Category Archives: capitalism and anti-capitalism

the Senate coronavirus stimulus package: wsws crunches the numbers

Patrick Martin also notes the many caveats and unknowns afoot in potential waivers to the General Rules as to which corporate loans end as gifts, and more.  His explanation of each state having its own static metrics of unemployment compensation was new to me.  And yes, RT.com is reporting that there were 3.2 million new applications for compensation filed this week, obviously not just for employees ‘furloughed due to coronavirus’ as earlier reported as covered in the Stim package.

‘US Senate passes massive economic “rescue” bill’, Patrick Martin, 26 March 2020 (I’ll paste almost all of it in)
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Amerikan Cornonavirus stimulation package: a PSA

Great for Big Bidness, a travesty for the working poor and either a one-time or two-time check nothingburger for the plebians.  I just watched Mitch McConnell rant about some of the items the D want included (solar energy credits now?), and otherwise you can bet your bippies that the D Team has our backs!

The Ds and Rs were deadlocked last night, but will meet again today, according to the Guardian: $1,200 checks for all? What you need to know about the US coronavirus bailout; US government is debating bill of to $1.8tn for money going to businesses, corporations and directly into the pockets of Americans’, March 23, theguardian.com
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WEF at Davos 2020: Jan. 21-24

Upon entering the WEF site yesterday, this fascinating video from last year was featured:

A preview of the lofty conference from wsws: ‘Climate change “spin” as Davos gathering confronts mounting environmental and economic crisis’, Nick Beams, 20 January 2020
“The World Economic Forum (WEF), which holds its annual meeting this week in Davos, Switzerland, has tried in recent years to feign concern about the welfare of society as it brings together the ultra-wealthy, government and media representatives and the heads of major corporations to defend the profit system. This year’s gathering is no exception.

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Connecting the Dots

This is an op-ed by John Steppling from Dec. 21, 2019 at off-guardian.org for your consideration.  We’d been discussing both capitalism and climate change recently, and although this all seems so utterly beside the point now given the ever-increasing US threats to increased war on Iran (now even nuclear war).  But I’d said I’d post it, so I am; I’ll offer a couple things at the end.  As John’s kindly given me permission to republish all that he writes, I’ll post it all.


Capitalists are no more capable of self-sacrifice than a man is capable of lifting himself up by his own bootstraps.”
Lenin – Letters from Afar
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*literal* Vampire capitalism


From mintpressnews.com: ‘Harvesting the Blood of America’s Poor: The Latest Stage of Capitalism’, Blood has become big business in the United States and there is no shortage of corporations ready to exploit America’s most vulnerable populations in order to get a piece of the pie’, Alan Macleod, Nov. 3, 2019

All content at Mint Press News is Creative Commons, but here are some of the most salient & sickening outtakes of MacLeod’s lengthy exposé:
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AMLO ‘reaches out’ to the Zapatistas

Guess how well that’s  gonna work out…given who AMLO turned out to be. This is longish, but I hope you’ll enjoy reading about actual revolutionary socialists who dared to declare themselves independent of  the official government.   Most have managed to survive, and their example has spurred the formation of other indigenous autonomous zones in Mexico.  They are now under attack by AMLO’s government, and are ready to defend themselves.


‘AMLO reaches out to Zapatistas, but the relationship is not a warm one;
They did not support him in his bids for election yet both are on the left of the political spectrum’, Monday, July 8, 2019, mexiconewsdaily.com
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Socialism 2019

Who knew that socialism had already come to the US? I’d given some of these links a few days ago to Aspie Corner, but he seemed to have been off on another project.  I thought he’d enjoy a lot of this; I know I do.  First, some background:

June 28, 2019 ‘Socialism 2019: the Left at a Crossroads’, Louis Proyect, couterpunch.org, June 28, 2018 (some bits and bobs)

“For a number of years, the International Socialists Organization, once the largest Marxist group in the USA, held educational conferences either in Chicago or in various American cities. In 2004, I attended a plenary session of a regional conference at City College in New York, mostly to hear my old friend Peter Camejo who was the featured speaker alongside Ahmed Shawki, the disgraced former leader whose cover-up of multiple rapes in the ISO led to its dissolution this year.”
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