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Atul Sood is an economist and Professor at the Centre for the Study of Regional Development at Jawaharlal Nehru University (JNU). His work focuses on political economy, development, inequality, labour markets, and the changing nature of capitalism in India. He has written extensively on economic policy, globalization, and the social consequences of development models. In this conversation, Atul Sood examines how a new “common sense” around the economy is being constructed in India through policy discourse, media narratives, and institutional framing. He discusses issues such as welfare policies, global indices, labour markets, and textbook changes, arguing that many economic debates are shaped in ways that preserve the status quo while limiting critical public discussion. Follow: Instagram – / kuna_kamra X (Twitter) – https://x.com/kunalkamra88/ Timestamps: 0:00 Opening 0:27 A New India and the Making of a New “Common Sense” 1:06 Governments, Development, and Maintaining the Status Quo 2:42 An Uncritical Society: How Economic Thinking Is Shaped 3:19 Changing School Textbooks and the New Economic Narrative 4:53 The Cotton Farmer Story: Understanding Exploitation and Value Chains 6:09 How New Textbooks Remove Discussions of Inequality 7:33 Redefining Social Justice in the “New India” Narrative 8:14 Free Ration Debate: 800 Million People and the Idea of Hard Work 10:17 Entrepreneurship vs Structural Poverty 10:49 Supreme Court’s View: Taxpayers vs Welfare Rights 13:14 Malnutrition, Anemia, and the Contradictions in Policy Thinking 15:23 Market Faith: The Belief That Growth Will Solve Everything 17:01 How Everyday “Common Sense” Shapes Public Opinion 19:17 Global Indices and India’s Image Problem 20:06 Lobbying, Discrediting, or Creating New Indices 23:31 Hunger Index Debate and Statistical Narratives 27:33 India’s Multidimensional Poverty Index and Redefining Poverty 30:30 Democracy Index and Changing Public Perception 35:01 Labor Markets, Migration, and Workers Seeking Jobs Abroad 42:01 Informal Work, Skill Narratives, and Job Insecurity 49:54 Welfare Policies: From Rights-Based to Paternalistic Frameworks 53:10 “The Economy Is Doing Fine, People Are Not”: The New Common Sense Credits: • Research Head: Anirban Bhattacharya • Camera Operator / Mixing and Mastering / Intro Music — @Mahansangeet: / hi_mahan • Camera Operator / Video Editor / Intro Animation — @RevantTalekar: / revanttalekar • Camera Operator / Guest Logistics Coordinator — @VybhavSharma: / vybhavsharma • Production Assistant — Haran Shetty