The New Economic Policy of 1991 and the Transformation of India’s Developmental Trajectory: Political, Economic, and Social Implications in the Age of Globalization The New Economic Policy (NEP) of 1991 marked a paradigmatic turning point in India’s developmental trajectory. Conceived in the wake of a severe balance of payments crisis, the policy package of liberalization, … Continue reading How did the New Economic Policy of 1991 transform India’s developmental trajectory, and what have been its political, economic, and social implications within the broader context of globalization and state restructuring?
Tag: Inequality
In what ways is economic and neo-liberal globalization being contested within advanced industrialized democracies, and what have been the principal economic consequences of such globalization for domestic inequality, labor markets, and national policy autonomy?
Contesting Neoliberal Globalization in Advanced Industrialized Democracies: Economic Consequences for Inequality, Labor Markets, and Policy Autonomy The last four decades have witnessed the intensification of economic globalization, primarily driven by neoliberal paradigms of deregulation, privatization, free trade, and capital mobility. While these dynamics have significantly expanded cross-border economic integration, they have also unleashed profound transformations … Continue reading In what ways is economic and neo-liberal globalization being contested within advanced industrialized democracies, and what have been the principal economic consequences of such globalization for domestic inequality, labor markets, and national policy autonomy?
How did the collapse of actually existing socialism and the triumph of neoliberalism marginalize Marxist frameworks in IR, despite the persistence of global inequality and exploitative core-periphery relations?
The collapse of actually existing socialism — symbolized most dramatically by the fall of the Berlin Wall in 1989 and the dissolution of the Soviet Union in 1991 — alongside the global triumph of neoliberalism in the late 20th century profoundly reshaped the intellectual terrain of international relations (IR). This twin transformation marginalized Marxist and … Continue reading How did the collapse of actually existing socialism and the triumph of neoliberalism marginalize Marxist frameworks in IR, despite the persistence of global inequality and exploitative core-periphery relations?
Aristotle’s defense of natural slavery has been widely criticized as an endorsement of oppression. Can his views on slavery be excused as a product of his era, or do they undermine the universality of his political philosophy?
Aristotle's theory of natural slavery, asserting that some individuals are suited for servitude, raises significant ethical concerns. Critics argue his justification of slavery contradicts his political philosophy centered on justice and virtue. His views, reflective of ancient societal norms, are incompatible with modern human rights and justice principles, necessitating reinterpretation.