India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Debt payments are consuming more of government spending in poor countries when they were already struggling to provide education and health services. On average, the poorest countries spend just 3% of GDP on their most vulnerable citizens – compared with an average of 26% for other economies.
The IMF’s insistence that Sri Lanka reduce its domestic debt will only end up reducing the value of citizens’ savings tied up in retirement funds. Also: “Thousands Protest Sri Lankan Government’s Attacks on Welfare Subsidies”.
Not long ago, it was predicted that the next wars would be for water. In today’s Uruguay, a battle is being waged within this war against the commodification and exploitation of water resources, which are being being valued more than life.
Neoliberalism and its privatisations bring no solution to the serious problems posed by global warming, but only take advantage of it to increase their profits and their power over society’s decisions.
The question we should be asking isn’t whether AI can replace humans. It should be: why are some humans so intent on replacing the jobs that the rest of us hold, with AI? Even further, why do we live in a world where we lack so much control over our destinies in the first place?
Historians calculated the staggering value of colonial profit for Willem III (also king of England, Ireland and Scotland), Willem IV and Willem V for a report published at the request of the Dutch parliament last week before a widely expected apology over slavery from the Dutch king.
Workers in fashion’s supply chain are reeling from widespread layoffs and incidents of wage theft. One worker employed by a garment factory in Malaysia breaks down the hour-by-hour reality of producing ever more stock for profit-hungry brands.
All the warning lights are flashing: there is a very significant economic slowdown without any reduction in greenhouse gas emissions and other environmental damage; the drastic effects of the ecological crisis, especially as manifested by climate; a huge increase in public and private debt …
A review of Kohei Saito’s book ‘Marx in the Anthropocene: Towards the Idea of Degrowth Communism’. Also: “Critical Comments on Kohei Saito’s View of ‘Degrowth Communism’”.
After Sri Lanka and Pakistan, Bangladesh has become the third country in our neighbourhood to become afflicted by a serious economic crisis.
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