Category: Coronavirus

The government had time to prepare for this calamity. But it spent all its time devising an austerity budget to cut social spending and wages. What is worse is that the government is completely unprepared for the economic fall-out from the pandemic.

The coronavirus will be used by the bosses to excuse a thousand sins against workers in the coming weeks and months. This is the real class content of “a united nation”. It is an appeal to unite behind the capitalist class and accept their leadership in the crisis.

The biggest one-day fall in stock markets since the financial crisis; an oil price war between Saudi Arabia and Russia; and the fastest drop in the cost of oil for 30 years. The impact of coronavirus on an already fragile world…

China is a vast country, with the biggest population in the world, but one in which a multi-million state machine stifles initiative and fears the voice of the people. A small but very rich capitalist elite rules in the name of ‘communism’ but generally operates according to the laws of the market.