Tag: Coronavirus

Capitalism laid bare

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The Coronavirus pandemic is making painfully clear to everyone what socialists of all sorts have been pointing out for years: Capitalism doesn’t work!

Nowhere is this more obvious than in the response to the crisis where the “invisible hand of the free market” did absolutely nothing until it was too late and the costs of handling it have become prohibitive. Instead what is actually working is mutual aid. With people springing to the front and volunteering their life, health and even their very lives to help others.

You might see it in all those news about this or that celebrity donating so many millions to the Coronavirus response (we should of course not be praising a billionaire that if effectively giving what amounts to chump change for them, but mass media is gonna propagandize), but it is primarily the thousands of health workers and grocery store employees who are continuing to work with minimal wage and massive health risks because nobody else will. Sure the threat of homelessness is certainly making some people continue to work in life-threatening conditions, but from what I’ve seen, most do it out of a sense of duty. And even if it was the threat of destitution that made doctors and clerks for to their job during a pandemic, it would not exactly be a high praise for the system.

And the free market even now continues to malfunction. Sure a lot of companies are switching only now production to critical provisions, but either they’re doing out of sense of civic duty again (or at least, that’s how they’re portrayed in the media en large), or under pressure from their respective states. Not to mention that the pressures of the capitalist system are putting pressure to non-essential companies to continue operating, putting their workers and the general populace in danger, in order to not collapse.

This situation also makes it blatant on how illusionary money and monetary policy is. When things are going well, it’s all important to save money and “be responsible” and whatnot. But when a crisis comes, money is not important anymore, rather workers are expected to self-sacrifice for the common good, while companies get bailed out and CEOs can just take month-long vacations on their private yachts.

Think about it: For the world, nothing critical has changed. You’re still living in the same house and are getting food and supplies. The people providing supplies are also getting the same things, so they can stay alive and keep working. Now take money out of the equation: Nothing changes.

The only thing that money does in this situation is support the parasitic class of Landlords and Capitalists! We can plainly see that the world will keep turning without them but our ancestors were forced into a fool’s game and people have been running in that wheel out of sheer momentum ever since.

Now that suddenly so many people don’t get any income while their parasites still continue asking their due, people are starting to ask the question: “Wait a minute, why am I even having to give you money?”. And this is why as the bills are coming due, rent strikes and organized action are suddenly becoming widespread. And it’s beautiful!.

And believe me, Capitalists and their bootlickers are shitting their pants right now. The propaganda campaign is going in full-force in places like the /r/coronavirus subreddit whenever posts about rent-strikes rise to the top, but they can’t control it anymore. Governments are dumping trillions (fucking trillions! You can’t even comprehend how big a number that is) into people and companies, hoping to keep the illusion of the monetary system going until thing go back to normal. They literally give money to the workers to pay their landlords so that the workers who don’t have any money left, don’t question why they’re having to pay a landlord in the first place. That’s how desperate they are getting. Last time anything close to as massive happened, they ended up with The New Deal, and they remember!

But this is not going away soon, and the more plutocrats print money to throw at people to pretend the situation is still normal, the more people are going to start to wonder: “If money can just be made out of thin air like that, then what’s the fucking point of pretending it’s necessary?”

Sadly, disaster capitalism can’t let a good crisis go to waste, so we’re already seeing autocratic governments use this opportunity to take as much control as they always wanted. Just take a look at Hungary becoming a full-blown fascist dictatorship, or the Trumpian USA straight-up disemboweling environmental protections as they always wanted (and I fully expect Trump will try to postpone elections indefinitely once things get sufficiently worse, just as well). And on top of that, misinformation is taking advantage of the epidemic news coverage to reinforce denial of climate catastrophe. It’s completely fucked up.

Due to this, if we miraculously manage to contain Coronavirus fast enough, and “save the economy” (i.e. maintain the illusions of the working class) then we’re going to find ourselves in a much worse system. Much more authoritarian and much more dystopian than anything we’ve experienced until now.

However, as is looking much more likely, the endemic corruption of the capitalist class has become so terminal that it has stymied any effective response they might have taken and Coronavirus is set to last for months, if not years. And for the current system based on the absurd concept of infinite growth, this is fatal. And the more this takes to get under control, the more working class consciousness will grow as direct action for mutual aid will replace the state and market (non-)response. And if it grows fast and strong enough, when the system inevitably collapses from abject stagnation, we might just replace it with something wonderful just soon enough to start the massive global work we’ll have to undertake to stave of climate apocalypse.

