Jobs crisis undermines state legitimacy
• India’s job shortage is a significant issue, with many unpaid, informal jobs and a low unemployment rate.
• The lack of quality employment, especially among youth, threatens the economy and the legitimacy of the state.
• The political problem lies in providing people with dignity and purpose, and means for financial support.
• The liberal and capitalist package deal has prioritized work over traditional community sources, leading to a lack of community and political engagement.
• The elite’s control over societal discourse and decision-making, which brings substantial financial rewards, is causing a lack of dignity and financial security among the population.
• The political response to this issue has been inadequate, oscillating between market forces and short-term partisanship.
• The universal basic income (UBI) is a solution, but it is inherently inequal and an assault on human dignity.
• UBI could shift focus from structural reforms to mere economic transfers, entrenching elite power and recasting the state as a mere fund distributor.
• Addressing structural issues is crucial for the future of Indian democracy and the continued relevance of political institutions.
• The failure to anticipate and address long-term structural issues is a key reason why people feel neglected by the political class.
• Political parties must provide meaningful leadership by addressing structural issues head-on without resorting to deflection or partisanship.