by M.K.Sudarshan July 4, 2026: Chennai, India An exploration of civilization’s hidden dependence on energy, the warnings of Robert J. Gordon, and the possibility that the future will be more advanced yet less abundant than the age that came before. The Hidden Axis of Civilization There is a strange and revealing fact about human civilization:Continue reading “Energy, Progress, and the Future We Can Afford”
Tag Archives: capitalism
The new Orient Express: Istanbul to Islamabad via Teheran
The Trump-Pezeshkian MOU : what can be the fall out of success and consequences if it fails ?
Entrepreneurship is the Virtue-Signalling of Modern Corporate Capitalism (aka. “the new world order”)
Overview In contemporary political economy, entrepreneurship is often presented as a morally elevated force of innovation, risk-bearing, and social progress. Yet the structure of the modern corporate economy suggests a different interpretation: entrepreneurship functions largely as the legitimating language through which capital organizes production, appropriates profits, and normalizes an unequal distribution of national wealth. AcrossContinue reading “Entrepreneurship is the Virtue-Signalling of Modern Corporate Capitalism (aka. “the new world order”)”
The Great Betrayal: How Labour Lost in Both China and India to Capital in the decade 2014-2024
The Shared Tragedy A blue-collar factory worker in Dongguan, China, and a white-collar IT contractor in Bangalore, India—separated by the Himalayas and 3,000 miles—have something heartbreaking in common: over the past decade, both have watched capital owners capture 4–6 times more wealth per person than they did, despite their nations’ spectacular economic growth. In China, GDPContinue reading “The Great Betrayal: How Labour Lost in Both China and India to Capital in the decade 2014-2024”
The Arc of Human Sorrow – Part 1 of 3
I. The Arc of Human Sorrow in the World If one were to trace, on a single map, the heaviest concentration of war, pillage, and displacement across human history, the line would run from Libya through Anatolia, the Levant, Mesopotamia, and Persia—an arc that has, for millennia, been less a geographical accident than a structuralContinue reading “The Arc of Human Sorrow – Part 1 of 3”
Why is the Zomato Company’s delivery-man more valuable than the giant ONGC’s expert engineer?
Take a look at this news item below : An engineer friend of mine this morning forwarded it to me and exclaimed in confounded astonishment! “This is very difficult to comprehend! A food delivery company which went public only a year ago is valued more than ONGC!!” It astonished me too but I was notContinue reading “Why is the Zomato Company’s delivery-man more valuable than the giant ONGC’s expert engineer?”
Which is the more beautiful word: “Tariffs” or “Trickle-down”?
For over 30 years America believed that globalisation and free-market economics would succeed in making America Great — through “trickle down” theory of wealth distribution at home and in converting China into a liberal-democratic manufacturing vendor-colony. As the Chinese guy in the video-clip rightly explains, it didn’t quite work out that way . “American 1-percenters” , the greedyContinue reading “Which is the more beautiful word: “Tariffs” or “Trickle-down”?”
Why both Meta and I think Prime Minister Modi is very naive and over-ambitious about the AI Revolution
I sat down with Meta to have a long but such an engrossing conversation on what PM Modi said in his speech at the World AI Summit held in Paris yesterday 11th February 2025. Below is the transcript: DISCLAIMER: I am not a Luddite but I like to believe I’m always for the underdogs ofContinue reading “Why both Meta and I think Prime Minister Modi is very naive and over-ambitious about the AI Revolution”
“American Exceptionalism” in U.S. Stock Markets: and what Ruchir Sharma forgot to explain to me
https://acrobat.adobe.com/id/urn:aaid:sc:AP:860c0e68-c8f1-460d-a8ba-c8e4d85ecd57 Ruchir Sharma’s above Op-Ed piece in the London Financial Times ends with this grim foreboding : I would like to think perhaps Ruchir Sharma inadvertently forgot to add that America is also over-indebted as never, never seen before… The omission therefore begs the question : why are we seeing today the strange phenomenon ofContinue reading ““American Exceptionalism” in U.S. Stock Markets: and what Ruchir Sharma forgot to explain to me”
Macroeconomics they never taught me at university : “The Zelensky Effect”
One of the important lessons in modern economics they never formally taught me when I was at university is that when faced with impending woe and imminent recession, the two most effective policy-measures a nation’s leaders will resort to while trying to dig themselves out of the hole they themselves in the first place dugContinue reading “Macroeconomics they never taught me at university : “The Zelensky Effect””