Peoples Democracy newsletter

Peoples Democracy newsletter

The Exodus of Finance from the Third World

THERE is an exodus of finance from the third world at present, far exceeding in scale what had occurred in 2008 after the financial crisis. Even more important than the actual outflow is the desire on the part of finance to pull out of the third world, including even the so-called “emerging markets”, and move to US dollars or dollar-denominated assets. This is resulting in a depreciation of a host of third world currencies vis-à-vis the dollar, of which the Indian rupee is an obvious example.This is paradoxical at first sight.

On 150th birth anniversary of V I Lenin

Joint Statement of Communist & Workers' Parties on the 150th birth anniversary of V I LeninWe Honour the Great Revolutionary Leader V I Lenin,We are Committed to Continuing His Work!Below we publish the joint statement signed by 93 Communist and Workers’ Parties, including the CPI(M).THE Communist and Workers' Parties, which co-sign this joint statement, would like also in this way to honour a great revolutionary and theorist of scientific socialism, Vladimir Ilyich Lenin, as April 22 marks the 150th anniversary of his birth.Especially

False News

CPI(M)  Polit Bureau has issued the following statement on April 20THE front page lead story in the Malayala Manorma that the central leadership of CPI(M) has rejected the explanation given on the Sprinkler issue from Kerala is as false as it is baseless.

Killing Democracy, Instead of Virus

BLAME it on Covid! Whatever be the problem that the world is facing, the causes for those problems – be it social, economic or political – are being attributed to the Covid-19 pandemic. In a word, the pandemic is being used to silence criticism, questioning and dissent that are rising or are on the verge of rising.Almost all commentators are stating that the world after the Covid will not remain the same.

Hollow Speeches Don’t Ring: ACT NOW

LAKHS OF WORKERS STAND UP & DEMAND: Hollow Speeches Don’t Ring: ACT NOWHemalataLAKHS of workers and other toiling people stood up at thousands of locations covering most of the districts in the country – in front of their homes, on their balconies or roof tops, work places, on the main roads and small by lanes – placards and flags in hands. At 10.30 in the morning of April 21, they stood, maintaining physical distance and shouted slogans voicing their demands, for 5-10 minutes.

MAHARASHTRA: CPI(M) Condemns Palghar Mob Lynching

THE CPI(M) Maharashtra state committee strongly condemns the shocking incident of mob lynching that took place on April 16 night in the remote village of Gadachinchle in Dahanu tehsil of Palghar district. Three persons were killed, and two of them were sadhus who were proceeding from Mumbai to Surat. It demands stringent action against those proved guilty and a thorough inquiry into the incident.CPI(M) welcomed chief minister Uddhav Thackeray's address to the people of Maharashtra today, in which he emphasised the following points: 1.

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