Working-Class Demands in COVID Economy

Editorial, Workers World Editor, July 1, 2020 The International Monetary Fund issued a warning on June 24 that the global economy faces an even deeper downturn than it previously projected, greater than any since the 1930s Great Depression. While many economists warned earlier of a cyclical downturn in the world economy, the IMF blamed the current collapse on the coronavirus[…]

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How Racism Is an Essential Tool for Maintaining the Capitalist Order

by Richard D. Wolff, published on Brave New Europe, June 24, 2020 U.S. capitalism survived because it found a solution to the basic problem of its instability, its business cycles. Since capitalism never could end cyclical downturns and their awful effects, its survival required making those effects somehow socially tolerable. Systemic racism survived in the post-Civil War United States partly[…]

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The Real Looters Pocketed $11.7 Billion

by Dierdre Griswold, published on Workers World, June 5, 2020 Who are the real looters? They wear elegant business suits, not hoodies or jeans. They dine at fancy restaurants, not hotdog stands. They hang out in boardrooms, not on street corners. They don’t rob banks. They ARE the banks. They are the U.S. financiers who punish the poor by charging[…]

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Killer Capitalism Says “Back to Work!” in a Pandemic

by Jeff Mackler and James Fortin, published on Socialist Action, May 21, 2020 Over the past several weeks, daily new cases of COVID-19 in the U.S. have remained in the 22,000–25,000 range. By June 1, it is estimated that the number of deaths each day will rise to 3,000. Yet all 50 states now have begun lifting socially-protective measures aimed[…]

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COVID-19: Hunger Gnaws at the Edges of the World

by Vijay Prashad and Richard Pithouse, published on Consortium News, May 19, 2020 Produced by the TriContinental Institute What the International Monetary Fund calls the Great Lockdown sent 2.7 billion people into either full unemployment or near unemployment, with many people one or two days away from desperate poverty and hunger, according to the International Labour Organization. Starvation is already evident in many regions[…]

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Covid-10 and America: The Fire This Time

by Wilmer, J. Leon III, published on Black Agenda Report, May 6, 2020 It is immoral if not criminal for the US to increase sanctions through its “maximum pressure campaigns” against Venezuela, Iran, Cuba and Palestine. “Weaponizing disease for political purposes to bring about regime change is the same as germ warfare and should be considered a crime against humanity.” Time[…]

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