India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Ingrid Harvold Kvangraven This week it was announced that Abhijit Banerjee, Esther Duflo and Michael Kremer won the Economics Nobel Prize (or more accurately: the ‘Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel’). The trio of economists were awarded the prize for “their experimental approach to alleviating global poverty”. On social media…
Michael A. Lebowitz (This essay was originally presented as a talk on December 3, 2004, at the World Encounter of Intellectuals and Artists in Defense of Humanity, in Caracas, Venezuela.) There is an old saying that if you don’t know where you want to go, then any road will take you there. I think that…
Tricontinental: Institute for Social Research It is not sufficient to know that workers are exploited, or to demand higher wages within a capitalist system: it is necessary to have a framework to understand more deeply the injustices that we see in places like Foxconn factories, where long workdays and unsafe working conditions are the norm….
Text of Bolivian President Evo Morales’ speech to the United Nations General Assembly, September 24, 2019. Brother President of the United Nations General Assembly, Tijjani Muhammad Bande. Brother Secretary General of the United Nations, Antonio Guterres. Sisters and brothers Presidents, Chancellors and Delegates Sisters and brothers of the International Organizations and all the peoples of…
The hallmark of a systemic, as distinct from a cyclical or sporadic, crisis of capitalism is that every effort to resolve the crisis within the broad confines of the system, defined in terms of its prevailing class configuration, only worsens the crisis. It is in this sense that neoliberal capitalism has now entered a systemic…
Recently, the Federal Reserve of the USA released a new data series called the Distributive Financial Accounts, which provide quarterly estimates of the distribution of wealth in America. The series goes back to 1989, and runs to the fourth quarter of 2018. The insights of this new data series are many, but for this…
16 August, 2019: Markets around the world fell yesterday in response to the biggest fall on Wall Street for the year on August 14, amid further indications from bond markets and production data that the global economy is moving into recession. In response to the Wall Street decline, markets in Asia fell, with Japan’s Topix…
The debate over inequality has become hotter world-wide. While Trump had introduced substantial tax cuts for the rich in 2017, and Britain’s Boris Johnson, the front-runner to succeed Teresa May, has promised to do the same if he becomes Prime Minister, there are strong proposals for taxing the rich which have also been mooted. Bernie…
A global super-rich elite has exploited gaps in cross-border tax rules to hide an extraordinary $21 trillion of wealth offshore—as much as the American and Japanese GDPs put together—according to research commissioned by the campaign group Tax Justice Network. James Henry, former chief economist at consultancy McKinsey and an expert on tax havens, has compiled…
Less than two decades into the twenty-first century, it is evident that capitalism has failed as a social system. The world is mired in economic stagnation, financialisation, and the most extreme inequality in human history, accompanied by mass unemployment and underemployment, precariousness, poverty, hunger, wasted output and lives, and what at this point can only…
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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