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textOur normality is not returning by Adam Tooze
Enormous and immediate compensation measures have so far prevented an immediate global financial collapse. But now we are facing a protracted period where falling consumption and declining investment will lead to further contraction. 73 percent of American households report having suffered a loss of income in March. For many, this loss is catastrophic....
Posted: Tue, May 26, 2020 3:20am PDT
textCircuit Judge Tosses Out Governor Kate Brown's Coronavirus Restrictions In Oregon by AP
Circuit Judge Tosses Out Governor Kate Brown's Coronavirus Restrictions In Oregon...
Posted: Sun, May 24, 2020 3:10am PDT
textCorona and the collapse of modernization by Roswitha Scholz and Herbert Bottcher
Corona is the trigger but not the cause of the worsening crisis situation. It will accelerate the disintegration of capitalism. Pragmatism and cooperation on an international scale are called for. Sometimes the state protects life and sometimes relaxes it in the interest of the functioning of the economy. Infrastructure socialism takes health care from the market....
Posted: Fri, May 22, 2020 3:40am PDT
textClass War -- Not the Media Hokey Pokey -- Is What It’s All About by Norman Solomon
Scorching the earth with greed...
Posted: Thu, May 21, 2020 12:14pm PDT
textSad exiled kings and health dictatorship by Bjorn Vedder and Ralf Klausnitzer
Life in a "fatherless world," as the English philosopher Shaftesbury wrote around 1700, is cruel and dysfunctional because a person without a father lacks "the relationship to the whole." A first creeping, then rapid change of values has occurred within our societies from "freedom" as the highest value to "security," the desire for controllability of the future....
Posted: Thu, May 21, 2020 3:37am PDT
textThe Forgotten History of the Financial Crisis by Adam Tooze
In the United States between late 2008 and early 2009, 800,000 people were losing their jobs every month. By 2015, over nine million American families would lose their homes to foreclosure—the largest forced population movement in the United States since the Dust Bowl....
Posted: Wed, May 20, 2020 3:44am PDT
textWave of layoffs in the US election campaign by Joachim Bischoff and Frank Adloff
The corona pandemic triggered the most massive job losses in the USA since the Great Depression in the 1930s. Unemployment rose to its highest level in more than 70 years. In April alone, 20.5 million jobs outside agriculture were cut, according to the government administration....
Posted: Mon, May 18, 2020 6:33am PDT
textThe war metaphor in the Corona crisis by Johannes Haver
Instead of a positive elimination of conditions, a social regression could also occur: intensified competition in the fight for market share, "exclusive solidarity" (Klaus Dörre) in the fight for jobs and welfare benefits. Will governments master the crisis? Will world society cannibalize itself?...
Posted: Sun, May 17, 2020 11:16am PDT
textWe cannot repay the Corona debts by Heiner Flassbeck
Now there are exactly two ways to revive the economy. The first and best option is to push back the neo-liberal agenda, strengthen the trade unions... The state must be asked to join the ring as a debt-maker - and forever...If we do not succeed in pushing companies back into the role of debtors, the economy cannot function without ever new state debts....
Posted: Fri, May 15, 2020 1:01pm PDT
textPost-lockdown world by German weekly freitag.de
Everything works, nothing has to. Is it even conceivable that after the crisis everything will continue as before? 28 realistic-utopian proposals for a completely renewed society after Corona. freitag.de, May 2020...
Posted: Wed, May 13, 2020 4:37pm PDT
textParamilitary Panda: WWF Land Grabs Rooted in Covert Apartheid History by Michael Molitch-Hou
According to a BuzzFeed News series, the WWF has been tied to paramilitary violence in third world countries. What they completely ignored was that the WWF was previously involved in the murder of 6,000 anti-apartheid activists in South Africa a part of an “anti-poaching” mission in the 1980s. All evidence seems to suggest that the WWF was used as cover for an MI6 operation on behalf of powerful business interests in South Africa....
Posted: Tue, May 12, 2020 8:52am PDT
textThe welfare state - anchor of stability in the crisis by Joseph Woss
Work, income and wealth must be distributed more fairly, and a number of "rules of the game" in our society must be changed. The upheaval forced by the crisis will hopefully force even hard-boiled defenders of the existing to rethink - if only because otherwise dramatic distribution conflicts threaten....
Posted: Mon, May 11, 2020 3:16am PDT
textCorona: US military develops rapid Covid-19 test by Monique Ryser
"Our test would be an absolute breakthrough," says Ringeisen. It would massively improve the diagnosis of infected persons and enable them to be quickly quarantined so that they do not infect other people. The test should be introduced as soon as possible. He specifies mid-May as the date....
Posted: Sat, May 9, 2020 6:57am PDT
textAntifascists demand that May 8 become a holiday in Germany by John Spohr
The real goal is a nationwide public holiday anyway, as demanded in the petition. The Berlin Senate could also lobby for such a gesture, that May 8 is considered the day of liberation from National Socialism....
Posted: Fri, May 8, 2020 1:51pm PDT
textReal Unemployment is 35.7%; The Internationale by Workingclass Is The Essential Class
The real unemployment rate for April 2020 as of May 8, 2020 is 35.7% Peak unemployment during the 1930s Great Depression was 24.9%. April job losses were 20.5 million, preceded by March’s job losses of 30 million. California’s unemployment claims were 4 million in the past 7 weeks. San Francisco’s unemployed to date are 17,500. The economic crisis preceded the pandemic which is accelerating the economic crisis of the capitalist profit motive. Only a serious labor movement capable of carry...
Posted: Fri, May 8, 2020 12:01pm PDT
textCorona, capitalism and nature by Marijke Colle
"Radical reforms are needed. The policies of the last forty years must be reversed. The government must play a stronger role in the economy. It must no longer regard public services as costs but as investments. It must find ways to make work less precarious and less insecure. Redistribution is back on the agenda. The privileges of the rich are once again under scrutiny."...
Posted: Wed, May 6, 2020 6:54am PDT
textNuke Plant Shutdown Continues Near C19 Epicenter by Michael Steinberg
On April 30 Reactor 2 at the Indian Point nuclear point, less than 30 miles north of midtown Manhattan on the Hudson River, shut down permanently....
Posted: Wed, May 6, 2020 12:00am PDT
textWhen fear reigns by Anna Jikhareva and Anne Jung
What was thought to be temporary has remained until today. Temporary rules became law. Snowden warns of a similar process in the context of a real crisis.Surveillance is accepted on an unprecedented scale.The virus is dangerous.But the destruction of our rights is fatal because it is permanent. Snowden believers....
Posted: Mon, May 4, 2020 7:45am PDT
textFormer top officials in Bernie Sanders campaign form super PAC to back Joe Biden by Genevieve Leigh (WSWS Repost)
With the Democratic Party uniting to promote Joe Biden, Bernie Sanders holds his nose to let his supporters build a super PAC....
Posted: Sat, May 2, 2020 8:17am PDT
textMay Day 2020: Every End is a New Beginning by Working Class is The Essential Class
We celebrate May First, May Day, around the world as International Workers Day, which began in this country in the struggle for the 8 hour day in the late 19th Century....
Posted: Fri, May 1, 2020 11:20am PDT
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