Tag Archives | COVID-19

Tax rebates, tax cuts and business bailouts will not solve this crisis. Here’s what’s needed.

These days we hear a lot about the symptoms of Covid-19 (dry cough, high fever, etc.). Conversely, there is much less discussion of the virus as a symptom. To intervene on the symptoms of the virus it is necessary not only to have specific scientific knowledge, but also to put in place a serious reflection on the structural causes of its global spread and, with them, the possibilities of change.

A man worth over $100 billion, who makes, on average, $230,000 per minute calling on the public to help his own impoverished employees was not met well by many.

It might be easy to forget, given the crisis enveloping the world at the moment, that the United States is scheduled to hold a very important election in November.

Capitalist crises are neither predictable nor do they stem from a single cause. Instead, at least as I see it, the possibility of a crisis is always there but the causes and triggers are all historical and therefore multiple and varied.

We are currently in a state of national emergency thanks in no small part to the Trump administration’s muzzling of public health experts and slow response to the COVID-19 pandemic.

In October 2016 the UK government ran a national pandemic flu exercise. It was codenamed Exercise Cygnus. The report of its findings was not made publicly available, as part of the general antipathy towards the NHS in general by the Conservative party. But the then chief medical officer Sally Davies commented on what she had learnt from it in December 2016. The public will now pay with their lives for deliberate government inaction and total disregard towards their primary function – to protect us all.

How long the COVID-19 crisis will last, and what its immediate economic costs will be, is anyone’s guess. But even if the pandemic’s economic impact is contained, it may have already set the stage for a debt meltdown long in the making, starting in many of the Asian emerging and developing economies on the front lines of the outbreak.

Yanis Varoufakis, DiEM25 co-founder and MeRA25 MP, on the economic and political impact of the coronavirus.

When things get dire enough, the working class fights back. In dealing with the outbreak of the coronavirus, people across the United States have organized at their workplaces, and also won major reforms in the housing sector.

The frenzied, shrieking hysteria I’m witnessing right now among Trump’s base regarding China looks and moves in the exact same way the mental zombification of Russia hysteria looked and moved when it began tearing through rank-and-file Democrats in late 2016 and early 2017. The seething, screaming vitriol I get from the MAGA crowd on social media when I talk about this is identical to what I got during that period from Democrats: just as irrational, just as vituperative, and just as emotion-driven.

Being an ER Nurse, a lot of people have asked me what I think about COVID-19. I almost inevitably tell them- first and foremost- that I really can’t overstate how much of a problem it is that we don’t have enough personal protective equipment (PPE).

The pandemic has effectively provided a laboratory-like demonstration that people do better when states can plan ahead, apply national resources unequivocally to the public good, put science in the service of the people, and practice international solidarity. These are characteristics of socialist societies.

The coronavirus pandemic is a serious public health problem and the human suffering caused by the spread of this virus will be enormous. If it massively affects countries of the Global South with very fragile public health systems that have been undermined by 40 years of neo-liberal policies, the death toll will be very high. We must not forget the critical situation of the Iranian population, victim of the blockade imposed by Washington, a blockade that includes medicines and medical equipment.

COVID-19 has challenged humanity: on what principles do you organise your society? The pandemic could have been defeated by cooperation, planning, transparency, and social solidarity. But instead, it was born into a society based on competition, secrecy, lies, and greed.

SARS-Co-2 or COVID-19 moves swiftly across the planet, leaving no region untouched. It is a powerful virus, with a long enough incubation period to hide the symptoms and therefore to gather more and more people in its deadly arms.

We are in the early stages of a medical Katrina. Despite years of warnings about avian flu and other pandemics, inventories of basic emergency equipment such as respirators aren’t sufficient to deal with the expected flood of critical cases.

On March 16, 2020, the chief of the International Monetary Fund (IMF) Kristalina Georgieva wrote a blog post on the Fund’s website; it represents the kind of generosity necessary in the midst of a global pandemic. “The IMF stands ready to mobilize its $1 trillion lending capacity to help our membership,” she wrote.

This month’s Money on the Left episode departs from the show’s regular interview format to reflect on the past, present and future of the Money on the Left project as a whole. We focus, in particular, on a recent special scholarly journal issue dedicated to Money on the Left, which was published by Liminalities: A […]

The White House held dozens of meetings about coronavirus response that excluded government experts because the discussions were unnecessarily classified over the objections of HHS Secretary Alex Azar, reports Reuters. Experts were not just barred from speaking openly about what we knew about the emerging pandemic. Apparently, they weren’t even allowed in the room.