Mass Unemployment

U.S. Workers are Being Pushed Into an Abyss

October 4, 2021 UNAC Editor Capitalism, Global Economics, Labor

by G. Dunkel, published on Workers World, September 7, 2021 For many U.S. workers — especially low-wage workers — it has suddenly become much more difficult to put food on the table and to keep a roof over these tables. The Department of Labor estimates 9.2 million workers are enrolled in programs providing unemployment aid to workers affected by the[…]

In the Worst of Times, the Billionaire Elite Plunder Working Class America

September 15, 2020 UNAC Editor Austerity, Economics, Poverty, Racism

by Nick Baker, published on Socialist Action, September 5, 2020 In the midst of a global pandemic, unprecedented economic collapse, mass unemployment, hunger and desperation, the stock market is booming and the richest of the rich are richer than ever before. Since March, more than 58 million people in the U.S. have filed for unemployment. The Internal Revenue Service now[…]

Mass Unemployment is a Failure of Capitalism

May 15, 2020 UNAC Editor Capitalism, Socialism

by Richard D. Wolff, published on NewsClick, May 10, 2020 The difficulties caused to workers by record unemployment during the pandemic are a product of capitalism. Most of the time, employers decide to hire or fire workers depending on which choice maximizes employers’ profits. Profit, not the full employment of workers nor of means of production, is “the bottom line”[…]

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[…]

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[…]

COVID-19 and Black Workers

April 7, 2020 UNAC Editor Labor, Racism

by Margaret Kimberley, published on Black Agenda Report:Freedom Rider, April 1, 2020 The gross inequalities and declining standards of life in the US are magnified by the corona crisis, pushing already marginalized populations to the brink. “The supposedly great nation is just a failed state with a big army and a powerful oligarchy.” There is an old saying that if America[…]

Working-Class People are Fighting for Their Lives

April 5, 2020 UNAC Editor Healthcare, Labor

By Monica Moorehead posted on Workers World, March 31, 2020 According to the World Health Organization, as of March 29, the global numbers of the COVID-19 pandemic are close to 635,000 confirmed cases and over 63,000 deaths. The emphasis here is “confirmed,” which means that there are untold numbers of people, possibly millions, who are unaware that they are even[…]