broken capitalism ?

This week there were a couple of readings that I had to go through in order understand two of the most pressing questions of the current times (apart from when will we have the vaccine ) is, “What is the future of capitalism” and also “Could free market economy help us mitigate the climate change…

Why do poverty traps exist ?

When we think of poverty,we often think about hunger as hunger and poverty go hand in hand. We have also been exposed to the imagery of poverty by living in India where the demographic is an extensive mix of the extreme poor and the extreme rich. We are also often caught in a thought process where we think that poverty is something that poor people deserve because of their lack of merit,skills and inability to put in adequate amounts of effort to escape it. In the book ‘Down and Out in Paris and London’ by George Orwell,he questions this aforementioned philosophy through an extensive account on poverty in the streets of Paris and London.

Could we be entering the ‘Player Piano’ world?

We are living in unprecedented times, one that has us wondering about what the world would be once this crisis is over. Everyone’s churning out their views about the next phase and one thing that holds common in all these theories is that there is no going back. One striking worldview was that of Kurt…

Is PMAY the only solution to affordable housing crisis?

The entire world is facing an affordable housing crisis. Different governments around the world are tackling this problem in different ways. Nirmala Sitharaman with the announcement of the union budget 2019 is portraying the different initiatives the government is willing to take under the umbrella of affordability. The finance minister has proposed the construction of…