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A better world after Covid?

It is time to shrug off the ideological shackles about the way we work, play and live

Topics
Coronavirus | World Trade Organization WTO | Lockdown

Ajit Balakrishnan 

Ajit Balakrishnan

Most of us, unless we are professional philosophers, live our lives pursuing our careers and family well-being, giving little thought to the ideological frameworks that we are unknowingly shackled to. Take, for example, the issue of how much of a role the Indian State should play in areas of economic policy like the setting of bank interest rates, market price for wheat or rice, and whether such decisions should be left to market forces.

This ideological debate has been raging in the world ever since the British economist, John Maynard Keynes, started it in the 1930s. India, for ...

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First Published: Mon, May 04 2020. 23:49 IST
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