Climate & Capitalism | An ecosocialist journal edited by Ian Angus
Description: (A site for non-sectarian anti-capitalist activists and free radicals.)
A) Blame things on the Virus.
Most current economic pundits seem to be blaming the present state of the world economy upon the interference in human affairs of a tiny speck of bio- chemical organic matter (a virus) plus the reaction of politicians to its spread (the pandemic). Blaming something external – at this point on time, the Virus – has become for the petite-bourgeoisie a convenient scape goat for the ills of the capitalist mode of production. The rest of us are supposed to be unaware of or ignore the fact that this and many oth
For in actual fact, the economic stagnation which has followed the Covid pandemic is merely a postponed continuation of what had occurred before the pandemic after the financial collapse in 2008. By then, there was already a massive neo-liberal overproduction of commodities and capital and a further reduction of the general rate of profit, which apart from some particular profitable sectors, had led to speculative financial, commercial and production based bankruptcies and unemployment. This reduction in em
Climate & Capitalism | An ecosocialist journal edited by Ian Angus