3 Review(s)

Ever wondered why the rupee struggles or how colonial policies still echo in India’s economy today? Dive into "The Problem of the Rupee", where Dr. B.R. Ambedkar— visionary leader, economist, and architect of India’s Constitution—unravels the tangled history of India’s currency with the sharpness of a scholar and the clarity of a reformer.Written as his thesis at the London School of Economics, this isn’t just a dry economic study. It’s a bold critique of how British financial policies drained India’s wealth, a deep dive into the gold standard debate, and a powerful argument for monetary sovereignty. With meticulous research and piercing insight, Dr. Ambedkar exposes the systems that kept India economically shackled—while laying bare ideas that remain startlingly relevant even today.More than numbers and theories, this book reflects Dr. Ambedkar’s lifelong mission: to dissect inequality, challenge oppressive structures, and empower the marginalized through knowledge. Whether you’re a student of history, an economics enthusiast, or simply curious about India’s financial past, "The Problem of the Rupee" will make you rethink money, power, and justice.The Deccan Sabha of Poona invited me to deliver an address on the 101st birthday of the late Justice Mahadev Govind Ranade, celebrated on January 18, 1943. Though initially hesitant, I accepted the invitation despite knowing my views on social and political issues might not be well-received.I had no intention of publishing the address as such speeches often have little lasting value. However, persistent friends insisted on its publication, believing it should not be forgotten. Thus, the printed address differs slightly from the delivered one due to time constraints and paper shortages.The publication's circumstances are unusual, with reviews harshly criticizing the address even before its release. This is mainly an issue for the publishers, but it also underscores the address's lasting value. My criticism of Mr. Gandhi and Mr. Jinnah, which some interpret as hatred, has been particularly controversial. However, my critiques are rooted in a desire for political settlement and justice, not personal animosity.The Congress Press, which consistently misrepresents and criticizes me, is the primary source of condemnation. I believe this animosity reflects broader societal prejudices. Nonetheless, I remain committed to my duties, prioritizing India's well-being over idolization of any individual. True nationalism requires recognizing that the country is greater than any single person.- Dr. B. R. Ambedkar