The stock & bond markets around the world have crashed. As of this publication, mid-afternoon EDT, Europe is paralyzed due to the coronavirus epidemic. China is starting to recover, but nothing is moving economically yet. Wherever it isn’t an epidemic, it’s a pandemic, waiting to become an epidemic. That’s because the nationalist governments of the world are unable to come up with any kind of scientific & coordinated response to this human disaster. History will remember coronavirus as the pin that popped the bubble of capitalism.
There are several things that are becoming increasingly clear as this global crisis unfolds. First is that our way of life is now changing forever. For those who are still working, many are doing it at home. For most of them, this is the way it should be, as texting, email & video conferencing no longer necessitate that management personnel meet in the same building. We have global warming, and this change for the better will cut down on unnecessary business meetings & travel, which under capitalism are almost always useless.
A second lesson that is being learned is that sports aren’t very important, in the big picture. These were the first activities that were shut down, when this coronavirus was spreading globally. Sports are an integral part of this fake economy which is meant to provide bread & circuses for the masses. But when things get tough, sports & entertainment get put on hold, as history collides with class forces.
Does anyone care what LeBron James or Jennifer Lopez have to say right now? The answer is no, because they have no expertise on the problem. All they know is what they are good at, so their opinions on anything else aren’t any better than anyone else who doesn’t know. So why are celebrities idolized & elevated so much? People staying at home have lots of time to think about stuff like this.
To take it a step further, it’s educational to go onto YouTube & watch any older version of your favorite sport(s), and observe how much better most leagues were in the past. Not that is was perfect back then (it wasn’t), but there were far less commercials, less exploding graphics, and less-annoying announcers. The contests were shorter, and more action-packed. The same holds true for Hollywood television & cinema being better in much of the 20th century, as compared to today. Since the old stuff is more entertaining, so why do we need all this new garbage? It’s progress to have this 24/7 fakery machine shut down.
The final truth here is that capitalism is responsible for this coronavirus pandemic, and unable to meet its challenges. US President Donald Trump has hopelessly poured trillions of dollars into the stock & bond markets to keep them afloat over the past two weeks, but to no avail. Any brief rise in the markets has been a “sugar high” from these injections of trillions, that quickly wears off as reality sets in. There are no markets left to trade in, because the global supply chains have collapsed. Thus it’s futile to throw money at the markets.
All this started in China in December 2019, with the coronavirus COVID-19 mutating in bats, then spreading to humans. The rest of the world’s governments had months to prepare for this contagion, but arrogantly & ignorantly refused to take it seriously. Now what do they have to say? The coronavirus denialists are now being shouted down everywhere, by the facts on the ground, and the workers who are on the front lines.
Every government’s policy is trillions more for the 0.01%, while the rest of us must face this coronavirus without mass testing & protection. Without testing, there can be no tracing, nor effective treatment & quarantine of the ill. It was bipartisan policy for the US government to reject WHO test kits over eight weeks ago, the most essential front-line tool for containing coronavirus.
You can’t fight what you can’t identify. US officials wanted “our” pharmaceuticals to make their own proprietary tests so they could profit handsomely, but the pandemic has spread too quickly. Today, we still don’t have mass testing for coronavirus in America. Democratic presidential hopefuls Joe Biden & Bernie Sanders only make excuses for this colossal failure. That’s how this two-party political system fails all of us.
What these parasites, strawmen & figurines have done to the world is unforgivable, and it won’t take long for the masses to realize this. Workers have bills to pay, with little-to-no reserves, and now no cash flow. When people can’t afford food & rent, that’s when the pitchforks & torches come out, looking for retribution against those responsible.
The biggest shame of all this is the fact there are millions of workers (in America alone) who are skilled & are heroically doing everything they can to contain this virus, while providing essential services to the population, despite the willful neglect of political leadership. These are the true heroes, but they are unrecognized by the media; starved of funding, supplies & necessary protective equipment by a corrupt system. These everyday heroes are forced to work because they care, and also because they live paycheck-to-paycheck. These are the people who live & work in reality, and therefore need to be in charge, not capitalist politicians.
Both US political parties, Dems & Reps, are eventually going to call off Election 2020, due to their inability to deal with this coronavirus. That will be another clear signal for revolution, as maintaining the status quo won’t do for the 90+%. This is now a revolutionary situation, and requires class-conscious leadership within the working class. Workers & youth need to organize amongst themselves. Appeals to the union bureaucracies & the capitalist class are a dead end.
Trump & the Democrats listen closely to the screams of Boeing, and how they need hundreds of billions. Meanwhile angry workers & youth are asking, “Why does this zombie corporation, that knowingly committed mass murder with their MAX 737 crashes, deserve a bailout?” As already stated, it’s not going to take long for youth & workers to put a revolutionary political program together, and it will be led by the Trotskyists of the World Socialist Web Site & SEP/ICFI.
What’s become apparent is that the working population & kids of the world are far ahead of any government. They understand the realities of global warming, social inequality & now the coronavirus better than their elected leaders. Many offices, stores & small businesses closed on their own, before they were ordered to, proving they recognized the risks better than our so-called “leaders.”
In this age of the internet, we now can identify the enemy. They start with all the names you see on Fox, CNN & Yahoo!, then it goes to those behind-the-scenes. It’s Wall Street, silicon valley, Hollywood, the East coast media, the pentagon, CIA, NSA, FBI, White House, Congress, and the Supreme Court. This is the criminal capitalist class, which must be ousted, and replaced with a workers government of the world. This is called socialism, and it’s only achievable through an international revolution. Please join us.