Coronavirus Pandemic, Economic and Political Crises, and Revolutionary Situations by Fazal Rahman, Ph.D.

Islands Brygge, Copenhagen (1998)

Image by Hunter Desportes via Flickr

by Fazal Rahman, Ph.D.
Writer, Dandelion Salad
Originally published on imperialismandthethirdworld, Apr. 7, 2020
April 8, 2020

The novel Coronavirus (COVID-19) is devastating the lives, cultures, mass psychologies, and economies of countries around the world. Here, I will not reproduce the damages it has inflicted in various countries. The news media are overflowing with such information. In this article, I will briefly outline the developing politico-economic effects, crises, and consequences of this pandemic.

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US Gunning for Trouble, by Finian Cunningham + Caleb Maupin: New Great Depression in USA?

US Gunning for Trouble, by Finian Cunningham + Caleb Maupin: New Great Depression in USA?

Screenshot by Dandelion Salad via Flickr
Watch the video below

by Finian Cunningham
Writer, Dandelion Salad
East Africa
Crossposted from Sputnik, Apr. 6, 2020
April 7, 2020

The spectre of the coronavirus pandemic in the US has darkened decidedly, with President Trump warning of a harrowing next few weeks from a surging disease death toll. Into the malevolent mix are reports of American citizens buying up firearms as if there is no tomorrow.

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Did Congress Just Nationalize The Federal Reserve? No. But… By Ellen Brown

Capitalism Is Crisis

Image by Steffi Reichert via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, Apr. 3, 2020
April 4, 2020

Did Congress just nationalize the Fed? No. But the door to that result has been cracked open.

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Michael Parenti: Welfare for the Wealthy

Uncle Sam Santa Claus brings gifts of corporate welfare

Image by DonkeyHotey via Flickr

with Michael Parenti
Writer, Dandelion Salad
Originally posted Nov. 27, 2011

“And they launch military spending programs that have transformed the United States into a permanent war economy. Rather than a laissez-faire government that does little, we have a corporate state that plays an increasingly active role in sustaining the process of capital accumulation for big corporations.” — Michael Parenti

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Chris Hedges: The Priorities Are To Bail Out Large Corporations + Hedges on Coronavirus, Climate and What Next?

Rent Strike Banner at the March for Europe - Whitehall, London - 2 July 2016.

Image by Alisdare Hickson via Flickr

Dandelion Salad

with Chris Hedges

RT America on Mar 27, 2020

The economic impact of the coronavirus has resulted in 3.3 million Americans signing up for unemployment benefits last week alone. Several states have responded by placing moratoriums on evictions and utility shutoffs. But some tenants say that this is not enough and are calling for a state-wide rent strike. Pulitzer-winning journalist and “On Contact” host Chris Hedges weighs in.

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Jack Rasmus: The Bailout For Workers Needs To Be As Big As The Bailout For Banks + Richard Wolff: Fate of the Global Economy

CAPiTALiSM KiLLS

Image by Metro Centric via Flickr

Dandelion Salad

TheRealNews on Mar 24, 2020

What relief will American workers get after the government poured $2.2 trillion into banks and businesses? Economist Dr. Jack Rasmus explains why the bailout for workers needs to be as big as the bailout for banks.

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If Neoliberalism Is Crumbling, What Will Follow? by Pete Dolack

Make Capitalism History - Politics For A Real Change *

Image by Wolfgang Sterneck via Flickr

by Pete Dolack
Writer, Dandelion Salad
Systemic Disorder, Mar. 18, 2020
March 23, 2020

The biggest problem with the future is that you can’t know what it will be. When Ronald Reagan was elected United States president in 1980, we did not at the time realize a new era of capitalism had begun; that the ascension of Reagan in the U.S. and Margaret Thatcher in Britain a year earlier definitively brought the end of the Keynesian period. Less than a decade earlier Richard Nixon had said, “We’re all Keynesians now.”

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Socialism at Its Finest after Fed’s Bazooka Fails by Ellen Brown

Class War #occupyboston

Image by Chase Elliott Clark via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, Mar. 21, 2020
March 22, 2020

In what is being called the worst financial crisis since 1929, the US stock market has lost a third of its value in the space of a month, wiping out all of its gains of the last three years. When the Federal Reserve tried to ride to the rescue, it only succeeded in making matters worse. The government then pulled out all the stops. To our staunchly capitalist leaders, socialism is suddenly looking good.

