CBPS@25 I Ashwani Saith I Closing Keynote Speech: Independent Institutions and Public Policy скачать в хорошем качестве

CBPS@25 I Ashwani Saith I Closing Keynote Speech: Independent Institutions and Public Policy

In this thought-provoking talk, Ashwani Saith, Professor Emeritus, International Institute of Social Studies, The Hague, Netherlands, delves into the intricate interplay between capitalism, inequality, and democracy forming an unstable trinity that challenges our understanding of economic and political systems. He examines various perspectives on capitalism, from Adam Smith’s invisible hand to Marx’s critique of exploitative capitalism, highlighting the questionable assumptions of conventional economics regarding market equilibrium and surplus labour absorption. The talk explores the compatibility of extreme inequality with democracy, raising questions about the conventional conceptualisation of democracy. Furthermore, the talk highlights the manipulation of narratives in sustaining the unstable trinity, both in India and globally. This manipulation extends to challenges faced by legislatures, compromises in the judiciary, media control, and the use of digital platforms to shape public opinion. Production Credits: ‪@sanchifoundation‬