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AI and employment
This problem, it must be noted, relates exclusively to the application of AI under capitalist conditions; but, capitalism being the reality over much of the world, the threat of AI to the working people remains extremely serious.
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Global diffusion of production and the concept of imperialism
THERE has been a significant diffusion of production occurring in the world economy. Many call this phenomenon a shift from a U.S.-led world economy to a “multipolar world economy”, but no matter what one thinks of this description, the fact of diffusion is indubitable.
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What is to be done about unemployment?
A distinction is drawn in economics between demand-constrained systems and resource-constrained systems (which for simplicity and symmetry we shall call supply-constrained systems).
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A cautionary tale for open science: AlphaFold3
A NEW AI (Artificial Intelligence) model, AlphaFold3, has excited the scientific community.
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Neo-liberalism has increased mass poverty
It is not a difficult proposition to substantially reduce poverty through redistributive measures. About one tenth of India’s GDP would need to be devoted to providing adequate food for the population, basic and comprehensive healthcare, compulsory free education, employment guarantee and old age pension; for which additional taxation of 7 per cent of GDP that the rich and super-rich can easily bear, would be needed. Combined with vigorous implementation of the existing National Food Security Act 2013 and the MG National Rural Employment Guarantee Act, genuine large-scale reduction of poverty would result
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Chicanery versus humanity
The students in short are moved by a pure sense of humanity.
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The crisis of liberalism
Modern liberalism was developed in response to the Bolshevik Revolution during the capitalist crisis of the inter-war period, as a way of resolving that crisis, and other similar crises that could arise in future, without transcending capitalism.
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On the question of the inheritance tax
The neoliberal years, it is generally agreed, have seen a sharp widening of income and wealth inequalities; in India it has even caused an increase in the extent of absolute deprivation.
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Rural labour in the Modi years
The two phenomena, a reduction in real wages and a reduction in employment opportunities, in fact go together.
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Fetishising the growth rate of GDP
JOHN Stuart Mill was among the foremost liberal thinkers of modern times who wrote extensively on economics and philosophy.
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A striking contrast
Reichstag Fire was a crucial event in the conversion of Germany from a liberal democracy into a fascist dictatorship in 1933.
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Dual-use dilemma: AI and the future of protein design
In October 2023, David Baker of the Institute for Protein Design at the University of Washington, USA, organised an AI safety summit to assess the risks associated with the malicious utilisation of designer proteins. The focus was on determining the necessity and scope of regulation for protein design and identifying potential hazards.
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The anatomy of a ‘Hindu Rashtra’
Words can be highly deceptive; and Hindu rashtra is a perfect example of this.
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Once more on poverty figures of India
Poverty in short had increased significantly between 2011-12 and 2017-18. After 2017-18 we have had a pandemic, and a lockdown induced by it, from which the economy is just recovering, though unemployment today is higher than before the pandemic.
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Israel is starving Palestinians to death while the world watches
Israel has deliberately slowed the flow of aid to Gaza with hundreds of trucks stranded on the Egyptian side of the Rafah border at a time when over two dozen Palestinian children have died of malnutrition.
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Capitalist trap for scientific advances
There is a paradox at the core of the efflorescence of science that has occurred over the last millennium.
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The descent into barbarism
IN The Junius Pamphlet written from jail in 1915, Rosa Luxemburg had said that the choice before mankind was between barbarism and socialism.
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What the GDP hides
There are well-known problems associated with the concept of gross domestic product as well as with its measurement.
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Lenin: Architect of the Worker-Peasant Alliance
Among the many seminal theoretical contributions made by Lenin to Marxism was his pioneering of the concept of the worker-peasant alliance for a socialist revolution.
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Chip Wars: Breaking the siege
While the sanctions regime has hit Chinese companies, especially Huawei, hard and exposed weak links in China’s chip supply chain, the last year has seen significant progress by Chinese companies.