Standard textbook microeconomics does not tell us anything about whether industrial firms have direct control over all production (vertical integration) or why they

From rudimentary records of animal and food stock in the Sumerian era to complex modern-day records of business transactions, accounting has come a

‘Ye Mai Kar leta hoon, tab tak aap Dream11 pe team bana lo’ – We all remember this catchy jingle which stormed the

When the factory system came into existence in the 19th century, ushering in centralised control of production operations, the capitalist employers were confronted

Perfect competition is no competition. It is a bricolage of imagination of the neoclassical economists. By contrast, what is real—antagonistic and turbulent—competition within

The employers in capitalism go to the extremes to evade the costs of safe and healthy workplaces. The working class is hit with