Coronavirus has come at the worst time for the global capitalist system but as counter-productive as it sounds, the longer it takes to run its course, the better it might be for the future of humanity as a whole, as it lays the species-ending flaws of capitalism bare for all to see.

The interesting times begin

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For Humans, Coronavirus by itself might not be as bad as other diseases like the black plague, but for the global capitalist system it might just end up being terminal.

It started by slowing down the productive capacity of the largest owner of means of production, China. It then progressed to disrupting the routine functions of wage-slavery in densely populated city centers. Soon it’s going to cause immense pain due as the landlords demand their parasitic rewards from people who have not earned any money for a month and have no safety net to fall back onto.

All these effects, are like vital organs in a human patient starting to fail. This, along with some other unexpected “inflammations” (such as the Oil trade war), and the people observing and taking bets on the patient’s recovery start to panic.

Which has now caused an unprecedented stock market crash. Faster than even the Great Depression crash of 1929 where we replicated the same percentile loss in less time. And it’s nowhere near the bottom yet, as the Coronavirus has not even fully taken hold of the US yet.

The cancer of the propaganda channel of Fox News and pretty much the rest of the Murdoch empire has weakened our global immune system enough in the past 3 decades that it managed to create the orange malignant tumor known as Trump, who proceeded to accelerate the dismantling of capitalism’s immune system even further. And now, the first real shock has already sent the global system into cascading failure.

The few million deaths due to healthcare systems becoming overwhelmed during Coronavirus are going not going to be nearly as disruptive as the repercussions of a stalled capitalist system supported by central banks which have no more measures to jump start it anymore and bad acting world leaders.

The situation forming right now will probably end up being the biggest Capitalist crisis the world has ever experienced.

Our Coronavirus reaction is like a test run to the climate catastrophe

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It amuses me darkly to see the reaction of the so-called “civilized world” turn from schadenfreude at the plight of the Chinese, to denial and worry, to full-blown panic in the past month, as the Coronavirus spreads unchecked to our own communities now.

However I can’t help but see similarities in these reactions to the ones we have to the climate apocalypse, albeit at something like 3 orders of magnitude faster pace.

Like the climate catastrophe, nations not yet affected have been assuming nothing bad will come out of the Coronavirus and that business as usual should continue. Any steps of preparation were sporadic and isolated, from a few “doomers”, often ridiculed by the smug people who assumed this epidemic would simply fizzle out like the Ebola, or SARS.

They don’t realize, of course, that those diseases might have only fizzled out due to an immediate and good response. But it’s on our nature to label any successful attempt to prevent the worse as an “over-reaction” to something that “wouldn’t have been a big deal”. Frustratingly I see this daily in how many companies perceive investment in their IT departments as an overall loss.

The calls of “climate panic” of climate deniers map very well to the denials and conspiracies created by people when Coronavirus first appeared on the scene. It is for this reason that Europe and US have completely squandered all the time and lesson bought by the Chinese response. And by the time the effects of the pandemic were felt in the western cities, it was way to late to mount an effective response, and the cost of that response is likewise orders of magnitude what it could have been had measures been taken early enough.

Likewise, by the time the real effects of the climate catastrophe start being felt in an undeniable manner, it will be way too late to salvage it. The cost to the existing sociopolitical systems will be prohibitive and thus nothing significant will be effected.

The people in power assume that they will be spared the worst of a catastrophe, but as Coronavirus spreads indiscriminately and the old plutocrats realize their money cannot shield them, so will the collapse of modern civilization from climate catastrophe make their power vanish into thin air as their private security forces realize who has the power in an apocalyptic situation.

The worst thing in my opinion is that we cannot even use this epidemic as an effective wake-up experience because of the timescale of the climate. To mount an solid response to the global warming, we should have started 30 years ago, but like Coronavirus, we simply squandered out rime into business as usual because “it hasn’t happened yet”.

In the scale of climate Catastrophe I speculate we are at the phase Coronavirus was two weeks ago. Some isolated nations have felt the brutal effects, but they were either not significant enough, or those nations themselves could somehow be blamed for it. By the time the climate catastrophe finally manages to panic as many people as Coronavirus has today (5-10 years I expect), it will be too late to do much about it.