Capital Flight From Emerging Markets and its Fallout
The recent exit of portfolio capital from emerging markets exposes the vulnerabilities of the cheap money policies followed by developed countries.
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Organized Labor and the Crisis of Democracy
We live in a time when it’s become a boring cliché to say that democracy is under attack. It seems that things get bleaker every year, so much so that it can be difficult to have any hope at all. There is, however, at least one glimmer of hope for democracy: a renascent labor movement.
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At 75, Is India Behaving Like a Responsible Elder?
As India gears up to celebrate its 75th year of Independence, an examination of one of our most pressing problems, the sustainability of the natural environment on which all our lives depend.
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Capitalism | COVID19 | Employment | Indian Economy | Inflation | Poverty | Print Edition
Lies, Despair and a Grotesque Inequality Plagues Indian Economy Today
The government claims that India is on its way to becoming the fastest growing major economy in the world. It has based these claims on manipulative use of data to project a rosy picture. But there are other data sets that run contrary to the government’s claims, ones the govt doesn’t talk about.
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Corporate Capture and Plight of the People in Odisha
The government of Odisha is auctioning away thousands of acres of forest lands to corporate houses for mining projects, without the consent of the tribal people living on these lands, in gross violation of FRA and PESA. The tribal people are waging heroic struggles to defend their livelihoods.
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We Only Have One Planet—Defending It Will Require Collective Measures
We are living in historic times of deep crisis in the capitalist mode of production. We need to contribute to organizing the working people and fight in defence of our lives, the life of the planet, and the well-being of humanity. Time is short. Without mass struggle, there will be no change.
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The Global Ruling Class, Endless War, and the Culture of Mass Death
The global ruling class is cementing into place a world where they govern without accountability, we are reduced to serfdom, the climate crisis accelerates, and mass death is normalized.
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Honest History of American Independence
Interview with Black Agenda Report editor Margaret Kimberley about George Washington and Thomas Jefferson, 246 years after they signed the Declaration of Independence on July 4, 1776. She discusses the personal and institutional hypocrisy which allowed those who said, “All men are created to equal,” to be slaveholders.
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The Double Deformation
Economic exploitation is only one aspect of capitalism. The crisis of humanity and the crisis of the earth system are inseparable.
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Capital, not Finance
Unproductive finance has been creeping into the Indian economy. The consequences are the aborting of the circuits of money and production and the employment of labor. The way forward is for the working class to lay claim to the mode and relations of production through socialist, secular, democratic means.
