Wall Street

“The American Disease”: Only the Overthrow of the Oligarchy Will Cure It

April 5, 2020 UNAC Editor Capitalism

by Glen Ford, published on Black Agenda Report, April 2, 2020 Although the coronavirus provided the trigger for the current global shrinkage, the economic crisis was already looming when the pathogen made its physical appearance. “The Race to the Bottom cannot coexist with a living wage or a truly universal national health care system.” Donald Trump mouths the words “Chinese[…]

Statement of Socialist Action National Committee: Coronavirus Threatens the Lives of Billions

March 22, 2020 UNAC Editor Poverty, Socio-Economic Struggles, The War at Home

By James Fortin and Jeff Mackler, published on Socialist Action, March 21, 2019 As the devastating novel coronavirus (COVID-19) literally threatens the lives of billions of the earth’s people, two truths about the contagion remain unchallenged: All nations are ill-prepared for the arrival of the virus, and once it lands, despite herculean efforts in some cases, little can be done[…]

The Fed’s Baffling Response to the Coronavirus Explained

March 15, 2020 UNAC Editor Capitalism, China, Global Economics, Healthcare

by Ellen Brown, published on Global Research, March 12, 2020 When the World Health Organization announced on February 24th that it was time to prepare for a global pandemic, the stock market plummeted. Over the following week, the Dow Jones Industrial Average dropped by more than 3,500 points or over 10%. In an attempt to contain the damage, on March[…]

Puerto Rico strike: Twelve days rattle the empire

August 3, 2019 UNAC Editor Caribbean, Puerto Rico, Resistance

By Makasi Motema posted on Workers World, July 30, 2019 Thousands crowded in front of the governor’s mansion — La Fortaleza — as riot cops, armed to the teeth, locked shields. “The Fortress” was under siege. Here and there, the night sky was aglow with the amber light of distant flames. For 12 days, protesters stormed barricades and braved fusillades[…]