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Sunil Ray

'Economics of Solidarity'

Economics of the 21st Century

Today the capitalist system appears to be the only efficient mode of economic organisation. However, there appears to be increasing resistance to the capitalist order, evident in the people’s movements witnessed from time to time when the livelihoods of the poor and the marginalised are threatened. This paper presents an understanding of the new development epistemology of the deprived, the powerless, and those who are at the margins at all levels – local, national and global. It discusses how solidarity economics appears to be paving the way for an alternate, new type of economic development.

Economic Growth and Social Cost: Need for Institutional Reforms

The socialisation of private costs under the private enterprise system causes a metabolic rift between humans and nature. Over time this rift leads to economic inequality and degradation of natural resources, though these social costs remain unaccounted for. Global capital continues to shift the cost of its reproduction to the developing countries and the resulting economic crisis is not merely a systemic one - beyond a limit, this inequality gives rise to a culture of alienation, breaking down social cohesion, and culminating in an institutional crisis.

Is Rajasthan Heading towards Caste War?

Even as one seeks to resolve the various conflicts centring on reservations in Rajasthan, one needs to step aside and ask a basic question: What is the quantum of development gains the state could potentially generate so that the deprived of all social groups benefit?

Upstream vs Downstream

No alternative to rainwater harvesting may be available for ensuring rural livelihood in a state like Rajasthan that faces frequent droughts. But it is imperative to examine whether these traditional methods lead to uneven recharge of groundwater between the upstream and downstream. This paper analyses the status of groundwater availability in three villages of Alwar district, which are located in the upstream and downstream of the Arwari basin, where a large number of communities have constructed numerous rainwater harvesting structures.