Nishanth Bala
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read (146)
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economics (711)
politics (518)
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“The annual budget is a much better reflection of a country's morality than its constitution. You put more money into repression, police, military... and so little to taking care of human troubles”
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“When the volume of debt has grown as large as national income or GDP, and when it bears an interest rate (typically 5%) above the economy’s rate of growth (typically just 1% to 2%), then all the growth in national income is taken by the creditors.”
― J Is for Junk Economics: A Guide to Reality in an Age of Deception
― J Is for Junk Economics: A Guide to Reality in an Age of Deception
“We owe everything we are to others. This is simply true. The language we speak and even think in , our habits and opinions , the kind of food we like to eat, the knowledge that makes our lights switch on and toilets flush, even the style in which we carry out our gestures of defiance and rebellion against social conventions. All of this we learned from other people , most of them long dead. Does it make sense to think of all this as debt we we to others ?”
― Debt: The First 5,000 Years
― Debt: The First 5,000 Years
“GDP growth is, ultimately, an indicator of the welfare of capitalism. That we have all come to see it as a proxy for the welfare of humans represents an extraordinary ideological coup”
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“As a mutant form of capitalism, neoliberalism transforms workers into entrepreneurs. It is not communist revolution that is now abolishing the allo-exploited working class - instead, neoliberalism is in the course of doing so. Today, everyone is an auto-exploiting labourer in his or her own enterprise. People are now master and slave in one. Even class struggle has transformed into an inner struggle against oneself.”
― Psychopolitics: Neoliberalism and New Technologies of Power
― Psychopolitics: Neoliberalism and New Technologies of Power
Marx's Capital Volumes I, II, III (Study Group - 2020 and beyond)
— 370 members
— last activity Jan 06, 2026 05:51AM
We see symptoms of crises all around us, from the immediate "public health" pandemic of COVID19 to repeated "financial" crises to escalating "environm ...more
Bangalore bookworms and bibliophiles (BBB)
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— last activity Dec 26, 2025 08:23AM
A place for book lovers of Bangalore to meet, connect and have conversations (online and real life!) Just discussion about books! By book lovers! No ...more
Kannada Book Readers
— 411 members
— last activity May 20, 2026 07:38AM
Kannada Book Readers Group: For All, interested in reading Kannada books, here is a place to share, discuss, review books on Kannada. The very fact ...more
Nishanth’s 2025 Year in Books
Take a look at Nishanth’s Year in Books, including some fun facts about their reading.
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