Rahul Gandhi, often criticized for his low public profile, has so far given few clues to his own policies. The government has to create an environment for employment which will come through economic reforms,” Ganguly said. Political analyst Amulya Ganguly said it was good the party had “suddenly discovered” the youth and urban middle class, but said more economic reform was needed, as was a clean-up of the police and bureaucracy, widely seen as corrupt. Singh’s government is already seeking to win over the middle class with reforms aimed at boosting economic growth, such as subsidy cuts that have been backed by Gandhi, despite initial misgivings they would hurt the poor.
“We cannot allow our growing educated and middle classes to be disillusioned and alienated from the political process.” “We have to recognise the new changing India, an India increasingly peopled by a younger, more aspirational, more demanding and better educated generation,” Gandhi told party leaders. His mother, who in the past has promoted welfare programmes for the rural poor, gave a speech that placed uncharacteristic emphasis on urban job creation for the young middle class in one of the world’s fastest growing major economies. As the scion of a dynasty stretching back to India’s independence from Britain in 1947, the party wants him to be prime minister if it wins the elections. Gandhi’s son, Rahul, 42, was anointed party vice-president at the meeting. The meeting, the first of its kind in a decade, was the party’s attempt to adapt to fast-changing demographics as it prepares to contest for a third consecutive term. Looking weary after nine years in coalition government, the Congress leadership is widely seen as aloof and out of touch.
Prime Minister Manmohan Singh, 80, and Sonia Gandhi, the 66-year-old leader of the ruling Congress party, grappled with terms like “flash mob” and “Twitter” at a brainstorming meeting this weekend that focused on the new generation and growing social media.Ībout two thirds of India’s 1.2 billion people are under 35 and the population is shifting to cities, eroding political parties’ traditional dependence on the rural poor. ‘An admirable attempt to broaden the horizons of economic thinking.Prime Minister Manmohan Singh (in blue turban) prepares to sit as chief of ruling Congress party Sonia Gandhi (3rd R) watches after paying respect at the memorial of the former Prime Minister Rajiv Gandhi on the occasion of Rajiv's 68th birth anniversary in New Delhi August 20, 2012. ‘An admirable attempt to broaden the horizons of economic thinking.’ Martin Wolf, Financial Times** ‘An innovative vision about how we could refocus away from growth to thriving.’ Daily Mail ‘A really important economic and political thinker.’ Andrew Marr **‘This is sharp, significant scholarship. ‘The John Maynard Keynes of the 21st century.’ George Monbiot, Guardian Longlisted for the Financial Times & McKinsey Business Book of the Year Award 2017
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Includes a supplementary PDF of graphs and diagrams. And in the process, she creates a new, cutting-edge economic model that is fit for the 21st century – one in which a doughnut-shaped compass points the way to human progress.Īmbitious, radical and rigorously argued, Doughnut Economics promises to reframe and redraw the future of economics for a new generation. She highlights the dangers of ignoring the role of energy and nature’s resources – and the far-reaching implications for economic growth when we take them into account. She reveals how an obsession with equilibrium has left economists helpless when facing the boom and bust of the real-world economy.
En route, she deconstructs the character of ‘rational economic man’ and explains what really makes us tick. And its blind spots have led to policies that are degrading the living world on a scale that threatens all of our futures.Ĭan it be fixed? In Doughnut Economics, Oxford academic Kate Raworth identifies seven critical ways in which mainstream economics has led us astray, and sets out a roadmap for bringing humanity into a sweet spot that meets the needs of all within the means of the planet. Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year. It has failed to predict, let alone prevent, financial crises that have shaken the foundations of our societies.
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