Historically, MNCs have had high profit margins arising from quasi-monopolies in technology and finance, and political influence translating into protectionism. In the US, trade unions fought for a bigger share of the surpluses, and obtained the highest wages in the […]

Historically, MNCs have had high profit margins arising from quasi-monopolies in technology and finance, and political influence translating into protectionism. In the US, trade unions fought for a bigger share of the surpluses, and obtained the highest wages in the

The leftist critics are right when they say India\’s record GDP grow-th is bypassing rural millions. This tragedy arises from massive government failure to provide decent education and infrastructure to every village despite 60 years of gargantuan but wasteful spending.

With the US finally climbing onto the global warming bandwagon at last weeks G-8 meeting, India and China will come under pressure to curb their energy use and carbon emissions. China will overtake the US as the biggest carbon emitter

Dear Dr Singh, At the annual meeting of the Confederation of Indian Industry, you eloquently argued the case for corporations to go beyond their narrow financial interests, and embrace corporate social responsibility. You urged businessmen to avoid conspicuous consumption and

The Prime Minister says that if we do not check stark inequalities, we will face social upheaval and violence. Now, we should try and reduce inequalities on moral grounds alone. Why gild the lily by invoking a Marxist vision of

The Bahujan Samaj Party under Mayawati has won a remarkable absolute majority in the UP election. Such a big victory, against all predictions, merits loud applause. Yet some analysts are going ga-ga, finding virtues in the lady which are not