robbo203
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Another left-liberal approach to “stimulating the economy” based on the flawed theory of underconsumptionism https://eand.co/america-is-committing-economic-suicide-c7c1f7122169
More on bank bailouts and funny money
This is not the end of capitalism, it might be the end of one of its forms, but it might adopt a different now and it will continue operating.
True. But I think the pandemic could bring about a certain contraction or hollowing out of capitalist relations of production. I sincerely doubt that we will ever get back to “business as normal” after this
Talking of which here is something that landed in my in tray this morning
The main economic impact is going to be in developing countries. If people in the developed capitalist countries think they’ve knocked for six economically speaking imagine what it must like working in the informal or black economy in some vast megalopolis somewhere. I am struggling to envisage what is going to happen in the next few years even if capitalism does not implode (which is unlikely)
I can see disaster looming ahead for India and at so many different levels. It could well overtake the US as the new epicentre of the virus in a few weeks time
and
and
https://www.facebook.com/watch/?v=2707708222675521
The experts were called in some time ago, reminded a month ago.
Hi Matt,
Any chance they could reminded again as the state of the forum is not good, its just not running well and some of the longer threads are very slow to open. I think we need to get the forum in tip top form because with lockdown its likely that we are going to see an increase in participation rates…
What about the refugee camps and the vast crowded slums in places like Africa , Bangladesh and the Middle East (Syria, Yemen etc )? After America , these countries could soon become the new epicentre of the virus. War is an important factor in spreading the virus through the creation millions of refugees fleeing to overcrowded camps and as in Libya, the warmongering death cultists are cynically taking advantage of the situation when the eyes of the world are focussed on the virus, to pursue their disgusting objectives
“We’ve seen how countries with advanced health and disaster management systems, across Europe and in the US, have struggled with the coronavirus,” Miliband told FRANCE 24. “Imagine what it’s going to be like where there is no proper health system, where there is no public health system – those are the places where the International Rescue Committee works.” https://www.france24.com/en/europe/20200331-interview-coronavirus-could-run-rampant-in-poor-countries-irc-chief-david-miliband-warns
More updated figures on infection rates and mortality rates
A rather disturbing and very informative report of the deteriorating situation in America which is now pulling away from the rest of the world as the new global epicentre of the virus
https://medium.com/the-atlantic/how-the-pandemic-will-end-c6200beea706
This is a very interesting article. So capitalist agribusiness may very well be what lies behind this virus https://www.msn.com/en-gb/news/spotlight/is-factory-farming-to-blame-for-coronavirus/ar-BB11Qjbo?ocid=spartandhp
I agree. The forum seems to be becoming increasing difficult to use and its quite off-putting. I too have just lost a post
Dave
From my reading of the literature the scientific consensus seems to be that the mortality rate for the virus is about 1% . The initial WHO estimate of 3.4 % was adjusted downward after taking into account many people may have the virus without knowing it.
By contrast the mortality rate for flu is o.1% i.e. ten times less
https://www.livescience.com/new-coronavirus-compare-with-flu.html
If this whole thing is a hoax as you suggest then why would the capitalists cause such enormous self inflicted damage to their economy and for what possible purpose????
This is something for which I have yet to come across a remotely plausible explanation
