Capitalism

20/04/20
Author: 
Jesse Firempong & Priyanka Vittal
Alberta oil sands. Photograph by Andrew S. Wright. / Image of the novel coronavirus

April 20th 2020

How far is too far?

It’s a question that’s been debated since the start of the COVID-19 pandemic, especially when Prime Minister Justin Trudeau eyed broader emergency powers for the federal government and left the door open to using cellphone data to track compliance with physical-distancing rules.

17/04/20
Author: 
Yeva Nersisyan and L Randall Wray
 ‘Buying into the deficit myth, for generations we have been living below our means – paralyzed by the belief that finance is the constraint.’ Photograph: Evan Vucci/A

17 Apr 2020

Category: 
17/04/20
Author: 
George Monbiot
A man demonstrates as Greenpeace stages a climate protest at Amsterdam Schiphol Airport in Netherlands on Dec. 14, 2019.Piroschka van de Wouw/Reuters

[Note: This in the National Post.]

April 11, 2020

George Monbiot: Capitalism relies upon perpetual growth, which cancels out all our efforts in combating climate change

The following is adapted from the opening remarks made by George Monbiot in a Munk Debates Podcast with Andrew McAfee. Listen to the whole episode on climate change and capitalism here:

14/04/20
Author: 
Chris Brooks
Labor Notes interviewed leading intellectual troublemaker Noam Chomsky about how the coronavirus is exposing the failures of capitalism and what we can do about it. Photo: Andrew Rusk (CC BY 4.0)

April 13, 2020

For decades Noam Chomsky has been a leading intellectual troublemaker. His books and speeches have helped to explain how a world run by corporations and billionaires has led to endless war and catastrophic climate change. Now he is helping to explain how corporations and billionaires are actually making the coronavirus pandemic worse by pursuing savage policies that benefit themselves at the expense of everyone else.

13/04/20
Author: 
Cooperation Jackson  
April 3, 2020

A CALL TO ACTION
 

The COVID-19 pandemic is changing the world before our very eyes. In less than 3 months, it has exposed the grotesque nature of the capitalist system to millions, ground the world economy to a halt, and revealed how truly interconnected our little planet really is.

10/04/20
Author: 
The Editorial Board

The following editorial from Britain's daily Financial Times is not revolutionary, but it's "liberal" enough to be shocking, not just interesting. This is especially true since, as someone once observed, the Financial Times is the one reliable media organ of the ruling class because the ruling class needs at least one place where they can get the straight story about what's happening. 

           - Gene McGuckin

Category: 
10/04/20
Author: 
Vijay Prashad and Manuel Bertoldi
Pandemic

The global pandemic of COVID-19 has spread to almost every country on the planet earth. The virus will take many lives, disrupt communities and institutions, and leave behind trauma and a devastated world economy.

10/04/20
Author: 
Patrick Bond
John Prine performing with guitar in later years.
From: Patrick Bond
Date: April 8, 2020 at 12:33:48 PM PDT
Subject: Thanks to musician John Prine - critic of King Coal in Kentucky; victim of Coronavirus
10/04/20
Author: 
Pepe Escobar
Is the world on a collision course with the financial and economic equivalent of a meteor impact with shock wave? Fractal illustration: AFP
April 9, 2020

Covid-19 driven collapse of global supply chains, demand and mobility will painfully spawn next great tech-led economic models
 

Nobody, anywhere, could have predicted what we are now witnessing: in a matter of only a few weeks the accumulated collapse of global supply chains, aggregate demand, consumption, investment, exports, mobility.  

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