India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
The BRICS Bank is a young institution compared to the World Bank, but it has considerable financial resources and will need to be innovative in providing assistance that does not lead to endemic debt. Whether it will be able to break with the IMF’s orthodoxy is yet to be seen.
This essay is based on the preface to a Turkish translation of ‘Socialism or Barbarism: From the “American Century” to the Crossroads’ by István Mészáros. It was written prior to the U.S. invasion of Iraq.
In 2016, the annual financing required to achieve a safe drinking water supply throughout the world was estimated to cost $114 billion, which amounts to less than half of today’s roughly $270 billion global annual bottled water sales.
Contrasting images come to mind when it comes to hunger and climate: a world in which a child under age ten dies of hunger every five seconds and the oligarchs of agri-food and finance decide every day who on this planet will die and who will live. This article is about loss of both morality and of thinking.
For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. Much of the planet is preparing for a future in which the U.S. dollar will be far less important than it is right now.
For more than a century after the Civil War, the treatment of Black Americans was so horrific that it is easy to see why these atrocities were left out of textbooks.
President Emmanuel Macron has impose his pensions bill by decree, thus avoiding a parliamentary vote he would have lost. It has led to spontaneous demonstrations across France. The lower house of the Parliament is also set to vote on a motion of no confidence in the government.
Germany benefited from the cancellation of most of its debt in 1953, which was instrumental in helping the country regain its position as a leading economic power. Since then, no other country has received such favourable treatment. A discussion on the why and how of this debt cancellation.
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.
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.
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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