Spending is the Easiest Way to Revive the Economy
Money needs to be given out to people; cash in hand, is at the core of restarting the economy.
India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Money needs to be given out to people; cash in hand, is at the core of restarting the economy.
In the name of labour reforms, the conditions of the working classes are being pushed to even worse than they were during the colonial era.
As we move through this crisis, we see the tragedy of the rich superpower with its privatized, dysfunctional health care system failing its people, while its impoverished neighbor–under constant attack from the superpower–reaches out to help the world. Three articles.
The authors compare the responses to COVID-19 across the world and how the pandemic impacts US hegemony.
The crisis is proof that we need to get rid of the capitalist system and usher in a society based on human need, not corporate profits, in which public health is put above “the economy”.
The policy paper had also suggested raising income tax rates for those who earn over Rs 1 crore a year to raise resources needed to battle the economic damage done by a national lockdown.
Government is keen to restrict spending on corona relief to placate international capital.
In the conditions created by the COVID-19 pandemic, the truth of Marx’s claim, that it’s the labour of workers, and not the supposed intelligence and entrepreneurial spirit of bosses, that keeps society running, has been brought into sharp relief.
Prominent activists, intellectuals, academicians release an online petition for signatures from people to mount pressure on the government to tax the rich to finance much needed relief measures and improvement of health services.
Foster says that Trump’s handling of the pandemic catastrophe only buttresses his argument that Donald Trump’s presidency represents the resurrection of fascism in the United States.
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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