300. A History of Economic Ideas

Karnataka elects 28 members to the Lok Sabha and is considered a crucial swing state (to borrow a term from American politics) in the forthcoming elections as the INDIA Alliance is hoping to make major gains here. But if history is any indicator, then the BJP has an advantage. In the past four parliamentary elections since 2004, the BJP has managed to win more seats than the Congress. In the elections of 2004, 2009, 2014 and 2019, the BJP won 18, 19, 17 and 25 seats respectively. In the 2019 elections, the BJP, riding on a national wave that favoured the reelection of Prime Minister Narendra Modi, secured a staggering 51.7 percent of the vote share in Karnataka. The lone independent MP who was elected also subsequently extended her support to the BJP which means that the party now has 26 seats in Karnataka. While the electoral history of the past two decades favours the saffron party as Karnataka gets ready to vote in two phases on April 26 and May 7, the Indian National Congress is hoping to regain its past glory in Karnataka. The party which won a thumping majority in the Legislative Assembly elections last year is banking on two issues; its successful implementation of its five guarantees and the injustice done to the State in the devolution of funds from the Union government. The panel that has been curated carefully will discuss whether Karnataka will follow the same pattern that it has set in place from the past 20 years of preferring the BJP or will it witness a change and provide a boost to the INDIA Alliance. The panel will also dwell on other salient themes such as why Karnataka remains an outlier in south India as far as support to the BJP is concerned and the significance of the BJP’s alliance with the Janata Dal (Secular). Leading up to the elections, both the main parties in the fray have witnessed factional wrangles accompanying the selection of candidates while they have also been accused of perpetuating dynastic politics. In this episode of BIC Talks, Professor of Public Policy & Governance, Azim Premji University - A Narayana; Senior Journalist at The Hindu - Rishikesh Bahadur Desai and Senior Journalist at The News Minute - Pooja Prasanna are in conversation with Journalist, Vikhar Ahmed Sayeed. This is an excerpt from a conversation that took place in the BIC premises in April 2024. Subscribe to the BIC Talks Podcast on your favorite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.

In India, the question of whether voters are truly getting what they vote for remains a complex and often debated issue. While elections provide a platform for citizens to express their preferences and hold their representatives accountable, challenges such as electoral misconduct, corruption, and the influence of money and power continue to cast doubt on the efficacy of the electoral process. Moreover, the disconnect between campaign promises and actual governance outcomes further muddles the picture. Despite strides in transparency and electoral reforms, the gap between voter expectations and political realities underscores the need for sustained efforts to enhance accountability, strengthen institutions, and foster a more responsive and inclusive democracy. Cultivating Democracy: Politics and Citizenship in Agrarian India by Mukulika Banerjee is an anthropological study of the relationship of formal political democracy and the cultivation of active citizenship in one particular rural setting in India, studied from 1998 to 2013. It draws on deep ethnographic engagement with the people and social life in two villages, both during elections and in the time in between them, to show how these two temporalities connect. The analysis shows how an agrarian village society produces the social imaginaries required for democratic and republican values. The ethnographic microscope on a single paddy growing setting allows us to examine how the various social institutions of kinship, economy, and religion are critical sites for the continual civic cultivation of cooperation, vigilance, redistribution, inviolate commitment, and hope—values that are essential for democracy. In this episode of BIC Talks, Author of 'Cultivating Democracy' & Professor of Social Anthropology at LSE - Mukulika Banerjee will present her findings and engage in a conversation with Professor of Public Policy & Governance, Azim Premji University - A Narayana and Political Consultant, Gender & Civic Activist - Tara Krishnaswamy. This is an excerpt from a conversation that took place in the BIC premises in April 2024. Subscribe to the BIC Talks Podcast on your favorite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.

On the eve of the 2024 general election, electoral bonds have been thrust into the spotlight, representing a focal point in discussions surrounding political financing in India. These bonds, introduced as a means to ostensibly bring transparency to political funding, have instead been criticised for exacerbating the problem by allowing for anonymous and unrestricted donations to political parties. It leads to the question of what exactly the cost is of fighting an election and what it means for the future of India’s democracy. In this episode of BIC Talks, Prof. Trilochan Sastry, founder-member of the Association for Democratic Reforms - a petitioner in the electoral bonds case in the Supreme Court, Brijesh Kalappa who has contested a state election and T.M. Veeraraghav who has covered politics for 25 years will discuss elections, money and sources of funding in Indian politics. This is an excerpt from a conversation that took place in the BIC premises in March 2024. Subscribe to the BIC Talks Podcast on your favorite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.

