as we know it. Infections, hospitalizations and deaths are on the rise again – as they are in other capitalist states. But the outlook for the U.S. […]
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Greed and Consumption: Why the World is Burning

Rome is scorching hot. This beautiful city is becoming unbearable for other reasons, too. Though every corner of the beaming metropolis is a monument to historical grandeur, from the Colosseum in Rione Monti to the Basilica of Saint John Lateran in San Giovanni, it is now struggling under the weight of its own contradictions. In […]
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GPI vs. GDP

U.S House Representative Ilhan Omar (D-MN) recently introduced a bill in Congress to overhaul GDP, the nation’s most watched economic indicator. July 30th she introduced the Genuine Progress Indicator (“GPI”) Act. It would be a significant change for the trajectory of the socio-economic system. GPI is a new way to calculate GDP, but passage of […]
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Modern Monetary Theory and Anti-capitalist Strategies

The pandemic-induced disruption of the global economy of neoliberal capitalism has strengthened the appeal of Modern Monetary Theory (MMT). The fundamental idea of this policy prescription is that state spending, a national budget deficit, can be used to combat recession. Raising overall demand in a given country will facilitate a recovery insofar as there is […]

Conceptualizing the Counter-Revolution in the Seventy-Fifth Year of Independence

[‘Parapolitics’ began on 16 January 2020 as a weekly column at the height of the anti-CAA movement. After eight weeks, it was made into a fortnightly column and now, eighteen months and 44 posts later,  as I get involved with a study of Marxisms in the ‘Global South’, beginning with this post, this column will … Continue reading Conceptualizing the Counter-Revolution in the Seventy-Fifth Year of Independence →

resisting the papa state? E Bull jet brothers or hadiya?

In the recent controversy over the arrest of the travel vloggers Ebin and Libin who rode high on popularity with lakhs of subscribers through their Youtube channel E Bull Jet, it is very hard not to side with the two young men. The flamboyant pair whose hugely popular travel — or ‘van life’ — videos … Continue reading resisting the papa state? E Bull jet brothers or hadiya? →

The Subjugated Subjects of a Free Country and The Creation of the New Colony: Dipankar Bhattacharya

Guest post by DIPANKAR BHATTACHARYA This piece was originally published in Bangla in the Ananda Bazar Patrika and has been translated into English by Arundhati Ghosh “Freedom – you are a room in the garden, the song of the koel, the sun drenched leaves of the old banyan tree, the page of my book of … Continue reading The Subjugated Subjects of a Free Country and The Creation of the New Colony: Dipankar Bhattacharya →

When public good faces a faith hurdle

Moderation and acceptance are parts of a continuous struggle to ensure that democracy does not get subsumed by majoritarianism. ‘The sublime and the ridiculous are often so nearly related that it is difficult to class them separately. One step above the sublime makes the ridiculous, and one step above the ridiculous makes the sublime again.’ … Continue reading When public good faces a faith hurdle →