Beyond Capital

Polemics, Critique and Analysis

Posts Tagged ‘Recession

Selling recession in garments industry

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Today I got the following flier with my newspaper. It is a blatant recognition of recession in India especially in the garments industry. It is also a shameless use of this fact to promote winter sale. A rough translation is given below.

LAST TWO DAYS

FLAT 85% DISCOUNT

DUE TO A VERY SEVERE DECLINE IN THE MARKET – THE BIGGEST DISCOUNT SALE ON BRANDED GARMENTS TODAY

BY “PUNJAB OSWAL WOOLEN GARMENT HOUSE” IN HOTEL AMALTAS, GREEN PARK, NEW DELHI

JUST 2 DAYS

THE MAIN REASON BEHIND THIS HEAVY DISCOUNT IS – FOR DIWALI, LUDHIANA PEOPLE PRODUCED A BIG QUANTITY OF HOSIERY AND WINTER GARMENTS BUT DUE TO THE SEVERE RECESSION THIS YEAR ONLY 30 PERCENT OF GARMENTS WERE SOLD. ALL REMAINING GARMENTS WILL BE SOLD FOR TWO DAYS IN GREEN PARK, NEW DELHI WITH 85 PERCENT DISCOUNT.

COTTON AND HOSIERY GARMENTS WORTH RS 400-800 FOR RS 100 ONLY TODAY

GENTS’ GARMENTS ONLY 100/-

LADIES’ GARMENTS ONLY 100/-

CHILDREN’S GARMENTS ONLY 100.-

WOOLEN GARMENTS WORTH RS 800-1500 FOR RS 200 ONLY TODAY

GENTS’ WOOLEN GARMENTS ONLY 200/-

LADIES’ WOOLEN GARMENTS ONLY 200/-

CHILDREN’S WOOLEN GARMENTS ONLY 200/

PURE WOOL EXCLUSIVE SUPER CLASS WOOLEN GARMENTS FOR LADIES, GENTS AND CHILDREN – JACKETS, SWEAT, CARDIGANS, PULLOVER, KURTI, WOOLEN TOPS, TRACK SUITS AND ALL OTHER EXCLUSIVE WOOLEN GARMENTS WORTH ONE THOUSAND TO THREE THOUSAND

FOR JUST RS 400/-

YOU NEVER SAW SO MANY VARIETIES AND SUCH LOW PRICES

IN GREEN PARK, NEW DELHI ONLY FOR TWO DAYS – TODAY AND TOMORROW

SALE LOCATION: HOTEL AMALTAS INTERNATIONAL

6 GREEN PARK MAIN, OPPOSITE HOTEL DEER PARK, NEAR SUKHMANI HOSPITAL AND ARYA SAMAJ MANDIR, GREEN PARK, NEW DELHI – 110016

SALES TIME: MORNING 10.00 TO NIGHT 9.00

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Written by Pratyush Chandra

November 22, 2017 at 1:49 am

The Economic Function of Terrorism?

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And why not? At the time when a global recession is on its way, there is a need to increase public spending to revive the economy. And Baba Keynes himself told us once – “Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better”. What is better than a war on terrorism which never ends – it will lead to a constant militarisation, and an expansion of the security and armaments industries necessary for boosting effective demand.

Is this really a conspiracy theory?

Written by Pratyush Chandra

November 29, 2008 at 11:35 pm

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