Was COVID-19 a Cover for an Anticipated or Planned Financial Crisis?

20 August, 2020 — Global Research

The internationalization of increased unemployment and poverty brought about in the name of combating the corona crisis is having the effect of further widening the polarization between rich and poor on a global scale.

Latin America

A major sign of financial distress in the US economy kicked in in mid-September of 2019 when there was a breakdown in the normal operation of the Repo Market. This repurchase market in the United States is important in maintaining liquidity in the financial system.

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The Davos Reset 2021 Agenda of the World Economic Forum. A New Phase of Economic and Social Destruction?

10 June 2020 — Global Research

“The Great Restart” – Curse or Blessing?

On June 3, 2020, as a consequence of the “global health crisis”, the World Economic Forum WEF in Geneva announced a “unique twin summit” for January 2021 in Davos, Switzerland.(1) The theme should be “The Great Reset”. The WEF defines the “Great Reset” as “a commitment to jointly and urgently create the foundations of our economic and social system for a fairer, more sustainable and resilient future”.World leaders from government, business and civil society will be invited. In a dialogue conducted by the younger generation, they are to be virtually linked with “stakeholders” worldwide. These are individuals and interest groups with a network in 400 cities around the world who have a legitimate interest in the course and outcome of the summit. All announcements sound promising and promise a bright future.

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A zoom discussion with Michael Roberts on the prospects for the world economy post-lockdown

7 May 2020 — theplanningmotivedotcom

This is a very topical discussion and one with which the Bank of England has engaged in. It projects a 14% fall in GDP this year (the most in 300 years) followed by a 15% jump next year. This means a net rise in GDP of 1% over two years. This bounce back could have been justified had the world economy been in good health, instead of suffering a severe underlying condition, chronically low profitability. In the face of a profit crisis, Brexit and a fracturing global economy, that projection of bounce back is the most optimistic since capital first deprived labourers of their instruments of production turning them into an industrial proletariat.
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Marxism and the Climate Crisis: African Eco-Socialist Alternatives

16 February, 2020 — MROnline

Originally published: ROAPE (Review of African Political Economy) by Vishwas Satgar (February 14, 2020)   |

Introducing an important book series on Democratic Marxism in Africa, Vishwas Satgar explains that the project is premised on a rejection of the authoritarianism of vanguardist politics and the need to learn critical lessons from all the left projects of the 20th century. There is a rich inheritance of emancipatory Marxism in Africa, which includes Frantz Fanon, Ruth First, Samir Amin, Sam Moyo, Harold Wolpe and many others. Today, Satgar argues, the challenge is to defeat carbon capitalism accelerating the climate crisis and fomenting exclusionary nationalisms and for this there has to be a return to Marx.

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