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        Tag: Banks

        As Modi pushes neoliberal “reforms,” let’s remember: Why were the banks nationalised in India? (Prabhat Patnaik, coauthor of “Capital and Imperialism,” in Portside)

        As Modi pushes neoliberal “reforms,” let’s remember: Why were the banks nationalised in India? (Prabhat Patnaik, coauthor of “Capital and Imperialism,” in Portside)

        February 20, 2024

        Every major economic step taken by the Narendra Modi government, from Goods and Services Tax, to demonetisation, to the farm laws, has been aimed against the petty production sector and has sought to carry forward the process of primitive accumulation of capital, in accordance with the neoliberal agenda.

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