No public servant or legislator can claim any privacy to take money for conducting their official functions. Prashant Bhushan Read Quote
Since environmental and health damage is not factored into reducing GDP – and in fact the resulting health costs and the costs of cleaning up the environment would also inflate GDP, a GDP obsessed government would try and dismantle environmental and health regulations. Prashant Bhushan Read Quote
It is argued by our GDP obsessed policy planners that eventually the money being made by the stock market operators or the IT industry would trickle down to the poor farmers in terms of ancillary jobs that would be created. But the fact is, that this has not happened, despite the boom in the stock market and the IT industry. Prashant Bhushan Read Quote
When a few people control the bulk of money, they can not only influence elections by money power – which enables various forms of advertising and propaganda campaigns – they can also corrupt and misuse all institutions of the state to influence elections. Prashant Bhushan Read Quote
During Manmohan Singh’s formative years, it was a matter of great pride to be called to the Indian Civil Service for serving the Empire. Prashant Bhushan Read Quote
It is this obsession with GDP and FDI growth and a facile belief that this growth in the GDP would trickle down to the poor as well, that has led to the neglect of the genuine concerns of the poor in the country. Prashant Bhushan Read Quote
Stiglitz is not a Left economist. Indeed, it would be difficult to find a more authentic insider and establishment figure than Stiglitz. Prashant Bhushan Read Quote
Joseph Stiglitz was the chief economist of the World Bank for three years till January 2000. Before that he was the chairman of President Clinton’s Council of Economic Advisers. No one can speak more authoritatively or with greater inside knowledge about the functioning of the Washington consensus institutions. Prashant Bhushan Read Quote
Over the years, the judiciary has expanded its own powers by creative interpretations of the Constitution, particularly Article 21 which guarantees the right to life. This has been interpreted by the Supreme Court to include the right to a healthy environment, to health, primary education, livelihood and shelter. Prashant Bhushan Read Quote