The Economic Survey 2025–26 and the Union Budget 2026–27 together reveal a deliberate reordering of the Indian state's priorities: capital accumulation over social balance, fiscal discipline over redistribution, and market credibility over employment. In this detailed analysis, Sushovan Dhar argues that what is being presented as fiscal prudence is in fact a structural retreat from the equalising functions of public expenditure, with profound consequences for inequality, employment and (…)

L'Economic Survey 2025–26 et le Budget de l'Union 2026–27 révèlent ensemble une réorganisation délibérée des priorités de l'État indien : l'accumulation du capital avant l'équilibre social, la discipline budgétaire avant la redistribution, et la crédibilité auprès des marchés avant l'emploi. Dans cette analyse détaillée, Sushovan Dhar soutient que ce qui est présenté comme de la prudence budgétaire constitue en réalité un retrait structurel des fonctions égalisatrices de la dépense publique, (…)

Bert Ratcliffe reports from Manchester on the by-election and difficulties within Your Party This election is a shock to the system for everybody. There are too many unknowns. Does anybody want this by-election? It is fraught with danger for all the main political parties, with the possible exception of the Green Party of England and Wales. All have something to lose, Starmer in particular. But here are downsides all around. For socialists and Your Party, the timing could not have been (…)