Misinformation and fake news pose significant challenges in the electoral context in India, influencing public opinion, political discourse, and ultimately, democratic processes. With the widespread use of social media and messaging platforms, false narratives can spread rapidly, often targeting specific communities or political factions. This phenomenon not only undermines the credibility of information but also exacerbates societal divisions and hampers informed decision-making among voters. In India, where diverse perspectives and identities intersect, the proliferation of misinformation can further polarise communities and distort electoral outcomes. Love Jihad and Other Fictions is a book that debunks the viral falsehoods tearing India apart. Co-authored by three award-winning journalists – Sreenivasan Jain, Supriya Sharma and Mariyam Alavi – the book interrogates inflammatory conspiracy theories centred around the assertion that India’s minorities are plotting to weaken Hindus. Once confined to the fringe, these claims are today amplified by politicians, the mainstream media, and countless social media posts, a trend likely to accelerate as the Lok Sabha election approaches. A book like this, which debunks these divisive theories through hard nosed journalistic scrutiny, has never felt more timely. In this episode of BIC Talks, the authors of the book, Sreenivasan Jain and Supriya Sharma, along with Vasu HV from Eedina.com are in conversation with Journalist, Dhanya Rajendran. This is an excerpt from a conversation that took place in the BIC premises in March 2024. Subscribe to the BIC Talks Podcast on your favorite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.  

"The Gift That Keeps Giving," is a special five-part BIC Talks mini-series on the life and work of A.K. Ramanujan. Join us as we venture into the rich tapestry of Ramanujan's legacy, featuring exclusive interviews with writers, artists, and scholars who share a profound connection with his work. With each episode, we unravel the enduring impact of Ramanujan’s poetry, translations, and scholarship, providing insights into the creative spirit that continues to inspire generations. Discover the man whose intellectual contributions remain a perpetual gift to the world of literature, art, and academic thought. The fifth episode, "The Folklorist and His Legend," delves into A.K. Ramanujan's groundbreaking work as a folklorist, highlighting his dedication to preserving and interpreting the rich folklore traditions of South Asia. Through his meticulous collection and insightful analysis of folk tales, songs, and rituals, Ramanujan revealed the complex layers of meaning and cultural significance embedded in these oral traditions. Featuring interviews with anthropologists, folklorists, and those who were directly influenced by his work, this episode uncovers the ways in which Ramanujan's scholarship has shaped our understanding of folklore as a vibrant, living form of cultural expression. We celebrate Ramanujan's legacy as a folklorist who not only documented these stories but also illuminated their enduring relevance and power, cementing his status as a legend in the field. Subscribe to the BIC Talks Podcast on your favourite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.      

"The Gift That Keeps Giving," is a special five-part BIC Talks mini-series on the life and work of AK Ramanujan. Join us as we venture into the rich tapestry of Ramanujan's legacy, featuring exclusive interviews with writers, artists, and scholars who share a profound connection with his work. With each episode, we unravel the enduring impact of Ramanujan’s poetry, translations, and scholarship, providing insights into the creative spirit that continues to inspire generations. Discover the man whose intellectual contributions remain a perpetual gift to the world of literature, art, and academic thought. The fourth episode, "The Poet," casts a spotlight on AK Ramanujan's profound contributions to poetry, showcasing his extraordinary talent for capturing the complexities of human emotion and experience. It delves into his poetic universe, where each verse weaves together the personal and the universal, the contemporary and the timeless. Featuring readings of his most celebrated poems and insights from fellow poets and literary critics, this episode reveals the layers of meaning and the linguistic mastery that mark Ramanujan's poetry as a vital part of his legacy. "The Poet" invites listeners to experience the beauty and depth of Ramanujan's work, highlighting his enduring influence on the literary world. Subscribe to the BIC Talks Podcast on your favourite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.

