Tag Archives: capitalism

Covid-19, Disaster Capitalism & the Urgent Case for Socialism

By Eddie McCabe & Keishia Taylor, from the Summer 2020 edition of Socialist Alternative, the political journal of the Socialist Party. Capitalism must go. Virtually everything about the world today screams this. Take for example that in the midst of a global pandemic, when 1.6 billion people are in “immediate danger of having their livelihoods destroyed”, according to the International ...

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Existential threat of climate change looms large

By Sam Belton While the world reels in the face of the current Covid-19 pandemic, the climate change crisis ominously looms in the background as an ever-developing existential threat. Both crises are of course interconnected, as the evolution of SARS-CoV-2 – the coronavirus responsible for Covid-19 – was in part driven by global biodiversity loss and the destruction of finely-tuned ...

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How Deep is the Global Depression?

By Per Ake Westerlund, Rattvisepartiet Socialisterna (International Socialist Alternative in Sweden- ISA is the international socialist organistion to which the Socialist Party ) The world economy is being shaken as never before. 2.7 billion workers around the world — 81 percent of the labour force — are under lockdown or travel bans. Hundreds of millions risk acute starvation. And yet, ...

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Food dumping: Obscene waste at a time of mass want

By Ollie Bell The Covid-19 crisis is exposing the inherent weaknesses in the capitalist system. The privatisation of the healthcare system in Ireland and globally means that hospitals are underprepared to deal with this global pandemic. But what is also clear are the contradictions within the system. Images of empty shelves and long queues outside of supermarkets went viral, and ...

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Review: Big Farms Make Big Flu by Rob Wallace

By Sam Belton Covid-19 is spreading across the globe at an alarming pace, overwhelming health infrastructure and killing thousands, many of whom are frontline healthcare workers and poor people who lack early access to testing. Covid-19 is the acute respiratory disease caused by SARS-CoV-2, also known as the coronavirus. Genetically, this virus is 82% similar to the coronavirus responsible for ...

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Covid-19: Capitalist market & the PPE shortage

By Conor Burke Throughout the COVID-19 crisis workers in various essential services have gone beyond the call of duty to help the rest of us feel safe and secure, from supermarket staff to pharmacy workers to public transport personnel and others. Arguably, it is those front-line workers in our hospitals who have proven themselves not just essential but the difference ...

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Nevada homelessness – a picture of US capitalism today

By Harper Cleves In the last weekend of March, images of a parking lot converted into a homeless shelter in Las Vegas, Nevada sparked outrage. The images of the make-shift shelter are stark and are illustrative of the grotesque inequalities that lie at the heart of US capitalism.   Human beings lie directly on asphalt, or on thin blue foam sheets ...

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1930s Great Depression & global crisis today

“The shock to the global economy from COVID-19 has been both faster and more severe than… even the Great Depression.” That comment by economist Nouriel Roubini on 24th March indicates the growing possibility of global events entering an entirely new period. One way to prepare is to study and draw lessons from the 1930s. By Per-Ake Westerlund, Rättvisepartiet Socialisterna (our ...

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