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

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​The Social Status of Safety

In the middle of a pandemic, the market has transformed essential goods into status symbols.

Present Crises of Capitalism and Its Reforms

In exploring whether capitalism is an appropriate economic system for a country like India, this paper finds that its future prospects and long-run viability, in general, are delimited by the accentuating threats of ecological imbalance and growing inequality that it brings with itself.

Consumer Culture and Shopping Decisions

Based on an empirical study, this article addresses critical concerns surrounding shopping decisions of the middle class in Delhi and the National Capital Region. Using exploratory factor analysis, four factors that influence shopping decisions are extracted, namely peer pressure, money matters, shopping site, and brand value. These factors are examined at both aggregated and disaggregated levels according to income, age, and sex. The article reflects on how shopping decisions, consumption profiles, and aspirations are negotiated in reshaping social life. It projects that far from being materialistic, hedonistic, and self-centred, the middle-class shopper is cautious, price-sensitive, and seeks value for money.

Farmer Suicides in India's Breadbasket

Agrarian Distress and Farmer Suicides in North India by Lakhwinder Singh, Kesar Singh Bhangooand Rakesh Sharma; New Delhi: Routledge India;pp 229, ₹895.

Objective Function in Economic Models of Decisions on Production

Analysis of shifting cultivation in Tripura in the 19th century indicates that the 'full belly' type of models - where the objective is considered to be a fixed target level of consumption - approximated realistically with the cultivators' production motivation. However, in the present day, due to the demands of the consumerist culture and dwindling land available for shifting cultivation, swidden agriculture, even if engaged in full time, is not able to produce more than the minimum acceptable level of output.

Shades of Beirut on New York's Streets

At 8.48 am on September 11, 19 Arab men changed the nature of US life. These men, from Egypt, the UAE and Saudi Arabia, brought their various frustrations on to four planes, three of which struck the World Trade Centre and the Pentagon, both symbols of US hegemony. The 19 men ended the American sense of remove from the world, the feeling that violence and terror take place elsewhere and not on the home front.
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