South Korea’s wannabe president wins support for universal basic income plan

by Rashmee

Posted on October 15, 2020


It is a platitude that the pandemic has been a game-changer. It is a banality that catastrophes are not always uniformly bad news for everyone. The lucky few may unwittingly benefit. Lee Jae-myung, governor of South Korea’s most populous province, is probably one of them. So is the bold concept known as universal basic income. … Continue reading “South Korea’s wannabe president wins support for universal basic income plan”

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Saturday rearview: Reset on capitalism, protests everywhere, the ‘Love Actually’ election

by Rashmee

Posted on December 14, 2019


In a week crammed with a British election and the first round of peace talks between Russia and Ukraine in Paris, here’s what I thought most interesting. ** In The National, I looked at the need for a reset on capitalism. “It has been 130 years since Andrew Carnegie wrote The Gospel of Wealth, an … Continue reading “Saturday rearview: Reset on capitalism, protests everywhere, the ‘Love Actually’ election”

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Why a reset on capitalism is a good idea

by Rashmee

Posted on December 10, 2019 / The National


It has been 130 years since Andrew Carnegie wrote The Gospel of Wealth, an essay that is still considered a foundational document in the field of philanthropy. Now comes a new one, from Ford Foundation president Darren Walker. It is called From Generosity to Justice and urges philanthropists to work on the root causes rather … Continue reading “Why a reset on capitalism is a good idea”

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A new gospel of wealth, 130 years after the one written by Andrew Carnegie

by Rashmee

Posted on December 6, 2019


It’s been 130 years since Andrew Carnegie published ‘The Gospel of Wealth’, which is considered a foundational document in the field of philanthropy. Now comes a new one, from Ford Foundation president Darren Walker. It’s called ‘From Generosity to Justice’ and urges philanthropists to work on the root causes — rather than just the consequences … Continue reading “A new gospel of wealth, 130 years after the one written by Andrew Carnegie”

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A five-point plan to reform capitalist democracy

by Rashmee

Posted on December 5, 2019


Is anyone surprised that the US and UK are the most unequal of the western high-income countries? The giveaway is the current state of their politics. Both have long been stable, rule-of-law democracies, but both are now allowing lying, chicanery, and demagogy to flourish. According to Martin Wolf of the FT, in both countries, we … Continue reading “A five-point plan to reform capitalist democracy”

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Is this an inflection point, just like 1989?

by Rashmee

Posted on November 15, 2019


In 1989, the Berlin Wall fell. A couple of years later, the Soviet Union collapsed. Soviet-style communism ended as well. (What survived in West Bengal, Kerala, not to speak of China and North Korea is not communism.) Now, consider 2019. A growing number of Americans say they support some form of socialism. And Chile has just announced a … Continue reading “Is this an inflection point, just like 1989?”

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The man who built BRICS now breaks down world disorder

by Rashmee

Posted on October 9, 2019


Jim O’Neill recently wrote that the growing discontent in the world is the result of a breakdown in the international capitalist model. This matters. Lord O’Neill is the man who built BRICS (originally BRIC), the concept that decreed Brazil, Russia, India, China be considered as one economic group with enormous potential. Later, South Africa was … Continue reading “The man who built BRICS now breaks down world disorder”

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Corporate compassion: What Ukraine thought a while ago, US thinks tomorrow

by Rashmee

Posted on August 26, 2019


The good thing is American business wants to rethink its role. The bad news is no one’s really talking about massive redistributive justice. Last week more than 180 American CEOs said that corporations didn’t only need to serve shareholders. They acknowledged a responsibility for staff and customers, as well as the communities within which they’re … Continue reading “Corporate compassion: What Ukraine thought a while ago, US thinks tomorrow”

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New world order? The Denmark model versus the Singapore model

by Rashmee

Posted on October 11, 2017


What should we to make of North Korea’s economic liberalisation? And the fact that it’s having an effect on its economy but not its politics? As Bloomberg View reported last month, the country’s six-year-old reforms have begun to take hold and the private sector is becoming increasingly important. It may now account for up to half … Continue reading “New world order? The Denmark model versus the Singapore model”

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This @POTUS isn’t fascist but post-fascist. He represents capitalism without a human face

by Rashmee

Posted on October 6, 2017


In the aftermath of Donald Trump’s visit to Puerto Rico, let’s consider the way the word “fascism” is used in relation to this US President. The word is used all too often and all too wrongly says someone who can reliably be expected to know: Italian historian Enzo Traverso. He wrote an essay for the World … Continue reading “This @POTUS isn’t fascist but post-fascist. He represents capitalism without a human face”

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Rashmee has lived and worked in several countries in the past decade, including Afghanistan, India, Haiti, Tunisia, the UAE, US and UK