Tag: economics

Govt buried key information in footnotes, understated external debt by Rs 2 lakh crore, says Auditor General 

Audit body found several other irregularities in govt’s accounts for FY22, including cess collections lying unused or misused, and expenditure being placed under opaque headings. SAMPURNA PANIGRAHI New Delhi: The Government of India understated its external debt by as much as Rs 2 lakh crore in fiscal 2021-2022 — running afoul of its own laws —… Read More Govt buried key information in footnotes, understated external debt by Rs 2 lakh crore, says Auditor General 

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Arms maker BAE Systems makes record profit amid Ukraine and Israel-Gaza wars

Increased military spending prompted by Russia’s war on Ukraine and the Israel-Gaza conflict helped the British weapons manufacturer BAE Systems to record profits last year, with further growth expected in the year ahead. The FTSE 100 company made underlying profits before interest and tax of £2.7bn on record sales of £25.3bn in 2023. Shares in weapons manufacturers… Read More Arms maker BAE Systems makes record profit amid Ukraine and Israel-Gaza wars

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‘Self-empowerment and lots of spending’: our frustrating slide into Stanley cup feminism

Arwa Mahdawi While liberal feminism (which is also often termed white feminism or corporate feminism or lean-in feminism) did fall out of favour for a bit, it feels like it’s trying very hard to make a comeback. It’s not just Barbie and Stanley cups; it shows up in the way multiple media outlets are currently… Read More ‘Self-empowerment and lots of spending’: our frustrating slide into Stanley cup feminism

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Kojin Karatani’s theorising on modes of exchange and the ring of Capital-Nation-State

A short overview of Kojin Karatani’s Marxist influenced focus on modes of exchange as revealing the Borromean ring of Capital-Nation-State, and the import of this ring for religion. By Martin Shuster Kojin Karatani is one of the most interesting Marxist theorists of the last century. I put his work, as a form of “non-traditional” Marxism, in the… Read More Kojin Karatani’s theorising on modes of exchange and the ring of Capital-Nation-State

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The Fractured Trajectory of Scientific Management and the Rationalization of Labor

By Judi Auderset (Referenced in Adam Tooze, Chartbook, June 12, 2023) Abstract: Scientific management and work rationalization are usually associated with the rise of industrial capitalism and factory labor. This narrow perspective, however, obscures the rural and agricultural spaces in which practices of labor management and work rationalization were important throughout the 19th and 20th… Read More The Fractured Trajectory of Scientific Management and the Rationalization of Labor

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‘Wiping Gaza Off The Map’: Big Money Agenda. Confiscating Palestine’s Maritime Natural Gas Reserves

MICHEL CHOSSUDOVSKY As outlined by Felicity Arbuthnot with foresight 10 years ago in a December, 30 2013 article:  “Israel is set to become a major exporter of gas and some oil, “If All Goes to Plan.”” In the current context, Israel’s “All Goes to Plan” option consists in bypassing Palestine and “Wiping Gaza off the Map,” as well confiscating ALL Gaza’s maritime offshore gas reserves, worth billions… Read More ‘Wiping Gaza Off The Map’: Big Money Agenda. Confiscating Palestine’s Maritime Natural Gas Reserves

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Algorithms of Exclusion

Reporters Collective A I series Haryana used the state’s Family ID database and algorithms to identify genuine beneficiaries of welfare schemes. The database wrongly listed thousands of citizens as dead. Result: They lost their pensions. The Collective’s Tapasya travelled to Haryana to understand how states are using artificial intelligence in an unintelligent way, at a… Read More Algorithms of Exclusion

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Conversations with a textile worker in Surat / सूरत में एक कपड़ा मजदूर से बातचीत

Tiruppur in Tamil Nadu and Surat in Gujarat are the preeminent textile clusters in India. In Surat there are two million workers in fifty thousand textile manufacturing units. Surat is a hub for synthetic fibres, especially sarees. At ease conversations on 27 and 28 December 2023 with a printing & dyeing factory worker in an… Read More Conversations with a textile worker in Surat / सूरत में एक कपड़ा मजदूर से बातचीत

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