Capitalism
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US Hospitals Getting Paid More to Label Cause of Death as ‘Coronavirus’
“Right now Medicare is determining that if you have a COVID-19 admission to the hospital you get $13,000. If that COVID-19 patient goes on a ventilator you get $39,000, three times as much. Nobody can tell me after 35 years in the world of medicine that sometimes those kinds of things impact on what we… Continue reading
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Life vs Profit: the real ‘war’ in times of coronavirus
The State needs people to be alive to construct the mythical social contract with them. But Capital is the actual deep state. Continue reading
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Resistance Growing to Covid-Capitalism
Covid-19 has laid bare a fundamental truth: that capitalist healthcare is a contradiction in terms, since capital – like the killer virus — cares for nothing but reproducing itself. Continue reading
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Searching for Truth in What We are being Told About Covid-19
April 14, 2020 (Tony Cartalucci – NEO) – Following the news regarding coronavirus disease 2019 (Covid-19) we’d be led to believe humanity faces an unprecedented crisis – and judging by the socioeconomic damage being done – it is not that difficult to believe some sort of unprecedented crisis is indeed unfolding. Continue reading
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Mike Davis on pandemics, super-capitalism and the struggles of tomorrow
What are the underlying political, economic and environmental structures that paved the way for this global outbreak? Where do pandemics emerge from? Is our capitalist way of life biologically sustainable? Continue reading
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USA: Capitalism & Racism + Covid-19 = Murder
April 11 — The Covid-19 pandemic is devastating New York City. Eighty refrigerator trucks are serving as mobile morgues to store the bodies. As of April 10, 92,384 people have been infected. Inmates in the Rikers Island prison are being offered $6 per hour to dig mass graves on Hart’s Island off the Bronx. That’s… Continue reading
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The US economy before the virus struck
The purpose of this article is to determine the health of the US economy before it sickened from the virus. Why is this important? It is importance lies in this; the impact of the lockdown on the future of the US economy will be mediated by the state of the economy prior to the pandemic.… Continue reading
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Cosmic Gangster Capitalism: Elon Musk Crowds the Heavens
Astronomers tend to have their eyes, and minds, not merely in the clouds but beyond them. The dream of unimpaired vision tends to come with the territory; the better the uninterrupted line, the better the data. But the increasing incidence of clutter above the earth’s surface is becoming more than a point of minor interest. … Continue reading
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The tug of war between the virus and fiscal stimuli
7 April 2020 — theplanningmotivedotcom The markets have taken solace from the various fiscal, rather than monetary stimuli, recently introduced, including the $2.2 trillion package by the US Senate. CNBC has observed that: markets have moved sideways over the last 7 sessions. However, as the economic news becomes more disastrous it is likely that this… Continue reading
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Fake Coronavirus Data, Fear Campaign. Spread of the COVID-19 Infection
Do not let yourself be misled by the fear campaign, pointing to a Worldwide coronavirus calamity with repeated “predictions” that hundreds of thousands of people are going to die. These are boldface lies. Scientific assessments of the health impacts of the COVID-19 have been withheld, they do not make the headlines. Continue reading
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Coronavirus Socialism for the Wealthy
When capitalism screeches to a halt and starts its old business of killing off the adventurous but weakened, the enterprising but foolish, those who initially benefited, shed tears. Losses mount, accountants tally up current and future losses. Huge profits somehow do not matter now, as the diminishing balances bite and impress. As this happens, the… Continue reading
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Lives or livelihoods?
6 April 2020 — Michael Roberts Blog There are now two billion people across the world living under some form of lockdown as a result of the coronavirus pandemic. That’s a quarter of the world’s population. The world economy has seen nothing like this. Nearly all economic forecasts for global GDP in 2020 are for… Continue reading
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Why coronavirus could spark a capitalist supernova
This day has come closer. Capitalism now faces the deepest crisis in its several centuries of existence. A global slump has begun that is already devastating the lives of hundreds of millions of working people on all continents. The consequences for workers and poor people in Asia, Africa, and Latin America will be even more… Continue reading
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The DWP’s latest coronavirus move is utterly twisted
The Department for Work and Pensions (DWP) has descended into further chaos amid the coronavirus (COVID-19) pandemic. But its latest move to try and keep itself afloat amid ‘unprecedented times’ is actually utterly twisted. Continue reading
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Work Sucks: Life After Work
In this book, authors Pfannebecker and Smith summarize the current anti-work movement and literature. In view of rapid displacement of blue and white collar workers by robots and computers, coupled with the offshoring of most manufacturing jobs, there are growing calls for an end to waged work altogether. Continue reading
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By Letting Small Businesses Fail, the State Is Handing Power to Corporate Giants
Research this week from a network of accountants suggests that up to one million small businesses – 20% of the UK’s total – will run out of cash before the coronavirus crisis ends. Continue reading
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Lockdown: Locking in the New Global Order
On 12 March, British PM Boris Johnson informed the public that families would continue to “lose loved ones before their time” as the coronavirus outbreak worsens. Continue reading
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Coronavirus: Drop the debt
As coronavirus gets a foothold in every country, governments in the global south are facing an appalling choice: pay for emergency healthcare, or pay off international debts. Continue reading