Transformation of The Indian Economy

The Corona-virus pandemic has unsheltered the overdependence of various countries on China. The ongoing crisis had brought everything to a halt in China, which sundered the subsisting “supply chains.” Various countries all over the world have paid heed to this gremlin and are now looking to branch out their “supply chains.” They are looking forContinue reading “Transformation of The Indian Economy”

The Debate on Socialism Vs. Capitalism

Socialism and capitalism refer to two forms of economic systems out of the many that exist. An economic system refers to allocation, production and distribution of resources by the government of a country. The difference between these two economic systems is that of the level of government intervention with socialism being placed at maximum andContinue reading “The Debate on Socialism Vs. Capitalism”

Analysis of Union Budget 2020- Honey or Sweet Poison

Union Budget of a year as defined in the Constitution of India under Article 112[1] is also known as annual financial statement, is a statement of the estimated receipts and expenditures of the government for that particular year. It is also classified as Revenue Budget and Classical Budget. Revenue budget includes the government’s revenue receiptsContinue reading “Analysis of Union Budget 2020- Honey or Sweet Poison”

The Changing Face of Women’s Political and Economic Participation in the Middle East – A Study

Women are becoming more prominent actors in the political sphere and they are taking meaningful roles within the state. At the same time, economic hardship have forced more and more women to work outside the house, leading to changing views about their own position in the family and also greater acceptance social acceptance amongst men.Continue reading “The Changing Face of Women’s Political and Economic Participation in the Middle East – A Study”

Karl Marx’s views on Legal Order in Society

Almost every list of greatest thinkers of the mankind will contain the name of Karl Marx. A great thinker, political analyst, anthropologist, economist and list goes on. Along with his friend Friedrich Engels he co-authored two very famous books namely Das Capital and the Communist Manifesto. The message of these two books was that theContinue reading “Karl Marx’s views on Legal Order in Society”

Dialectical Materialism as proposed by Karl Marx and a History of Capitalism

Karl Marx was a German philosopher, economist, historian, sociologist, political theorist, journalist and socialist revolutionary. Marxism, or Scientific Socialism, is the name given to the body of ideas first worked out by Karl Marx (1818-1883) and Friedrich Engels (1820-1895).[1] In their totality, these ideas provide a fully worked-out theoretical basis for the struggle of theContinue reading “Dialectical Materialism as proposed by Karl Marx and a History of Capitalism”