COVID-19: Seeds Of Revolution Grown On Capitalism’s Corpse?
As the global COVID-19 crisis builds up its incredible momentum, for which an apex is still months to come, the mainstream media and so-called policymakers are dazed and confused, lost in graphs of exponential case counts and body counts; shipments of masks and respirators; and the assembly of makeshift hospitals. Everywhere the morgues are filling up and the crematoriums are burning the cadavers at full tilt.
While the palpable fear of death looms everywhere, the 2,020 members of the billionaire class, and their worldwide political surrogates, have an eye on other graphs: not going up like the graphs of the deaths, but plunging in an even more dramatic configuration. It is, of course, the COVID-19 induced crash of all financial markets and the precipitous dive of oil price. It is the Great COVID-19 Depression.