Economy

The IMF in Debt Restructuring, the Resurgence of Austerity, and the Urgency of Fiscal Justice – Bhumika Muchhala

The IMF in Debt Restructuring, the Resurgence of Austerity, and the Urgency of Fiscal Justice – Bhumika Muchhala

Originally From : http://ssalanka.org/imf-debt-restructuring-resurgence-austerity-urgency-fiscal-justice-bhumika-muchhala/ As Sri Lanka officially defaults on its sovereign debt repayments, and enters negotiations with the International Monetary Fund for access to loans in return for structural macro-economic change in response to the ongoing economic crisis, the Women and Media Collective, the Social Scientists’ Association, and the Feminist Collective for Economic Justice jointly organised an online talk with Bhumika Muchhala on 18 April 2022, to inform a critical understanding of these developments and alternatives that are preferential to dominated classes and oppressed groups. Polity magazine is pleased to publish an expanded and edited version of her talk, transcribed by Treshan Fernando.…
Read More
Sri Lankan Parliament Concludes Second Reading on Bill to Dispossess Farmers of Farming Land

Sri Lankan Parliament Concludes Second Reading on Bill to Dispossess Farmers of Farming Land

17th March, 2022 Sri Lankan Parliament Concludes Second Reading on Bill to Dispossess Farmers of Farming Land The Land Development (LDO) (Amendment) Bill got through the second reading in Parliament last Friday. Ignorance and indifference exhibited by Members of Parliament on the issue of farmers’ indebtedness is outrageous. Many of them seem to believe that enabling farmers to mortgage their land to banks is a one-stop solution to all farmer’s problems. The Bill was hurriedly rushed through without creating an environment to deliberate on crucial clauses in the Bill.  The LDO Amendment Bill is a wolf in sheep’s clothing. It…
Read More
The ‘manmade agriculture disaster’ in Sri Lanka 

The ‘manmade agriculture disaster’ in Sri Lanka 

Originally From: https://www.ft.lk/columns/The-manmade-agriculture-disaster-in-Sri-Lanka/4-732388 Wednesday, 23 March 2022 It is a shame, and I feel incredibly sorry for the 22 million consumers of Sri Lanka, including our farming community and myself, for not being able to convince or force the ignorant policymakers in this country to make rational decisions on agriculture at the correct time. We are heading towards the most disastrous scenario that the country’s agriculture has ever experienced (leaving the other economic sectors out for a moment), at least since gaining independence in 1948.  Some academia, scientists, social activists, and farmers/practitioners in Sri Lanka voiced serious concern since they heard…
Read More
TN in touch with Union govt to handle issue legally: Stalin on Sri Lankan refugees

TN in touch with Union govt to handle issue legally: Stalin on Sri Lankan refugees

The 16 Sri Lankan Tamils came in two batches of six and ten to Dhanushkodi in Rameswaram after an arduous journey on their boats on Tuesday. SRI LANKAN CRISIS THURSDAY, MARCH 24, 2022  Taking cognisance of the sudden arrival of Sri Lankan nationals to the state, Tamil Nadu Chief Minister M K Stalin on Thursday said the government is in touch with the Union government on how to handle the issue legally. Referring to media reports on the Lankan nationals fleeing the crisis-hit island nation and reaching the shores of Tamil Nadu, the Chief Minister said he had already instructed the…
Read More
The Inflation: Causes, Effects, & Outlook [March 2022] 

The Inflation: Causes, Effects, & Outlook [March 2022] 

with Richard D. Wolff   Co-sponsored by Democracy at Work & Judson Memorial Church In this lecture, Prof. Wolff will discuss the following: Impact of Ukraine eventsWhat the FED can and cannot do about itSolutions for inflation, past and present https://www.youtube.com/watch?v=2KDYZgBLQ3E&t=85s Originally From: https://www.democracyatwork.info/globalcapitalism_mar2022?utm_campaign=nd_gcleu_mar2022_theinflation&utm_medium=email&utm_source=democracyatwork
Read More
Cold Peace

Cold Peace

CÉDRIC DURAND 16 MARCH 2022 Petrov’s Flu (2021), the latest film by Kirill Serebrennikov, opens with a depiction of a crowded commuter bus in Russia. The atmosphere is febrile, almost violent. In the grip of a fever, the protagonist suffers a coughing fit and moves to the back of the vehicle. Following closely behind him, another passenger shouts, ‘We used to get free vouchers for a sanatorium every year. It was good for the people. Gorby sold us out, Yeltsin pissed it away, then Berezovsky got rid of him, appointed these guys, and now what?’ He concludes that ‘All those currently…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.