India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Hunger has continued to be an all-American reality decade after decade, in good economies and bad, even though food should be a basic right. It’s a problem that, in possibly the world’s richest country, no one has been able to solve. Why is that?
In this second part of this year’s budget analysis, we take a look at the economic situation in the country, in the background of which the FM presented her budget.
The Pentagon has rolled out its proposed budget for Fiscal Year 2024: a stunning $842 billion. That’s the highest level requested since World War II, except for the peak moment of the Afghan and Iraq wars, when the United States had nearly 200,000 troops deployed in those two countries.
So is it all over? Well, it ain’t over til it’s over. The latest Fed data from show that U.S. banks lost $100bn in deposits in one week. Since the crisis started three weeks ago, while the large U.S. banks have added $67bn, the small banks have lost $120bn and foreign-owned banks $45bn.
Global supply chains represent the latest phase of organized capitalist expansion and exploitation, and the resilience agenda aims to fortify these relations.
An excerpt from Dhirendra K Jha’s book, ‘Shadow Armies: Fringe Organizations and Foot Soldiers of Hindutva’ that is based on the Bhonsala Military School (BMS). The school provides military education to young Hindus.
The US is divesting from working people and investing in banks and venture capitalists, to the tune of hundreds of billions of dollars.
The agreement announced on Friday in Beijing regarding the normalisation of diplomatic relations between Saudi Arabia and Iran is a historic event. China’s mediation signifies that we are witnessing a profound shift of the tectonic plates in the geopolitics of the 21st century.
The world’s biggest food corporations in grain, fertiliser, meat and dairy sectors paid $53.5 billion to shareholders in 2020-22, while the number of people facing food insecurity increased from 135 million in 53 countries to 345 million in 82 countries over the same period.
This marginalization of the rural economy is a result of the policymakers’ focus being on the organized part. No wonder the agriculture sector which provides the most important item of consumption — food — has been marginalized.
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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