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Capitalism needs the ‘Great Reset’ button. Covid-19 is showing the way

We can emerge from this crisis a better world, if we act quickly and jointly, writes founder of World Economic Forum Professor Klaus Schwab.
Attendees at World Economic Forum meet in Davos | Jason Alden/Bloomberg

Davos seeks a better and more sustainable world but who’s going to pay for it

The scale of problems contemplated at Davos will require drastic interventions and costs for these will have to be borne by shareholders, corporates & pension funds.
Balraj Sahni | Commons

When my father Balraj Sahni showed the ills of capitalism to me in Kashmir

Whatever happened, sooner or later Balraj Sahni would return to Marx and Engels and the example of the Soviet Union. That was his answer to every social ill.
2020 Democratic Presidential Candidates

American politics is taking a radical new turn. Socialism is no longer a dirty word

American dream is fading with jobs being shifted to Shanghai and Bengaluru, factories shutting down and “outsourcing” raising corporate profits but lowering American wages.
Calendars and statues of the Buddha and BR Ambedkar at a shop | Commons

Why neo-liberal capitalism failed Dalit enterprise

This new image of Dalit capitalists is a creation of the dominant castes to diffuse the potential risk of Dalit rebellion against capitalism.
modi cabinet

Modi needs to save Indian capitalism before it goes down Latin American path

Whether India realises its growth potential or gets stuck in a middle-income trap depends on saving ‘capitalism from the capitalists’.
Indian children work at a construction project in New Delhi, India | Daniel Berehulak/Getty Images

Indian elites holding back wealth tied in slums. And here’s what Modi govt can do

Elites view encroachers as disruptors of property rights system, and oppose regularisation. But that’s what India needs to free up capital held in slums.
File image of C. Rajagopalachari | Twitter

60 years ago, a Right liberal Swatantra Party had challenged Nehru’s socialist Raj

It was a sign of Swatantra Party's political acumen that many of its policies would be adopted by Narasimha Rao 17 years after its demise in 1974.
A plane flies over Mumbai slums | Dhiraj Singh/Bloomberg

Missing capital: India’s trillions-dollar wealth is chained in slums. Time to unlock it

The slums and shanties represent a huge drain on our wealth for what really requires nothing more than a clear-headed policy towards urban property.
Pedestrians pass in front of the Nasdaq MarketSite in the Times Square neighborhood of New York, US (representational image) | Michael Nagle/Bloomberg

Capitalism needs reform, not the risk of revolution

Critics haven't done a good job in defining capitalism in the rush to bash it.

On Camera

BJP leader Wasim Bari | @DrJitendraSingh | Twitter

Why BJP and RSS workers are the new targets of militants in Kashmir

The murder of BJP leader Wasim Bari in Bandipora is another reminder that we must be steadfast in our resolve to completely erase militancy from Kashmir.
A man outside Yes Bank branch in New Delhi | Manisha Mondal | ThePrint

Yes Bank to raise $2 billion in share sale to raise capital

The share offering will be from 15 to 17 July, according to a stock exchange filing. Shares of Yes Bank climbed as much as 5.6% on Thursday morning.

Defence

Representational image. A file photo of an Indian Air Force Cheetah helicopter. | Photo: Commons

Armed forces to limit flying Cheetah choppers as Covid hits spares production at HAL

HAL has reduced spare production for the ageing Cheetahs, and it has been communicated to the forces that the shortage is expected to last around 3 months.
Central Reserve Police Force (CRPF) men in Maharashtra | ANI

Read my lips, forget the camera

Say Central forces' angry soldiers. They need reform, committed leaders. And very sensitive handling.