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Class Consciousness In The Age Of COVID by Colin Todhunter

October 30, 2020October 30, 2020 EarthNewspaper.com Comment(0)

Prior to the appearance of COVID-related restrictions and lockdowns, neoliberal capitalism had turned to various mechanisms in the face of economic stagnation and massive inequalities: the raiding of public budgets, the expansion of credit to consumers and governments to sustain spending and consumption, financial speculation and militarism. Part and parcel of this has been a strategy of ‘creative destruction’ that has served to benefit an interlocking directorate of powerful oil, agribusiness, armaments and financial interests, among others. For these parties, what matters is the ability to maximise profit by shifting capital around the world, whether on the back of distorted free trade agreements which open the gates for plunder or through coercion and militarism which merely tear them down.
https://off-guardian.org/2020/10/30/class-consciousness-in-the-age-of-covid

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