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Mishra: Inflation in India
Znet Article, February, 25 2007
Girish Mishra
Mishra's ZSpace page
The people of India have been greatly troubled by the rising prices, especially of essential commodities, for almost a year. The wholesale price index (WPI) that officially measures the level of inflation rose by 3.98 per cent during the last fina...
Mishra: Fiasco at Davos
Znet Article, January, 30 2007
Girish Mishra
Mishra's ZSpace page
There is not even an iota of doubt that the World Economic Forum (WEF) 2007 that opened with much fan fair at Davos, a well known mountain resort in Switzerland, ended in a fiasco. For five days (24-28 January) 2400 participants from as many as 90...
Mishra: Our Indian Neros
Znet Article, January, 29 2007
Girish Mishra
Mishra's ZSpace page
It was five years ago, in 2002, that a holocaust took place in the Indian State of Gujarat. One of the gruesome massacres took place in the Best Bakery of Vadodara. The BJP-led government tried its level best to cover up the incident and allow the...
Mishra: Is Globalization on Its Way Out?
Znet Article, January, 17 2007
Girish Mishra
Mishra's ZSpace page
For quite some time, serious doubts have been expressed about the continuance of the present era of globalization, based on the Washington Consensus or neo-liberalism. After John Ralston Saul’s well-argued book, The Collapse of Globalism, ...
Mishra: Indian Economy in 2006
Znet Article, January, 03 2007
Girish Mishra
Mishra's ZSpace page
The year 2006 was a mixed bag on the economic front. While it enthused the powers that be, it brought deep anxieties to the people at large. On balance, it created and left behind problems that will require great efforts to tackle. Undoubtedly, t...
Mishra: India in American Perspective
Znet Article, December, 24 2006
Girish Mishra
Mishra's ZSpace page
Ever since the early 1990s India has been moving closer to the United States of America. The collapse of the world socialist system, the disintegration of the Soviet Union, and China becoming a capitalist-roader hastened this process. The forces...
Mishra: Mafia in Jharkhand
Znet Article, December, 12 2006
Girish Mishra
Mishra's ZSpace page
Not many people outside Jharkhand, the newly state in India, richest in minerals, would have heard the name of Ram Ashray Singh. There is absolutely no question of giving attention to this little educated and rustic gentleman by our booming electr...
Mishra: Access to Water-- A Dream?
Znet Article, November, 17 2006
Girish Mishra
Mishra's ZSpace page
It was not long ago that Portuguese novelist and Nobel laureate, José Saramago questioned the rationale of spending millions of dollars on missions to find out whether there was water on the moon when billions of people on the earth had no access...
Mishra: Enron Verdict and American Double Standard
Znet Article, November, 03 2006
Girish Mishra
Mishra's ZSpace page
Jeff Skilling, the Enron CEO, was sentenced to a jail-term of 24 years 4 months on October 23, 2006. It means, if this judgment is not reversed by a higher court, he will come out of prison only in 2031 at the age of more than 76. He was found gui...
Mishra: Meaning of Nobel Prize to Phelps
Znet Article, October, 21 2006
Girish Mishra
Mishra's ZSpace page
The phenomenon of open or involuntary unemployment came up with the rise of modern industrial capitalism. This was because labour power became a commodity, that is, a subject of sale and purchase. People uprooted from land had no other means of pr...
Mishra: Issues in the American Elections
Znet Article, October, 11 2006
Girish Mishra
Mishra's ZSpace page
As the elections to American Senate and the House of Representatives are drawing nearer, more and more heat is getting generated. The Republicans are defending their crusade against worldwide terrorism by pointing out that the punitive actions aga...
Mishra: Affluenza
Znet Article, September, 26 2006
Girish Mishra
Mishra's ZSpace page
In recent years, a new disease or, better to say, epidemic has been afflicting India. Unlike influenza or bird flue it has not come from the east nor is its effect temporary. Once afflicted, it is very difficult for the victim to recover. Till now...
Mishra: Crony Capitalism and Its Implications
Znet Article, September, 17 2006
Girish Mishra
Mishra's ZSpace page
In Western Uttar Pradesh, the State government has allotted agricultural land, acquired from peasants on very low rates, to industrialist Anil Ambani for building power plants and setting up a special economic zone. This has led to great disconten...
Mishra: Theft of the Commons
Znet Article, August, 31 2006
Girish Mishra
Mishra's ZSpace page
For quite some time two news items have been dominating the media in Delhi. The first relates to the intervention by the higher judiciary to remove commercial establishments and other kinds of encroachment from the residential areas and public lan...
Mishra: American Economy
Znet Article, August, 16 2006
Girish Mishra
Mishra's ZSpace page
Prof. Niall Ferguson of the Harvard University compares the US economy to a dinosaur whose bulk once shook the ground. Yet, it disappeared from the face because of its inner problems. Like it, “the US economy is mind-bogglingly enormousâ...
Mishra: Rising Prices, Fearful People in India
Znet Article, July, 31 2006
Girish Mishra
Mishra's ZSpace page
For quite some months, the prices of goods and services, especially of mass consumption, have been increasing relentlessly. On July 3, the prices of petroleum products were increased by 25 to 30 per cent. This has added fuel to the fire and aggrav...
Mishra: Implications of Privatizing Public Security
Znet Article, July, 23 2006
Girish Mishra
Mishra's ZSpace page
Adam Smith, the father of modern economics, pleaded for leaving all economic activities to be regulated by market forces without any restraint from state or any other organized group. He believed, “the invisible hand†would coordin...
Mishra: Globalization and Growing Disparities
Znet Article, July, 07 2006
Girish Mishra
Mishra's ZSpace page
The present phase of the Washington Consensus-based globalization is now almost two decade-old. Hence it is not premature to judge what its protagonists promised and what results have accrued. To begin with, globalization was to generate a high ec...
Mishra: American Dream and Its Indian Vendors
Znet Article, June, 18 2006
Girish Mishra
Mishra's ZSpace page
For many, many years the US official circles, the propertied classes and the media controlled by them have been propagating a myth. It is the myth of the American Dream, which means that in the United States, any person can climb up the ladder of ...
Mishra: Making the State Impotent
Znet Article, May, 21 2006
Girish Mishra
Mishra's ZSpace page
On liberation from the imperialist yoke after the Second World War, many countries embarked on the path of economic development to make their political freedom secure and meaningful to their people. Even though these countries were at different le...


