The Class Content of the Goods and Services Tax*

Oct 5th 2017, Prabhat Patnaik
In the discussions about GST, the class content of this new tax regime has been missed. Through an overall increase in the taxation of the informal sector i.e. of the petty producers and the small capitalists, it has unleashed the twin process of centralization of political authority and the centralization of capital, which in turn strengthen one another.

* This article was originally published in
People's Democracy on October 1, 2017.


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