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Chris Hedges and Lee Camp, et al: Money Alone Cannot Overcome Coronavirus Crisis

Non graffiti, Leake Street (Coronavirus)

Image by duncan c via Flickr

Dandelion Salad

with Chris Hedges and

RT America on Mar 19, 2020

Pulitzer-winning journalist and “On Contact” host Chris Hedges, comedian and “Redacted Tonight” host Lee Camp, “Boom Bust” producer and co-host Brent Jabbour and RT America sports correspondent Steve Christakos join Rick Sanchez to discuss the intensifying COVID-19 coronavirus pandemic.

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The 2020 Coronavirus Economic Crash and The Crisis of Capitalism by Rainer Shea + Richard Wolff: This Is Like Nothing Ever Experienced

twt-saturday-fc - 2

Image by Francis Clarke via Flickr

by Rainer Shea
Writer, Dandelion Salad
Rainer Shea: Anti-Imperialist Journalist, Mar. 17, 2020
March 18, 2020

The global economic crash that we’ve entered into is going to be more disastrous for capitalism than was the case for the Great Depression. This is because now, the system has no way to stabilize itself amid the widespread impoverishment and loss of profits that will ensue. After the Great Depression, the United States and the other core imperialist countries moved towards welfare statism, neutralizing the class conflict that had been arising amid the crisis. But no such fix will come during this even greater shock to the system.

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The Fed’s Baffling Response to the Coronavirus by Ellen Brown + Richard Wolff: The Inherent Instability Of Capitalism Is Its Tendency To Have Economic Crises Every Few Years

Stock Market Crash Mission St. Grafitti

Image by zemistor via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, Mar. 11, 2020
March 13, 2020

When the World Health Organization announced on February 24th that it was time to prepare for a global pandemic, the stock market plummeted. Over the following week, the Dow Jones Industrial Average dropped by more than 3,500 points or over 10%. In an attempt to contain the damage, on March 3rd the Federal Reserve slashed the fed funds rate from 1.5% to 1.0%, in their first emergency rate move and biggest one-time cut since the 2008 financial crisis. But rather than reassuring investors, the move fueled another panic sell-off.

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Richard Wolff: Banks are Trembling! + Caleb Maupin: Oil Crisis on Wall Street! + Sanders Slams Trump’s Alleged “Natural Ability” To Understand Coronavirus

Capitalism Is Crisis

Image by Steffi Reichert via Flickr

Dandelion Salad

with Richard D. Wolff

RT America on Mar 9, 2020

Economist and founder of Democracy at Work Dr. Richard Wolff and broadcasting legend Larry King join Rick Sanchez to weigh in on Wall Street’s terrifying Monday plunge, the worst since 2008. They explain the link between oil exploration and extraction and the debt that fuels it. They also discuss the role of the coronavirus outbreak in the economic crisis and its likely influence on US politics.

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In a Struggle Between Oligarchy and Democracy, Something Must Give by Michael Hudson

99% over 1%

Image by Todd Blaisdell via Flickr

by Michael Hudson
Writer, Dandelion Salad
February 27, 2020

The Democrats’ Quandary

To hear the candidates debate, you would think that their fight was over who could best beat Trump. But when Trump’s billionaire twin Mike Bloomberg throws a quarter-billion dollars into an ad campaign to bypass the candidates actually running for votes in Iowa, New Hampshire and Nevada, it’s obvious that what really is at issue is the future of the Democrat Party. Bloomberg is banking on a brokered convention held by the Democratic National Committee (DNC) in which money votes. (If “corporations are people,” so is money in today’s political world.)

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Mexico: The End of the Neoliberal Era by Ellen Brown

Make Capitalism History

Image by Adam Lederer via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
February 11, 2020

While U.S. advocates and local politicians struggle to get their first public banks chartered, Mexico’s new president has begun construction on 2,700 branches of a government-owned bank to be completed in 2021, when it will be the largest bank in the country. At a press conference on Jan. 6, he said the neoliberal model had failed; private banks were not serving the poor and people outside the cities, so the government had to step in.

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Abby Martin: Eradicating Homelessness

Tenting (Homeless in Los Angeles)

Image by Russ Allison Loar via Flickr

Dandelion Salad

with Abby Martin

Empire Files on Feb 9, 2020

Abby Martin meets with Nithya Raman, progressive candidate for LA City Council in District 4, about her campaign to end homelessness in the nation’s epicenter and how local politicians refuse to take easy actions to eradicate the phenomenon–but refuse to in the interests of big real estate developers.

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