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#MintTheCoin & COVID Relief with the Modern Money Network
Rohan Grey and Nathan Tankus join Money on the Left to discuss the flurry of debate about Modern Monetary Theory (MMT) arising out of the Coronavirus crisis. We focus, in particular, on the Modern Money Network’s multi-pronged efforts to illuminate and remedy the resulting economic devastation. At the center of our conversation is Rohan’s contribution […]
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On social reproduction and the Covid-19 pandemic
“This pandemic can, and should, be a moment when the left puts forward a concrete agenda for how to support life over profit in a way that will help us move beyond capitalism.”
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Data show COVID-19 is hitting essential workers and people of color hardest
Newly released data from the Boston Public Health Commission (BPHC) show that COVID-19 is present at higher rates in certain Boston communities, including Hyde Park, Mattapan, Dorchester, and East Boston.
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Combatting COVID-19 through solidarity
Despite a deep economic recession, a profound political crisis and international sanctions that have ravaged its health sector, the South American nation of Venezuela is demonstrating that prioritising lives is possible in the battle against COVID-19.
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President Maduro announced 6 new confirmed coronavirus cases for a 181 total–Venezuela moving to massive screenings
The President of Venezuela, Nicolás Maduro Moros , reported this Sunday that 6 new positive cases for Covid -19 were recorded in the country, for a total of 181 infected patients and zero [new] fatalities.
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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.
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Sweden’s flawed coronavirus battle plan hits the poor & elderly, resulting in worst death count among Nordic countries
In only three days, the total fatalities in Sweden due to the current epidemic rose from 477 to 881. While the problem started roughly about the same time in all the Scandinavian countries, Sweden’s stats are among the worst.
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Cuba: from AIDS, Dengue, and Ebola to COVID-19
Cuba’s preparation for COVID-19 began on January 1, 1959. On that day, it laid the foundations for what would become the discovery of novel drugs, bringing patients to the island, and sending medical aid abroad. Coping with HIV/AIDS, dengue fever and Ebola helped Cuba develop the ability to cope with pandemics, both internally and abroad.
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How “just-in-time” capitalism spread COVID-19
Capitalism has accelerated the transmission of diseases. Historically, most epidemics have spread geographically through two common forms of human long-distance movement: trade and war. The timing, however, changed dramatically with the rise of capitalism.
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Abolition in the time of Covid-19
In the U.S., Covid-19 unfolds with temporal and spatial unevenness. The health system barely has the necessary resources to handle normal operations, let alone a pandemic.
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Community organisation key to fighting COVID-19
While, by April 9, Brazil to its east had registered more than 16,000 cases and 822 deaths and Colombia to its west, had seen its tally climb above 2000 cases and 54 deaths, Venezuela had only recorded 167 cases and 9 deaths.
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Covid-19 is a sign of our fate if we do not take radical action: Interview of Michael D. Yates
In the backdrop of the coronavirus (Covid-19) pandemic, Michael D. Yates, decades-long union activist, director of Monthly Review Press and former Associate Editor of Monthly Review magazine, discusses condition of the working people and steps required.
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Standing Rock Sioux Tribe Prevails as Federal Judge strikes down DAPL permits
This validates everything the Tribe has been saying all along about the risk of oil spills to the people of Standing Rock. We will continue to see this through until DAPL has finally been shut down. – Jan Hasselman
Attorney, Earthjustice -
Trump, neo-fascism, and the COVID-19 Pandemic
The world is now in what scientists are calling a no-analogue situation. The dangers are increasing and so is the space for revolutionary human development, calling for a new Earth movement. If humanity is to survive a renewed struggle for freedom as necessity.
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Pandemic and socialism
As COVID-19 grips the world, in country after country, there is socialization of healthcare and of production of some essential goods, which markedly departs from the capitalist norm
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Colombia’s government acts like a doormat for the United States—and its people aren’t going along with it
With the U.S. government now absurdly saying that Venezuela is the source of narco-trafficking, even though all evidence pointing to narco-trafficking is rooted in Colombia, the pressure on Colombia to deal with its drug problem is now lifted.
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Could COVID-19 bring down the U.S. empire?
With the U.S. failing and China taking a leadership role in the international response to this crisis, could the COVID-19 crisis mark a turning point in the transition to a multipolar world in which China will be just as important as a world leader as the United States?
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Don’t threaten Afghans—it will be counterproductive
The principal deputy assistant secretary at the Bureau of South and Central Asian Affairs (SCA) in the U.S. State Department, Alice Wells, dropped a bombshell on the Afghan government and the country’s political elites on April 4—and caught the international donors by surprise, too—by linking all aid to Afghanistan to the formation of an inclusive government in Kabul.
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The Federal Reserve’s Coronavirus Crisis Actions, explained (Part 4)
Ten days after the last central bank swap line announcement, the Federal Reserve followed up with an announcement of another facility meant to help a lower tier of central banks. In this facility the Federal Reserve would make a standing offer to temporarily purchase U.S. treasury securities from central banks (and supranational monetary institutions) and sell them back to them the following day.
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Chart of the day
All told, more than 16 million American workers have filed initial claims during the past three weeks.