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As the COVID-19 health crisis deepens, it looks increasingly clear that the short-term collapse in global output is likely to exceed that of any recession in the last 150 years–that is, in the entire history of capitalism. The ILO estimates that the crisis will lead to the destruction of 195 million jobs. Hence, after discussing […]
India is accelerating down the track of religious strife, and the government itself is driving the vehicle.
Developing countries face collapsing international trade, falling remittances, sharp reversals of capital flows, and currency depreciation. Only bold policies—debt relief, international financing, planning, and more—will avert further catastrophe.
SDS, along with the Student Nonviolent Coordinating Committee (SNCC), had been in the vanguard of the new left in the 1960s, and some of these oldsters now want to challenge a position taken by Democratic Socialists of America (DSA), currently the foremost organization on the left today. They tell us “this is an all hands […]
We shouldn’t be satisfied with a return to normalcy. We need a “new normal.”
With the overwhelming evidence that the capitalist system is fundamentally antithetical to the realization of human rights, including what should be an elementary right—access to healthcare—the presidency of Donald J. Trump has been a godsend for the capitalist rulers.
With COVID-19 figures flattening downward, Germany is limping back to some kind of normalcy. Auto and bike shops, book dealers, barbers and most shops less than 800 m2 can now re-open (with customers 5 ft apart). Bigger shops and department stores are squabbling: “Why not us?”
“Without a doubt, the first measure to contain the transmission chains of Covid-19 is quarantine, and we took it in advance on March 16,” Nicolás Maduro Moros, the president of the Bolivarian Republic of Venezuela, told in the Argentinian multimedia show La Pizarra, led by Alfredo Serrano Mancilla.
Vijay Prashad talks about China’s response to the COVID-19 crisis, especially in the light of the accusations that are being leveled against the country
The Problem with whats taught in School. What do you think? Comments? Thoughts? Lets start a conversation.
After the fossil fuel industry spent hundreds of millions of dollars undermining climate science, it’s easy to see how epidemiology came next.
The member of MST’s national board analyzes the current international and Brazilian contexts in wake of the coronavirus pandemic
Abby Martin breaks down all the hidden acts of US foreign policy aggression under the cover of the COVID19 pandemic.
Today in the United States, there has been an upsurge in social democracy/democratic socialism (I use these terms interchangeably; I don’t see much difference between them, at least in the U.S.) The main current of social democracy is the Democratic Socialists of America (DSA), whose overall political perspective can be described as follows.
Oil-producing nations led by Russia, the U.S. and Saudi Arabia reached an unprecedented agreement on Sunday to cut oil production by 9.7 million barrels per day, or nearly 10 percent of what is currently produced, as The New York Times reported.
As Donald Trump and his band of “hacks and grifters” are preparing to prematurely reopen the U.S. economy, they’re also rehearsing the language they’ll use to justify their irresponsible decisions. Here’s how Peter Navarro, the White House trade adviser, is discussing the terms of the reopening: The unfair China trade shock that hit so many […]
THE current pandemic has brought to the fore, and with exceptional clarity, the fundamental contradiction underlying contemporary globalisation, namely, the contradiction between the interests of finance and those of the people. Indeed this contradiction, which characterizes the era of globalisation as a whole, has now come to a head.
This overlooked region of India is a beacon to the world for taking on the coronavirus, with the leftist government setting the bar for testing, tracing and treatment standards.
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 […]
“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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