Globalization and the End of the Labor Aristocracy

By Jayati Ghosh, Twenty-first century imperialism has changed its form. In the 19th century and the first half of the 20th century, it was explicitly related to colonial control; in the second half of the 20th century it relied on a combination of geopolitical and economic control deriving also from the clear dominance of the … More Globalization and the End of the Labor Aristocracy

Understanding Economic Development and Demolishing Neoliberal Myths

By Erik Reinert, Jayati Ghosh and Rainer Kattel, We have recently co-edited a book, The Handbook of Alternative Theories of Economic Development, which that seeks to bring back the richness of development economics through many different theories that have contributed over the ages to an understanding of material progress. The underlying approach is based on … More Understanding Economic Development and Demolishing Neoliberal Myths

Jayati Ghosh on Technology and the Future of Work

By Jayati Ghosh, Professor of Economics and Chairperson at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi. Originally published at Frontline The latest fear factor to hit the world relates to the disappearance of jobs. Everywhere now the buzz is about how technology is going to transform work – and reduce … More Jayati Ghosh on Technology and the Future of Work