A neoliberal economy encourages private capital and the market, while forcing the state to withdraw from welfare. The state is limited in taking concrete and constructive efforts to fulfil the aspirations of the people. Even as the poor perceive the state as an arbitrator of their well-being and a facilitator for their mobility in all spheres of life, today’s political parties resort to unsolicited freebies to attract them. The line between welfarism and populism has blurred. (Read More)
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