The situation in Palestine is grim. Unemployment levels are alarmingly high – 121,000 Palestinians lost their jobs in the wake of the first lockdown and employment figures declined by 17% in Gaza. The Palestinian Central Bureau of Statistics issued the findings of its labor force survey for the third quarter of 2020, which show that the unemployment rate rose to 28.5% of 2020, up from 24.6% in the equivalent period of 2019. Some 40% of Palestinian households have lost more than half their income and food insecurity rates have soared.
RT America on Nov 21, 2020
On the show this week, Chris Hedges talks to Dr. Margaret Flowers about the Covid-19 pandemic and the catastrophic response to the public health crisis under America’s for-profit driven healthcare system.
Britain’s sorry excuse for a leader, Boris Johnson, has proudly announced the biggest spending spree on the nation’s military in 30 years. This comes as the country is reeling from disease, a healthcare crisis and economic misery for millions of workers.
Black Agenda Report Presents: The Left Lens on Nov 10, 2020
What does the presidential election say about the United States and its political and economic system? Left Lens Co-hosts Margaret Kimberley and Danny Haiphong react to the closing weeks of the 2020 election between Joe Biden and Donald Trump.
theAnalysis-news on Nov 2, 2020
Trump’s economic policies have not addressed the fundamental forces that have gutted industrial jobs under the administrations of both parties, says economist Michael Hudson on theAnalysis.news podcast with Paul Jay.
In 1937, the storyteller H.P. Lovecraft wrote this about the direction that capitalism was taking:
“Capitalism is dying from internal as well as external causes, and its own leaders and beneficiaries are less and less able to kid themselves…The only avenue of survival for plutocracy is a military and emotional fascism whereby millions of persons will be withdrawn from the industrial arena and placed on a dole or in concentration camps with high sounding patriotic names. That or socialism—take your choice. In the long run it won’t be the New Deal but the mere facts of existence which will be recognized as the real and inevitable slayer of Hooverism.”
Updated: October 6, 2020
Palestine is currently facing a quadruple crisis consisting of Covid-19 pandemic, Zionism, imperialism and reactionary Arab regimes. With more than 50,000 Coronavirus cases, Palestine is finding it hard to combat the pandemic with a war-torn and fragmented healthcare system. The ruthlessness of Zionist ideology has invariably prevented the proper development of health infrastructures and what we have now is a severely under-resourced health architecture perforated by the wounds of settler colonialism. As a result of Israel’s 53-year occupation of West Bank and Gaza, the region has been converted into a donor-dependent system that has perennial shortages in equipment, medication and staff due to military raids and import restrictions. While the Palestinian Authority (PA) has tried to effectively operate within this restricted environment, the all-encompassing Israeli chokehold around the Occupied Palestinian Territories (OPT) has greatly curtailed the administration’s ability to secure key supplies to counter the spread of infection. Not contented with the restriction of medical supplies, Israel has further hampered Palestine’s Covid-19 response by comprehensively destroying two Coronavirus testing centres.
As this year’s economic crisis has developed, the U.S.-centered corporatocracy has desperately been trying to maintain the illusion of growth, or at the least the illusion that the current contraction is sure to end and things will return to normal. But as unemployment claims in the U.S. have continued to rise, and factors like the cold war with China have thrown the NATO countries into further economic chaos, it’s become clear that the stock market has been overly optimistic about a coming recovery. Market Watch wrote last month that “The rebound will be much more gradual than the V-shaped pattern investors are betting on.”
Black Agenda Report Presents: The Left Lens on Sep 28, 2020
The U.S. claims to hold a monopoly on human rights despite being the most egregious human rights violator on the planet. Margaret Kimberley and Danny Haiphong discuss the domestic and international scope of U.S. human rights abuses and the hypocrisy of the evidence-free claims made against China.
It’s hard not to agree with American professor Richard Wolff when he says the real disease facing the world is not Covid-19 but rather the failed economics of capitalism.
Wolff’s analysis is more cogent than ever.
The Iraq invasion was a prelude to our current war run-up, the war run-up that the United States would experience when its global imperial hegemony came under threat during the 2020s. Like was the case in 2003, the empire’s propaganda machine has inculcated its narratives into the minds of a solid majority of the public. Like was the case in 2003, the main target of the empire’s violent rage is merely a scapegoat for the crises that the U.S. has been experiencing. The difference is that in 2020, America’s cultural psychosis is being directed towards preparing for a war far larger than the Iraq War, a war so destructive and costly that it could end up breaking U.S. hegemony for good.
The United States has hit a dangerous threshold when a senior member of the Trump administration is warning citizens to arm themselves because “leftwing hit squads” are about to seek retribution.
The U.S. is Saving the Financial Sector, not the Economy
Before juxtaposing the U.S. and alternative responses to the coronavirus’ economic effects, I would like to step back in time to show how the pandemic has revealed a deep underlying problem. We are seeing the consequences of Western societies painting themselves into a debt corner by their creditor-oriented philosophy of law. Neoliberal anti-government (or more accurately, anti-democratic) ideology has centralized social planning and state power in “the market,” meaning specifically the financial market on Wall Street and in other financial centers.