Tag Archives: Economic crisis

A tale of two Covid crises – billionaire bailouts & bupkis

By Mike Murphy We’re all in this together apparently. But, like a ship that’s taking on water after a frontal collision, only one end of the vessel is going under; the other end is ascending. The Covid-19 pandemic is very much upon us, and we are all well aware of the strong economic implications. The World Bank predicted in June ...

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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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