Understanding Money and the Dollar System with Radhika Desai & Michael Hudson
Economists Radhika Desai and Michael Hudson explain the relations between money and debt, their role in imperialism, and the rise of the US dollar system.
India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Economists Radhika Desai and Michael Hudson explain the relations between money and debt, their role in imperialism, and the rise of the US dollar system.
On October 27, 1962, Soviet naval officer Vasily Arkhipov helped prevent the outbreak of World War III and saved humanity from nuclear catastrophe.
Although Netaji was not around when independent India embarked on its five-year plans in the 1950s, it is obvious that the work of the Planning Committee he co-founded had been the pathfinder.
His work is two-sided (or contradictory). Sen punches big holes in mainstream explanations for manifestations of poverty and deprivation that are caused, often directly, by capitalist development. And at the same time, Sen sets out a vision of development that promotes the expansion of capitalist markets.
The Economic Survey claims that India has managed the past year very well in external terms, actually increasing its share of world exports. How much of this self-congratulation and optimism is actually warranted?
Will 2017’s nightmare year for India’s IT industry return in 2023?
India, the world’s second-largest sugar producer, has started to turn its surplus into bioethanol as it strives to lower energy costs and meet climate pledges. However, this ignores greenhouse gas emissions embedded in the ethanol supply chain. There are also several other problems.
This year, 2023 will mark the fiftieth anniversary of the historic Chipko Movement, in which vilagers were involved in protecting trees in natural forests from being axed by contractors or government agencies, in the bargain asserting more local rights over forests.
Davis says Malcolm X’s legacy is still vital to understanding racism, power and justice in the United States and beyond.
The US claim that it had achieved “ignition” in nuclear fusion is being hailed as a step into a fossil fuel-free energy future. However, generating electrical power from fusion commercially or at an industrial scale is likely unattainable in the near future; this experiment will only help the US further develop its destructive nuclear weapons arsenal.
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