Tag : world inequality report

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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 […]

PM’s rare speech on the Economy: A scrutiny of what was said

Prime Minister Narendra Modi, while inaugurating the 3rd annual meeting of the Asian Infrastructure Investment Bank in Mumbai on June 26, gave a rare speech on the state of Indian economy in recent times. GroundXero takes this opportunity to critically examine the PM’s speech, and in the process take stock of the economic situation we […]