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The minimum wage, such as it is in India, guarantees workers in the official economy an average annual salary of around $700 a year, putting them at barely above the poverty line. For the rest of the economy, it is a one-sided class assault. This has meant that capital accumulation has proceeded virtually unabated; but does that mean the working class is increasingly irrelevant to the process of accumulation?

Austerity, Neoliberalism,
and the Indian Working Class | International Socialist Review

isreview.org

‘The result was the concentration of some groups in the 1970s’, writes Pirie (he often talks about himself and his friends in the third person), ‘not on the battle for ideas, but on policy engineering. Instead of simply waving free market flags and shouting the traditional battle cries, attention […] turned instead to the technical and mechanical details of policies’. These intellectuals saw themselves less as tribunes or propagandists than as ‘policy engineers’ who ‘constructed machines which worked’.

The Ungovernable Society

Grégoire Chamayou

#1: First, manage thyself. “That one can truly manage other people is by no means adequately proven,” Drucker writes. “But one can always manage oneself.”

The Effective Executive

Peter F. Drucker

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