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Political Economy
| Winter 2010 | Vol:XII-4 | Whole #: 48 |
India: General Elections 2009 and the Neoliberal Consensus
Ravi Kumar
The General Elections 2009 have further entrenched the rule of neoliberal capital.[1] This entrenchment has happened due to certain factors, two discussed here in detail. These two factors include the distancing of the Left from working class politics towards electoralism, which resulted in absence of a long term mobilizational politics along class lines; and the role played by identity politics in the consolidation of the neoliberal regime.
| Winter 2010 | Vol:XI-4 | Whole #: 48 |
Why We Need a Global Green New Deal
Ashley Dawson
The United States, and with it the rest of the world, is experiencing the initial stages of an unprecedented emergency brought on by three intertwined factors: a credit-fueled financial crisis, gyrating energy prices linked to speculation about the future peaking of oil supplies, and an accelerating climate crisis.
| Summer 2009 | Vol:XII-3 | Whole #: 47 |
China: End of a Model…Or the Birth of a New One?
Au Loong Yu
CHINA’S THIRTY YEARS OF NEARLY UNINTERRUPTED HIGH GROWTH has encountered great challenge as the global economic crisis has hit China’s export hard. Since China’s trade as a percentage of GDP is as high as 70 percent, the export-led growth mode has practically ended. The Chinese Communist Party (CCP) is aware of this. Back in April, 2008 President Hu Jintao spoke of the need to change the mode of development from export-led growth to domestic-led growth by expanding domestic demand. In November the 4 trillion RMB (rinminbi, “people’s currency”) of rescue package followed.
| Winter 2009 | Vol:XII-2 | Whole #: 46 |