Economics

Diseased System in a Shut-Lockdown, Never a Better Time to Fight for Socialism

April 26, 2020 UNAC Editor Austerity, Capitalism, Economics, Medicare for All, Political Analysis, Public Health

by Glen Ford, Published on Black Agenda Report, April 23, 2020 The current health and economic crisis will dramatically accelerate the processes of corporate monopolization, finance capital dictatorship, and working class precarity and immiseration. The only cure is socialism. “The duopoly parties’ refusal to establish a national health care system, beginning with Medicare for All, can only be understood in[…]

Pandemic Explodes, Capitalist Economy Tanks

April 23, 2020 UNAC Editor Abuses of Empire, Economic Collapse, Public Health

by James Fortin, published by Socialist Action, March 31, 2020 Now that the COVID-19 contagion has spread to the 4 corners of the globe, the unpreparedness of the capitalist state, and the outright disregard by the ruling class for the fate of the working people of the United States, has come into full view. Underlying a perfect-storm scenario is the[…]

United States Imposed Economic Sanctions: The Big Heist

April 19, 2020 UNAC Editor Economic Blockade, Featured, Public Health, Sanctions and Economic Warfare

by Lauren Smith, published on MROnline, March 10, 2020 Since the start of the great recession in 2008 the U.S. has become increasingly dependent on the use of unilateral economic sanctions to achieve its policy objectives against its declared targets. Presently, sanctions impact one-third of humanity in 39 countries. Economic sanctions not only cause untold death and devastation to a[…]

The COVID-19 Pandemic Makes Clear the Need to Cooperate Despite Political Differences

April 18, 2020 UNAC Editor Cuba, Diplomacy, Global Alliances, Public Health, Sanctions and Economic Warfare

Cuban Ministry of Foreign Affairs, published on Resumen, April 16, 2020 The impact of COVID-19 can already be measured and will be assessed in the future by the striking numbers of people infected, the unacceptable numbers of deaths, the unquestionable damages to the world economy, production, trade, employment and personal income of millions of people. It is a crisis that[…]

Remaking The Economy For The People

April 18, 2020 UNAC Editor Action!!, Austerity, Economic Collapse, Financial Vultures

The Decade Of Transformation Is Here: Remaking The Economy For The People Kevin Zeese & Margaret Flowers, published on Popular Resistance, March 29, 2020 The pandemic, economic collapse and the government’s response to them are going to not only determine the 2020 election but define the future for this decade and beyond. People are seeing the failure of the US[…]

Nicaragua and the COVID-19 Pandemic

April 15, 2020 UNAC Editor Nicaragua, Public Health, Sanctions and Economic Warfare

by Stephen Sefton – Tortillas con Sal, published on TeleSUR English, March 30, 2020 While each country’s experience facing the COVID-19 pandemic is different, some common fundamental factors can make the difference between a widespread catastrophe and relative stability. Nicaragua has so far been among the most successful countries in Latin America in protecting its population from the virus while[…]

Freedom Rider: Stand With Venezuela and Iran

April 11, 2020 UNAC Editor Iran, Sanctions and Economic Warfare, Venezuela

The Trump administration wants a hot war with Iran or Venezuela, or both, and those of us claiming to be anti-war must be on our guard and ready for action. “The Democrats who say Trump must ask permission before killing people will in all likelihood give him the approval he seeks.” The Donald Trump administration hasn’t given up its dream[…]

US Gunning for Trouble

April 9, 2020 UNAC Editor Economic Collapse, Gun Violence, Healthcare, Human Rights, Public Health

by Finian Cunningham, published on Information Clearing House, April 7, 2020 April 07, 2020 “Information Clearing House” – The spectre of the coronavirus pandemic in the US has darkened decidedly, with President Trump warning of a harrowing next few weeks from a surging disease death toll. Into the malevolent mix are reports of American citizens buying up firearms as if[…]

A Trigger For a Crisis Driven by Profit

April 6, 2020 UNAC Editor Capitalism, Economics, Global Economics

By Claudio Katz, published on Workers World, March 30, 2020 Katz is an economist and a professor at the University of Buenos Aires. His website is lahaine.org/katz. Published with his permission. Translation by John Catalinotto. March 13 — The global economic crisis is deepening at a rate as dizzying as the pandemic. The reduction in the economic growth rate and[…]

Corporate Media Ignore International Cooperation as Shortcut to Coronavirus Vaccine

April 5, 2020 UNAC Editor Capitalism, Public Health, Trade Wars

by Joshua Cho, published on FAIR, April 2, 2020 When Dr. Jonas Salk was asked in a legendary interview about who owned the patent on the effective polio vaccine he and his team had developed, he acknowledged that their achievement belonged to “the people,” and likened efforts to profit off their innovation to be as unethical as trying to patent[…]