With the coronavirus pandemic, Europe faces its most serious crisis since WWII. European integration is buckling under the pressure.
The most nefarious element in the response to the COVID-19 crisis are the actions of those seeking to make top dollar from the artificial scarcity and oligopoly of the American healthcare system in this time […]
Social distancing in and of itself is an iron necessity for addressing the spread of COVID-19. However, the capitalist state cannot coordinate the response required to stem the disease significantly.
The coronavirus crisis in Italy has brought out the real nature of capitalism. Profit is being placed before lives, but the working class is reacting with militant strike action. What lessons can be drawn for […]
In 2007, the author Naomi Klein wrote the book The Shock Doctrine. In it, she described “disaster capitalism”: a political approach to disasters that seeks to maximize private profit in their aftermath. As the scale […]
A perfect storm of private sector profiteering, reckless production practices, environmental destruction, and underinvestment in medical research has made global pandemics more common, and undermined our capacity to deal with them.
Faced with the threat of contagion, L.A.’s homeless are organizing to protect their lives. Several people, among them working families, have begun occupying vacant houses.
Whenever there is a crisis of any kind, you can count on corporate America to try to use it to enhance their brand’s image, and the novel coronavirus pandemic is no exception. As an example, […]
The coronavirus pandemic is shutting down society and paralyzing production around the world. The global capitalist system is facing an existential crisis, with a slump that is affecting all countries simultaneously.
The following statement by the International Marxist Tendency explains how capitalism has utterly failed to deal with the coronavirus crisis, and is putting the lives of millions of people at risk.
The global airline industry is on its knees, facing an unprecedented crisis. It is no exaggeration to say that this could be worse than 9/11 and the 2008 slump combined.
The COVID-19 pandemic has plunged American society into panic. With confirmed cases and the death toll rising by the hour, capitalism has already proved incapable of dealing with this crisis.