"The Gift That Keeps Giving," is a special five-part BIC Talks mini-series on the life and work of A.K. Ramanujan. Join us as we venture into the rich tapestry of Ramanujan's legacy, featuring exclusive interviews with writers, artists, and scholars who share a profound connection with his work. With each episode, we unravel the enduring impact of Ramanujan’s poetry, translations, and scholarship, providing insights into the creative spirit that continues to inspire generations. Discover the man whose intellectual contributions remain a perpetual gift to the world of literature, art, and academic thought. The third episode, "The Translator and the Teacher," explores A.K. Ramanujan's dual roles as a masterful translator and an inspiring educator. It delves into how his translations bridged linguistic and cultural divides, bringing ancient texts to life for modern audiences, while his teaching ignited a passion for learning and discovery in his students. Through personal anecdotes and insights from literary experts, we uncover the depth of Ramanujan's impact, showcasing his ability to connect deeply with both the texts he translated and the minds he shaped. This episode celebrates the legacy of a scholar whose work and teaching continue to influence and inspire long after his time. Subscribe to the BIC Talks Podcast on your favourite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.  

"The Gift That Keeps Giving," is a special five-part BIC Talks mini-series on the life and work of A.K. Ramanujan. Join us as we venture into the rich tapestry of Ramanujan's legacy, featuring exclusive interviews with writers, artists, and scholars who share a profound connection with his work. With each episode, we unravel the enduring impact of Ramanujan’s poetry, translations, and scholarship, providing insights into the creative spirit that continues to inspire generations. Discover the man whose intellectual contributions remain a perpetual gift to the world of literature, art, and academic thought. In the second episode, we delve into A.K. Ramanujan's vast intellectual landscape, exploring his unique ability to weave together the ancient and the modern through his translations and scholarship. This journey illuminates how Ramanujan's work serves as a bridge across cultures, uncovering universal human experiences within the rich tapestries of folklore, mythology, and literary traditions. Through engaging discussions with scholars and admirers, we celebrate Ramanujan's profound insight and boundless curiosity, inviting listeners to experience the world through his visionary lens, where every text and tradition opens new vistas of understanding and connection. Subscribe to the BIC Talks Podcast on your favourite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.    

"The Gift That Keeps Giving," is a special five-part BIC Talks mini-series on the life and work of A.K. Ramanujan. Join us as we venture into the rich tapestry of Ramanujan's legacy, featuring exclusive interviews with writers, artists, and scholars who share a profound connection with his work. With each episode, we unravel the enduring impact of Ramanujan’s poetry, translations, and scholarship, providing insights into the creative spirit that continues to inspire generations. Discover the man whose intellectual contributions remain a perpetual gift to the world of literature, art, and academic thought. The first episode, offers an intimate narrative through the eyes of a fictional, yet relatable reader, tracing their transformative encounter with the brilliance of AK Ramanujan. This opening chapter invites listeners to embark on their own voyage of discovery, tracing the contours of Ramanujan's intellectual landscapes and delving into the essence of his work that continues to enchant and enlighten. Join us as we begin this exploration into the life and legacy of a man whose contributions are a ceaseless source of inspiration and wonder. Subscribe to the BIC Talks Podcast on your favourite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.          

As the pillars of democracy crumble across the globe, big and small actions of resistance prop up hope and keep alive a way to rebuild. In the past few decades, ordinary folk in India have stood up to repressive state authority over and over again. Their vital acts of hope preserve the collective spirit of resistance and unwavering resilience necessary to continue the fight for democracy. Audacious Hope is an archive of these struggles, including the protests that united farmers across state borders in 2020 and the national outcry following the controversial CAA legislation. From the myriad ways people came to the aid of their fellow citizens during the pandemic to the testing of free-speech boundaries by cultural activists, this book undertakes the task of documenting resistance in its many forms. The author, Indrajit Roy challenges the reader with his account of how a proud people are battling to save their beloved democracy. The question is, how can we, through individual and collective action, resist authoritarianism, casteism and majoritarianism? The answer is, of course, through the audacity of hope. In this episode of BIC Talks, Indrajit is in conversation with journalist and editor Prem Panicker. This is an excerpt from a conversation that took place in the BIC premises in February 2024. Subscribe to the BIC Talks Podcast on your favourite podcast app! BIC Talks is available everywhere, including Apple Podcasts, Spotify, Google Podcasts, Castbox, Overcast, Audible and Amazon Music.