Tag : consumption inequality

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#2018: The Year of Unprecedented Inequalities

The “spontaneous” tendency of capitalism to produce “wealth at one pole and poverty at another” has been accelerated with a vengeance under neo-liberal capitalism. Post-reform India, since 1990s, is a classic example of this phenomenon. But under the Narendra Modi regime, inequality in India has reached obnoxious levels. 2018 saw historic levels of inequality in […]