The End of Dollar Hegemony
This interview focuses on the impact of US sanctions and Russian countersanctions on the position of the dollar and US economic power.
Revisiting Marx on Race, Capitalism, and Revolution
Did Karl Marx have a theory of race and capitalism? Not exactly, but he theorized on these issues for over four decades and much of what he wrote still speaks to us today. At a time of global and U.S. struggles for liberation in the face of a deeply racialized fascist threat, these writings are worth revisiting.
In Malerkotla, One Can Find the Vestiges of India’s Forgotten History of Tolerance
The senseless and relentless march of violence has made us forget who we are and how we have lived, worked and prayed together for centuries.
Unfair Share: India Is in Deep Denial About Inequality
“Either we all live in a decent world, or nobody does,” George Orwell once stated. Redistribution is an essential function of government—redistribution from the rich to the poor. Today, many governments—not just in India—resist or even prevent redistribution of resources to the poor.
Capitalism | Online Blog | USA
Chomsky: US Push to “Reign Supreme” Stokes the Ukraine Conflict
In this interview, world-renowned public intellectual Noam Chomsky delves into the phenomenon of irrational political panics in the U.S., with an emphasis on current developments on the foreign policy front — and the dangers of seeking to maintain global hegemony in a multipolar world.
Finland’s Education System Shows How Many Government Programs Can Work Better
Finland’s education system borrows the best from both capitalism and socialism. The government pays from the tax system, and the people, whether rich or poor, get the same education.
What Drives Sea Level Rise?
Sea levels are rising, and that will bring profound flood risks to large parts of the Gulf and Atlantic coasts over the next three decades. A quick explanation of two main ways global warming is affecting ocean levels and their threat to the coasts.
Gig Workers Get a Raw Deal in Pandemic Period
They are workers but without any formal “employment”. They might sport Zomato or Swiggy t-shirts and caps. But they are not their workers. Nor are these firms their employers. They have a new name—they are called gig workers. They work and live under precarious conditions.
Co-Lending: A Double Deal for Recolonising Peasantry, Helping Corporate Cronies
Through “nationalised banks-NBFC” deals, the Modi government is trying to achieve what the three farm laws could not achieve.
As the Mega LIC IPO Looms, Did it Fulfill the Objectives of Nationalisation?
The arguments advanced in favour of LIC IPO by the government are that it would ensure greater accountability and transparency. But the insurer has always been accountable with an unblemished record of protecting the interests of the policyholders.