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True freedom requires transcending capitalism, says Prabhat Patnaik

Prominent economist Prabhat Patnaik speaking at a meeting in Vijayawada. | Photo Credit: HANDOUT Capitalism cannot ensure individual freedom because all agents act under systemic compulsion. True freedom requires transcending capitalism, by creating a system based on collective ownership and genuine cooperation, free from economic coercion and alienation, said Marxian economist and political commentator Prabhat…

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10745 24 10 2025 23 8 21 1 img 20251024 wa0213.jpg

True freedom requires transcending capitalism, says Prabhat Patnaik

Prominent economist Prabhat Patnaik speaking at a meeting in Vijayawada. | Photo Credit: HANDOUT Capitalism cannot ensure individual freedom because all agents act under systemic compulsion. True freedom requires transcending capitalism, by creating a system based on collective ownership and genuine cooperation, free from economic coercion and alienation, said Marxian economist and political commentator Prabhat…

Read More