Tag : crony capitalism

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#2018: The Year of Unprecedented Inequalities

The “spontaneous” tendency of capitalism to produce “wealth at one pole and poverty at another” has been accelerated with a vengeance under neo-liberal capitalism. Post-reform India, since 1990s, is a classic example of this phenomenon. But under the Narendra Modi regime, inequality in India has reached obnoxious levels. 2018 saw historic levels of inequality in […]


#2018: Workers prepare for Difficult Battles ahead…

Narendra Modi had promised the country’s workforce one crore jobs a year through “Make in India”, etc. But the self-proclaimed ‘Mazdoor No.1’, after occupying the throne, promptly pushed on the gears of neo-liberal crony capitalist extraction that was initiated by his predecessor Manmohan Singh. 2018, being the final year before the next General Elections, had […]


Deepening Crisis of Olanomics: “The Dream Has Failed”

Few days back, Kolkata Uber and Ola drivers and operators withdrew their vehicles in the middle of the peak holiday season, protesting against severe financial crisis caused due to the predatory business policies of these companies. Many cab drivers burst into spontaneous militant protests across various parts of the city, preventing other cabs from operating. […]


Fadnavis Government’s use of UAPA to crush the Reliance workers’ movement

A wave of repression has been unleashed on trade union movement through the use of laws like UAPA. In December 2017, Mazdoor Sangathan Samiti (MSS), a registered trade union, which has been working among thousands of tribal workers in Jharkhand, was banned without any satisfactory inquiry. MSS leaders Bachcha Singh, Deepak Kumar and activist Damodar […]


Ambanis, Crony Capitalism and Defence Deals

The Ambani family is one of the most powerful business dynasties of this country today, influencing key economic policy decisions of the Government, independent of which party has the majority in Lok Sabha. And their sway over the country is only going to increase manifold in the years to come, with the entire Defence sector […]