Business Standard

A better world after Covid?

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

Illustration: Ajay Mohanty
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Illustration: Ajay Mohanty

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 example, embraced the
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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