India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
C.P. Chandrasekhar In a show of solidarity, some of India’s opposition leaders have declared the much-delayed relief package (titled Pradhan Mantri Garib Kalyan Yojana) announced by Finance Minister Nirmala Sitharaman on March 26 to mitigate the effects of the Coronavirus pandemic on the poor as a welcome “first step”. But any serious scrutiny of the…
Yves Smith There are so many wheels coming off that analysts and the business press is on coronavirus crisis overload. And unlike 2008, the Fed can’t save anyone from the Grim Reaper. Due to being time constrained, we’ll give only a broad brush treatment. As bad as things look, the press is oddly underplaying…
Jayati Ghosh Pandemics like COVID-19, alarming and destructive as they are, can serve a useful purpose if they remind everyone of the critical importance of public health. When a contagious disease strikes, even a society’s most protected elites must worry about the health of neglected populations. Those who have advocated privatisation and cost-cutting measures…
Anjan Basu The most astonishing thing about the Yes Bank crisis is that everyone knew it was coming, and yet everyone seems to have been taken by surprise when it did arrive. Consider the circumstances. Rana Kapoor, the private sector lender’s founder–CEO, was ejected out of his position in January 2019, after a…
Prabhat Patnaik Changes in estimation methods have of late made statistics on the Indian economy increasingly bewildering; besides, whenever the statistics show the performance of the economy in a poor light, the BJP government simply suppresses them. Nothing however can suppress the fact that the Indian economy is sliding into a serious state of…
Eric Toussaint Over the last ten years Greece has been a prime example of how a country and a people can be deprived of their liberty through clearly illegitimate debt. Since the 19th century, from Latin America to China, Haiti, Greece, Tunisia, Egypt and the Ottoman Empire public debt has been used as a…
Prabhat Patnaik It is in the nature of capitalism to have “over-production crises”, i.e., crises arising from “over-production” relative to demand. “Over-production” does not mean that more and more goods keep getting produced relative to demand, so that unsold stocks keep piling up. This may happen only for a brief period in the beginning;…
Shilpa Shaji Finance Minister Nirmala Sitharaman’s announcement during the presentation of Budget 2020–21 proposing sale of a part of its holdings in Life Insurance Corporation (LIC) has invited much criticism from the employees’ unions within the public sector undertaking (PSU) and the civil society. So far, the government’s proposal stands at the sale of…
Courtesy: Newsclick A recent analysis of official data reveals that workers in India across all types of occupations have been suffering a deadly squeeze on their incomes as inflation-adjusted wages have been barely increasing, or even declining for the past several years. This has not only devastated the living standards of already ill-paid workers…
Jason Hickel In my research I have argued that rising global inequality is driven in large part by power imbalances in the global economy, in that rich countries have disproportionate influence when it comes to setting the rules of international trade and finance. Nowhere is this problem more apparent than when it comes…
Janata Weekly is India’s oldest independent socialist weekly.
Ever since its founding in 1946, Janata has voiced its principled dissent against all conduct and practice that is detrimental to the cherished values of nationalism, democracy, secularism and socialism, while upholding the integrity and the ethical norms of healthy journalism. For more than seventy years now, week after week, it has continued to analyse the changes taking place in the country and the world from a socialist standpoint, and thus promote the spread of socialist ideology in the country.
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