Capitalism

Raghuram Rajan says India is too big to be managed from the Centre

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“India is too big to be managed from the Centre,” said Raghuram Rajan while speaking about the need for decentralisation while in conversation with Tamil Nadu’s Finance Minister P Thiaga Rajan on a virtual platform on Friday. While he agreed that there was a need for a Central government, he said that more power needs … Read more

The global vaccine crisis is a test of capitalism: Mihir Sharma

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The 2008 crash tested financial globalization. In 2020, the chaos of the early months of the Covid-19 pandemic led many to question the world’s dependence on complex global supply chains. These last few months, however, as vaccination programmes have taken off in some parts of the world and stalled in others, have raised even deeper … Read more