India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
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…
(We are printing this warning delivered by Fidel Castro in a speech to the 1992 Earth Summit in Rio Di Janeiro in the context of the fires now engulfing the forests of Amazonia.) Mr. UN Secretary General Boutros Boutros-Ghali; Your Excellencies; An important biological species is in danger of disappearing due to the fast and…
It won’t be an exaggeration to say Kashmir is the worst conflict area in the world. Look anywhere else in the world where there are conflicts, there is no communication crack down. From Gaza to West Papua, from Hong Kong to the Yellow Vests in France … the world knows what’s happening there. However in…
On October 20, 2012, less than two weeks after being reelected to his fourth term as Venezuelan president and only months before his death, Hugo Chávez delivered his crucial El Golpe de Timón (“Strike at the Helm”) speech to the first meeting of his ministers in the new revolutionary cycle. Chávez surprised even some of…
Twenty-first-century capitalist production can no longer be understood as a mere aggregation of national economies, to be analysed simply in terms of the gross national products (GDPs) of the separate economies and the trade and capital exchanges occurring between them. Rather, it is increasingly organised in global commodity chains (also known as global supply…
There are stories that are unrelated to the news, but can explain much better than many combat reports, why people like me are fighting against the Empire and imperialism, with such determination and vehemence. Not all stories are ‘big’ or ‘heroic’; not all include famous people or iconic struggles. Not all take place on battlefields….
Ever since Imran Khan became the 22nd Prime Minister of Pakistan in August 2018, the winds have changed. While his predecessors, though generally leaning eastwards, have often wavered between the US and the China orbit, Khan is in the process of clearly defining his alliances with the east, in particular China. A few days ago,…
After appointing an ex-IMF official as Finance Minister and another ex-IMF official as State Bank of Pakistan Governor, the government of Pakistan has assured the International Monetary Fund (IMF) of increasing electricity and gas prices and to eliminate the subsidy given to the consumers. At the same time, at the IMF demand, the government would…
Everything about the trade war between the United States and China is bewildering. The world’s two largest economies entered a titanic struggle with harsh words and high tariffs, sending shudders through the global economy. Hundreds of billions of dollars of goods on either side stood before tariff walls that seemed unbreachable. Truces would come out…
The people of Puerto Rico have had enough. Over the past couple of days, the Boriquen people on the island and across the diaspora have been mobilising en masse to demand the resignation of governor Ricardo Rosselló, and strengthening calls for the decolonisation of the island. Today (July 17), in San Juan, organisations have…
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