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Decoding India's Economy | With Prof Prabhat Patnaik 

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Things seem rather bleak when we look at the state of the economy in India and across the world today. However, is there a glimmer of hope? In this in-depth conversation, Prof. Prabhat Patnaik and Aunindyo Chakravarty talk about the history of the Indian economy and how strike actions across the world and the coming together of farmers and workers in India today are signs that change is on the horizon. Slowly but eventually neoliberalism will be defeated by the power of the people.
#IndianEconomy #IndianFarmers #Neoliberalism
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Опубликовано:

 

13 фев 2023

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Комментарии : 63   
@charantk
@charantk Год назад
I’m sure none of the present Indian right wing will understand so deeply about the history of the economics and the present crisis and its solutions
@sagarsaxena6318
@sagarsaxena6318 Год назад
yes coz the country is running by itself.
@mrsarkar6933
@mrsarkar6933 Год назад
Great discussion
@chandrikaroy1060
@chandrikaroy1060 Год назад
Very good discussion. Thanks News Click I want to see some more videos on this topic.
@shushunk00
@shushunk00 Год назад
could u please explain 1) what r the material reason for a "crisis" in India's economy BEFORE the early ,mid 1970s when indira regime "had to" take loans and adopted a little bit of international right wing economic policies(i know it's not to the extent of 1980s ,90s) ? 2) why then after that little bit of "relaxation" of the market( in a capitalistic sense) in the 70s as u have shown in the graph that the share of the nation's wealth where the 1 % had only 6 percent of it until 1981 , why the rich had such lower % if the market was in the process of stepping in to neo liberalization moving state capitalism,nehruivian socialism? 3) what is the material difference and impact it had on working class and the capitalist in india and the petite bougeois(which in this video u calling them "middle class") in 1980s liberalisation/"adjustment in the market" by advice foreign western agencies/insitutions VS 1990s era of neo liberalisation in india?
@iiigraghu
@iiigraghu 19 дней назад
Excellent Presentation
@subodhgautam649
@subodhgautam649 8 месяцев назад
Wonderful...talk..pattnaik sir has wealth of knowledge
@adv.ashokagarwal2454
@adv.ashokagarwal2454 Год назад
Great pleasure
@YogeshKrNegi
@YogeshKrNegi Год назад
Thank you NewsClick for having invited Prof Prabhat Patnaik for this discussion.
@maxrizwan1610
@maxrizwan1610 Год назад
This answers lot many question of current debate of FED resolving the inflation through interest rate hike. It also helps to understand the dynamic in which we are facing shifts in income structure and what can be the outcome from that for future changes. Thankyou for wonderful discussion. Watched full length !
@megakeenbeen
@megakeenbeen Год назад
Top 1% Indians today own 40% wealth, per Oxfam.
@luisortunosantanacabrera1001
Its abt 73% IG
@megakeenbeen
@megakeenbeen Год назад
@@luisortunosantanacabrera1001 That's top 10% who own 73%. And top 5% own 63%. So, even at the top there's heavy inequality.
@luisortunosantanacabrera1001
@@megakeenbeen yeah thats the gist of the story.
@megakeenbeen
@megakeenbeen Год назад
@Gaurav Singh it's not hard work. It's theft.
@saturngenesis1306
@saturngenesis1306 Год назад
@@megakeenbeen Theft, how?
@jaguargun4547
@jaguargun4547 Год назад
India was NEVER a socialist country! Socialism is providing basic services and resources to all its citizens not just the wealthy. India has never provided health care education food electricity clean water fair judicial system. India from 1960-1990 was run for the benefit of one family and the criminals around them. India even today, especially northern Ganges river belt rivals sub Saharan Africa for human development.
@luisortunosantanacabrera1001
1000% true India never had the material conditions for socialism BUT Nehru strived to create one
@indranilchattopadhyay9470
@indranilchattopadhyay9470 25 дней назад
Socialism is beyond that. It is a new social system. Even Soviet Union was not a socialist state. You cannot build a socialist nation in a country inside a sea of capitalism.
@thesuvas
@thesuvas 10 месяцев назад
It is good channel
@berryberrybear2395
@berryberrybear2395 Год назад
Great talk , so insightful
@sudiptomukherjee8862
@sudiptomukherjee8862 4 месяца назад
Great discussion.
@shyamnarayantiwari4336
@shyamnarayantiwari4336 Год назад
Very good conversation, but it should be in hindi.... so general people of UP and bihaar could understand
@rahulsharan213
@rahulsharan213 Год назад
Great talk but the host should have been more articulate while questioning and should have allowed Professor Pattnaik to speak more instead of always adding his own opinions to each topic
@AlpayBeler
@AlpayBeler 11 месяцев назад
Yeah, that was extremely annoying.
@subodhgautam649
@subodhgautam649 8 месяцев назад
👌👌👌🙏👏
@iicddesigner
@iicddesigner Год назад
