Prabhat Patnaik

Rania Khalek discusses the expansion of BRICS and its challenges to Western hegemony with economist Prabhat Patnaik. They explore ideological differences among the BRICS countries, the role of India and Saudi Arabia, and the decline of American hegemony. They also discuss trading outside the dollar, the significance of de-dollarization, and the limitations of the BRICS Development Bank. Additionally, they examine the impact of the war in Ukraine on the BRICS economic block and alternative institutions.

Economists Radhika Desai and Prabhat Patnaik discuss India's 2024 election, analyzing economic challenges like unemployment and rising inequality under PM Modi's neoliberal model. They explore potential scenarios for the current government and contrast it with a proposed welfare-focused strategy for economic growth.