Capitalism is exacerbating the havoc being wreaked by COVID-19 in Latin America. In the projected largest recession in its history, 12 million more people will lose their jobs, leaving 29 million more in poverty.
A Marxist-Humanist analysis of the state of the U.S. economy and the revolt of labor in the wake of country-wide teachers’ strikes, an historically long government shutdown, and an unsteady, uncertain worldwide economy.
We look at the world economic situation that must be changed: the role of state-capitalism, labor, climate change, the law of value, exploitation, alienation, and revolution and counter-revolution in Syria.
Part I of the Draft Perspectives 2016: Discontent is seething in the U.S. among workers, youth, Blacks, women, LGBTQ, including elements of the new society. Fear of revolution is powering neo-fascism opposing the revolt.
People’s suffering, no matter the price of oil, demonstrates capitalism’s inherent deep ties with climate change and economic destruction.
News & Letters, Vol. 56, No. 5
Political spectacles cannot hide reality of deranged capitalism
At the end of a months-long political spectacle in Washington–manufactured over irrelevancies concerning what should have been a routine raising of the national debt limit before the Aug. 2 deadline–reality struck with a bombshell: the anemic “jobless” recovery in the U.S. [=>]