Why Inflation Bothers Capitalist Govts More than Unemployment
This is because such governments are blatantly subservient to the interests of the hegemony of finance, which is wary of financial assets losing value.
India’s oldest Socialist Weekly!
Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
This is because such governments are blatantly subservient to the interests of the hegemony of finance, which is wary of financial assets losing value.
The ban passed by the BJP-led government has upturned the lives of those in the beef trade.
The economy is in such dire straits: there is an urgent need for a strategy that promotes economic revival, while providing relief to the poor, and contributing to an abatement of inflation. However, the 2022-23 union budget does not even show cognizance of the problem.
Violence over identity and religion is something Indians are (unfortunately) used to. But on Tuesday, the country saw something rarer: riots over jobs.
Huxley had stated in a passage in his book that that Tolstoyans and Gandhi-ites advocate a “return to Nature” and want people to abandon science altogether and live like primitives or, at least in the medieval style.
2022 has begun with melancholy, as our country sees the pandemic reach new heights. Meanwhile our crises of climate, democracy, and inequality seem more entrenched than ever. Dr. Martin Luther King, Jr. spoke to an equally uncertain time and found hope in recognizing the necessity of radical change.
The informal sector is not made up of tax dodgers but largely of enterprises struggling to survive. It will take a structural transformation for the informal to become formal. The recent contraction of the informal was only a pandemic-induced shock.
Socialists should be clear that the cause of the climate crisis is the capitalist system and its incessant drive to accumulate profits, and that the only way to solve the crisis is to struggle for a socialist world where human need, including a sustainable relation to nature, comes before private greed.
In 1978, at Alma-Ata (USSR), countries pledged to enhance public health infrastructure. However, they not only failed to do, they also systematically undermined it by extensively privatising health care. That is one reason why the capitalist states have not been able to handle the corona crisis.
There is something problematic with advocating a 30-hour work week at the beginning of the 21st century: a 30 hour week is not short enough!
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.
Address: D-15, Ganesh Prasad, Naushir Bharucha Marg, Mumbai- 400007.
Help us increase our readership.
If you are enjoying reading Janata Weekly,
DO FORWARD THE WEEKLY MAIL to your mailing list and
invite people to subscribe for FREE!