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.
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A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy
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.
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.
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.
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.
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.
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.
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
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 […]
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 […]
There is growing interest in a Green New Deal, but far too little discussion among supporters about the challenging nature of the required economic transformation, the necessary role of public planning and ownership in shaping it, or the strategies necessary to institutionalize a strong worker-community voice in the process and final outcome.
At the risk of making it seem like central bank swap lines are the solution to every problem, a swap line for local and state governments is the perfect tool using the Federal Reserve’s existing legal authority and can facilitate supporting these local currencies.
The Coronavirus pandemic has laid bare the most acute problems of our collective life, its main contradictions.
In the early weeks when the virus emerged in Wuhan, the Chinese government neither suppressed evidence nor did their warning systems fail.
Empty hotel rooms, bare supermarket shelves, factories producing jet engines and luxury cars instead of ventilators, governments competing with each other to purchase testing kits and masks. This way of organising society doesn’t make sense.
Fifteen years ago, in his prescient book, The Monster At Our Door, Mike Davis warned that a viral catastrophe was being cooked up in the toxic vat built by the combined dangers of global capitalist production, ecological devastation, and the intentional, politically motivated neglect of public services the world over.
Why did apparently stigmatizing names like Chinese virus or Wuhan virus keep making headlines? How have the Western media shaped the narrative of China’s response to the novel coronavirus? As the virus continues to wreck havoc, China Daily investigates how the Western version of propaganda plays out in the global battle against coronavirus.
Marco Aurélio Mello, a Minister of Brazil’s Supreme Court, sent the Attorney General’s Office a request to suspend President Jair Bolsonaro from his post for 180 days for committing various actions that have put the country at risk in the face of the covid-19 health emergency, according to a Telesur report.
The optics of the Russian oil leviathan Rosneft’s decision to sell its subsidiary Rosneft Trading SA and sell all its assets in Venezuela after the US Treasury sanctioned its trading arm two weeks ago as part of Washington’s regime change project to oust president Nicolás Maduro, may not look good to the uninformed outside observer.
The International Aspects
“How wonderful is this. A beautiful silver lining.”