PRAGOTI

Coalition politics is both necessary and inevitable in India at the current juncture not only because of this diversity, but because of the very obvious failures and apparent of the two major parties. These parties have essentially chosen to follow neoliberal economic policies that have dramatically increased economic inequalities, caused widespread agrarian distress, and made material lives more fragile and insecure for most workers.The emergence of a viable third alternative in Indian politics is therefore a matter of historical inevitability. Economist and professor Jayati Ghosh writes exclusively for Pragoti on the need for the "third alternative".