ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Participative Economics

Parecon: Life after Capitalism by Michael Albert; Verso 2003;
P R DUBHASHI Capitalism rules triumphant today all over the world in the era of globalisation. It has been left with no rival or alternative after the collapse of communism in the erstwhile Soviet Union and other eastern European countries. Soviet Union has disintegrated and many eastern European countries have joined NATO and have whole-heartedly accepted American leadership. Marxism is dead and its battle-cry

People's Movement against Global Capitalism

In the post-cold war world, issues of equality and social justice still remain vital concerns. As the increasing gap between rich and poor countries, and the growing desperation of the poor and the unemployed reveal, market economy is not an all-encompassing panacea and it thus becomes necessary to find an alternative. It is here that civil society and the local community must have the space to act and where necessary even solicit the state's intervention - a moving idea behind those protest movements seen earlier this year. The challenge of the new century is to bring these ideas together in a new consistent design, towards a "mobilisation against globalisation" through which a more humane and equitable economic and social order will possibly take shape.

Revitalising Cooperative Rural Credit

While new perspectives are opening out before the cooperative credit institutions, the old maladies persist. Unless they are overcome, the cooperatives cannot make the best use of their opportunities.

Strategies to Counter Drought

Quality and Pricing' covers familiar ground. Like India, China is also (and even more) internationally competitive in steel. One point that is not sufficiently stressed is the relation between growth of demand and technological development and diffusion. In this reviewer' s view, China's technological dynamism in steel and in contrast, India's technological dependence, can largely be explained in terms of the fact that in contrast to India, steel capacity has been growing steadily in China since 1949 in response to rising demand for steel. It is this that has given Chinese technologists, scientists, engineers and workers ample opportunities to replicate and update plants, engage in reverse engineering, commercialise R and D results (e g, coal dust injection systems, etc). Indeed, Chinese small blast furnace designs and coal dust injection systems technology have been imported by Simplex Engineering (Bhilai) and MECON respectively.

Drought and Development

P R Dubhashi If drought is accepted as a recurrent and normal phenomenon, it should be taken care of through a 'compensatory development plan' built into the development plan with a provision for augmenting it when required. Such a strategy would not only be an antidote to wasteful expenditure on schemes hurriedly introduced under pressure of crisis caused by drought, it would also provide the perspective for seeing drought in relation to development and set the course of development in such a direction that the nation and the people (specially the vulnerable sections) would be able to deal with drought ami absorb its consequences with greater resilience, order, preparedness and self-assurance.

Left to Chance

VILLAGE panchayats arc the foundations of rural local self-government in India. On the satisfactory functioning of village panchayats depends the success of the experiment of decentralised development and democracy. It is, therefore, necessary that the functioning of village panchayats be studied, their difficulties and shortcomings identified, and measures taken to support and strengthen these institutions.

A New Civil Service Philosophy

P R Dubhashi THE Report of the Fulton Committee on the Civil Service in Britain is a revolutionary document, which brings to bear a new outlook on the role of civil servants in the modern state. Though the Committee was concerned with conditions in Britain, its analysis of the tasks which public administration in a modern state has to discharge and its diagnosis of the strength and weakness of the civil service in the discharge of these tasks have a familiar ring for Indian conditions. The reforms and remedies the Committee has suggested, therefore, deserve careful consideration with a view to adapting some of them for Indian administrative reform.

A System or a Sector

A System or a Sector?
P R Dubhashi IS co-operation a distinct economic system based on its own principles or is it always destined to remain as a sector

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