Atul Writes

New Liberal (Neo-liberal) Capitalism and Its Impact on Society and the Economy In the latter half of the 20th century, major transformations reshaped the global economic system. These changes came to be known as New Liberal (Neo-liberal) Capitalism, an economic approach that emphasized market freedom, private enterprise, and global economic integration. After the 1980s, this economic ideology was widely adopted in the United States, many countries in Europe, and several developing nations. In India, the economic reforms introduced in 1991 through the policies of liberalization, privatization, and globalization significantly strengthened the influence of this system. These reforms changed not only economic structures but also social life, employment patterns, and environmental priorities. The Core Idea of Neo-liberal Capitalism The central principle of neo-liberal capitalism is reducing the direct role of the state in economic activities and increasing the importance of market forces. G...

If one asks, “Who is the greatest person who influenced the entire world through the path of righteousness and whose impact remains eternal across ages?”—in my view, the indisputable answer is Buddha. Even after more than two and a half millennia, the universal relevance of Lord Buddha and his philosophy has not diminished. The Tathagata, an unparalleled debater of his time, engaged in dialectical discussions with contemporary thinkers and conversed directly with the common masses, thereby spreading the noble Dhamma—the path of liberation from suffering. After Buddha’s Parinirvana, the Dhamma spread rapidly across the world. Many rulers of that era adopted and actively supported the Dhamma. Since Buddha himself did not write any scripture, systematic interpretation and codification of his teachings became necessary. Therefore, under the patronage of rulers like Ajatshatru, Kalashoka, Ashoka, and Kanishka, Buddhist Councils were organized from time to time. Later, the kings of Myanmar a...