News
Thousands of Job Cuts in the U. S. : A Capitalist Employment Reality and Rate of Profit
1+ hour, 46+ min ago (1691+ words) A number of companies in the U. S are going to cut thousands of jobs " a re-confirmation of Marxist interpretation of capitalism. At the same time, AI costs are rising in the U. S. " another re-confirmation of Marx's claim regarding capitalism. One media,…...
$4 Gasoline is Less Than Half the Story
3+ week, 1+ day ago (823+ words) Although I expected the war on Iran to be a disaster, I didn't expect the Trump administration to be implicitly conceding defeat after barely a month. Yet that's where we are: Does this look to you as if we have…...
U. S. National Debt Crosses USD39 Trillion
1+ mon, 3+ day ago (1213+ words) The U. S. national debt has crossed USD39 trillion days ago. This is for the first time that the debt has touched this grey kilometer post. In late October, only five months back, it was USD38 trillion. It is "unsustainable, according to economists. If…...
The Global Economic Shockwaves of the Attack on Iran
1+ mon, 3+ week ago (1249+ words) The Middle East remains the world's primary energy tap. When that tap is threatened, the consequences are immediate and global. What we are witnessing is not a regional disturbance, but a systemic economic shock with potentially stagflationary consequences. The Energy…...
Trump's Trade War: China's Trade Surplus Spikes Up to More Than $1 Trillion
2+ mon, 3+ week ago (370+ words) Much sad news comes out from an analysis by Paul Krugman. The Nobel Prize-winning economist, in a'Substack post, 'has warned: The "divorce" is a critical point with geopolitical implications, and in the domestic economy of the U. S. The economist's warning, made…...
Currency, Capital, and Class Power
2+ mon, 4+ week ago (257+ words) Dr Trishna Sarkar, Asst Prof, Dr Bhim Rao Ambedkar College, University of Delhi" by Dr Trishna Sarkar27/12/2025 As the year wraps up, recent legal events in India raise serious concerns about gender justice. Bail decisions in rape cases and acquittals in…...
Is There Life After the Dollar?
3+ mon, 4+ day ago (650+ words) Stability has persisted despite a fundamental asymmetry inherent in the dollar's role as a global reserve currency: to supply the world with dollar liquidity, the United States must run a current-account deficit, buying more from abroad than it sells. At…...
Rupee at 90: Record Fall, Real Impact, and the Big Economic Illusions
4+ mon, 2+ week ago (628+ words) The Wider Economic Impact: Beyond Fuel and Daily Goods When Everything Becomes "Good News" Today, citizens are made to feel "normal" about "100 petrol, 500 AQI pollution, and shrinking savings. In such an environment, rupee depreciation is trivialized like a non-issue. But…...