Disaster Capitalism

The “New Normal” and the Shock Doctrine

May 13, 2020 UNAC Editor Austerity, Economic Collapse, Economics

By Marty Goodman, published on Socialist Action, May 11, 2020 Today only 51.3% of American adults have jobs – the lowest number on record, lower than the Great Depression. We have passed 80,000 coronavirus deaths. But, even human suffering can make a billionaire’s eyeballs bulge when they look at the financial fallout. Why? For those at the top able to[…]

COVID-19 and Revolutionary Change

March 30, 2020 UNAC Editor Revolution, War on the Poor

by Margaret Kimberley, published in Black Agenda Report, Freedom Rider, March 25, 2020 The genie has escaped from the bottle, revealing the deep injustices and cruelties that are embedded in US capitalism and its warped relationship to the peoples it rules, and the world. “COVID-19 is an opportunity to demand change while the people are paying attention to the crisis.”[…]

Puerto Rico Homeowners Brace for Another Disaster: Foreclosure

January 6, 2018 UNAC Editor Puerto Rico

by David Dayan “Maybe they believe the land is worth more than keeping people in the homes.” Lenders to Puerto Rican homeowners have kicked foreclosures into high gear in the aftermath of Hurricane Maria, skirting local and federal borrower protections. According to attorneys and experts, lenders have ignored federal moratoria on foreclosures; placed notices of default in newspapers where they’re[…]