Voice is too low. Quite difficult to hear this worthful conversation.
@RitamRoy_
@RitamRoy_ 11 месяцев назад
People devoid of logic are going against him in the comment section, for they don't have the merit to argue with him. It's easy to understand why the capitalists are trying to subside the discussion labelling it as bogus.
@VijayPawar-sz6gq
@VijayPawar-sz6gq Год назад
Absolutely Brilliant Discussion Reminded me of Professor Arun Kumar Unemployment to control inflation, Churchils defeat and imf intervention were enlightening points Thanks for gracing us wid such Brilliant individual on ur show...
@roredd7493
@roredd7493 Год назад
hahaha...dreaming about labour action and wage growth in an overpopulated country when automation is going to take away more and more jobs.
@troki8605
@troki8605 Год назад
They keep on talking about socialism, where are they going to get the money for that.?
@TheGrimStoic
@TheGrimStoic Год назад
from the same hole they get their snuff powder from - jab hona hi nahin to phenkne mein kya harz hai
@ad0906013
@ad0906013 Год назад
Sometimes, I feel as if this channel is the far left on steroids.
@shushunk00
@shushunk00 Год назад
left is to want socialism as ameans of production,if not then its not left ,its right wing with leftist aesthetics on some economic issues,fully in social issues there is no far left or mild left
@abhaswasnik7337
@abhaswasnik7337 Год назад
It is. They never discarded their political leanings.
@luisortunosantanacabrera1001
Still in the orange scums??
@TheGrimStoic
@TheGrimStoic Год назад
What do you mean sometimes - gajab beijjati hai meme
@iotasymbol8498
@iotasymbol8498 Год назад
😂😂😂😂 socialist crying on RU-vid now with small viewer who are also abusing them😂😂😂
@Harsh-rf9k
@Harsh-rf9k Год назад
Hindutva forces in the first 2 minutes. Lol, how come hindutva came in an economics debate. Isn't this enough to say this guy is biased. I am open about listening to different opinions of our economic policies but I can't do that now.
@sancharipal8449
@sancharipal8449 Год назад
had you studied a bit about the relationship between fascism and neoliberal economics you wouldn't have been so surprised. but as aunindyo says at the very first, you are uneducated.
@Harsh-rf9k
@Harsh-rf9k Год назад
@@sancharipal8449fascism lol You people don't even know what is fascism If you don't like people in power that is not fascism. Neoliberalism has its own flaws but much better than already proved failure ideologies
@diamond_dew
@diamond_dew Год назад
Everyone is biased .. Some are more direct about it
@rubinmathias7555
@rubinmathias7555 Год назад
Lol fascism is the viral reaction of capitalism that's why
@abhaswasnik7337
@abhaswasnik7337 Год назад
Economics doesn't exist in a single sphere na, a lot of social factors do contribute to the economy and the communal Hindu angle does contribute to the current econmy. There is nothing as "zero bias", please grow up.
@DipakBose-bq1vv
@DipakBose-bq1vv 20 дней назад
He does not know any economics.
@gourabghosh6071
@gourabghosh6071 Год назад
Thank God Modi Kicked out these socialist into dustbin.
@luisortunosantanacabrera1001
Thank God India will be a future US colony until China intervenes.
@parusahu6961
@parusahu6961 Год назад
@@luisortunosantanacabrera1001 socialist cancer this program is running in a capitalist product you tube.
@TheGrimStoic
@TheGrimStoic Год назад
don't underestimate them - lula got elected in brazil due no small part to indian comrades embedded in his campaign. Whoever is driven by hatred is always dangerous - be it ISIS or Urban Naxals
@RitamRoy_
@RitamRoy_ 11 месяцев назад
And helped Adani increase his wealth from $6.5 billion to $223 billion while the poor are still poor. You don't need to support socialism. At least understand what is beneficial to a larger section of people instead of being beneficial to only a handful of people who control us. 😂
@-bigChungusVerified
@-bigChungusVerified 7 месяцев назад
@@RitamRoy_ Adani serves the poor by giving cheap net and you guys use that to disregard your papa Adani 😂😂
@rohitchatterjee3513
@rohitchatterjee3513 Год назад
Absolute bogus!
@luisortunosantanacabrera1001
Just like the existence of India as a developing and ethical society???
@parusahu6961
@parusahu6961 Год назад
@@luisortunosantanacabrera1001 want socialism in developing nation then go to North Korea.
@TheGrimStoic
@TheGrimStoic Год назад
@@luisortunosantanacabrera1001 no - like existance of china as the best example of democracy, ustice and human rights
@luisortunosantanacabrera1001
​@@TheGrimStoic A society that has lifted and is lifting millions of people from poverty and selection in higher posts via meritocracy in individual fields is not democracy right? A society where the govt doesn't spare billionaires even when they commit crimes A society almost free of racism HOOMAN RAAEETS Term developed by USA to attack small countries so it has much lost its significance
@luisortunosantanacabrera1001
In short Democracy is good👍👍👍 Indian version of democracy is cesspit,outdated
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