Browsing by Author "Prof Sandip Rahul"

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    Governing Voices: Exploring Mill's Vision
    (2024-05) Prof Sandip Rahul
    Discover John Stuart Mill’s 'Representative Government,' focusing on democracy, liberty, and participation. This podcast explores Mill’s ideas on balancing individual freedom with collective decision-making, the significance of proper representation, and the challenges of ensuring democracy truly represents the people. Join us for lively discussions, debates, and valuable insights into a foundational political science text. Perfect for students, thinkers, and those interested in governance.
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    Unpacking Surplus Value: Marx's Theory of Surplus Value
    (2024-05) Prof Sandip Rahul
    Karl Marx's Theory of Surplus Value is central to his critique of capitalism, mainly discussed in Das Kapital. Marx argued that a commodity's value is determined by the socially necessary labour time required for its production. Workers receive wages that cover their necessary labour—the cost of their labour power—but they generate more value than they are paid for, and this extra is surplus value. Capitalists acquire surplus value by owning the means of production, paying workers less than the value they create, and retaining the difference as profit. Marx contended that this process results in labour exploitation and serves as a key driver of capitalist accumulation and class struggle. The theory emphasizes the conflict between labour and capital, making it a vital element of Marx's economic analysis.