The 2008 global capitalist economic crisis, the effects of which are still visible today, was a tremendous opportunity for the big capitalists to increase their wealth. During a period of ten years, from 2008 to 2018, the number of billionaires was doubled, like their profits. It has been proved that the crisis generates more capitalists.
The Coronavirus pandemic, which has plagued the world since the beginning of 2020, comes to confirm that capitalist barbarity “feeds” from the people's death, poverty, impoverishment and exploitation. The recent report by Forbes is revealing:
Tuesday, December 22, 2020
Capitalism is the virus, Socialism is the vaccine!
Monday, December 21, 2020
Reaganomics Exposed: Keeping tax low for the rich doesn't boost economy, new research says
The economic policy that U.S. President Ronald Reagan advocated for pushed for lower taxes for the wealthy and less business regulation by the government. The idea was that showering the rich with even more money would - supposedly - result in a greater supply of services and goods, at lower prices, and an increase in employment.
Tuesday, December 15, 2020
Questo è il capitalismo: Queues form outside Milan food banks as capitalist crisis deepens
But behind the impressive facade of capitalist growth, there is another Milan which reflects the deepening class inequalities and the results of long-time policies by the bourgeois Italian governments and the European Union.
Friday, December 11, 2020
Who will pay for the crisis? Lufthansa receives $10 billion state bailout and cuts 30,000 jobs
The COVID-19 pandemic had a serious impact on the aviation industry due to travel restrictions and a significant slump in demand among travellers. No travellers means less profits for the big airliners. In order to reduce losses, the monopolies of aviation proceed to a series of anti-labor measures, including pay cuts, furloughs and, of course, layoffs.
Monday, November 23, 2020
Youth in Survival Against Pandemic and Capitalism: SOCIALISM or BARBARISM
Since the outbreak of the pandemic, working people all around the world are envisaging numerous attacks against their rights. Their right to healthcare is getting vandalized by capitalist governments who are promoting private health industry instead of public healthcare.
Friday, November 20, 2020
KKE MEP Nikolaou-Alavanos: "EU and bourgeois governments defend healthcare's commercialization against people's needs"
This program seeks to legitimize the inadequacy of public health systems that was proved painfully in the first wave of the COVID-19 pandemic and is even more dramatically confirmed in the second. It lays down, among other, the air transportation of doctors from one country with a disintegrated public health system "of one disease" to another, perpetuating the patch of gaps, opening others, while in each case the private health groups are growing richer, destroying the people's income.
Saturday, November 14, 2020
Solidarity with the workers and staff in U.S. airlines — No to layoffs, pay cuts and anti-labor measures!
The 90,000 job losses will bring U.S. airlines employment to its lowest level since the mid-1980s by year's end as a result of more than 30,000 furloughs at airlines such as United and American and thousands of other workers from Southwest, Delta Airlines and other carriers accepting buyouts, CNBC reported.
Bureau of Transportation Statistics data that the trade group compiled show the drop from pre-COVID peak in March of 460,000 full-time jobs to 370,000 full-time jobs by year's end.
Friday, November 13, 2020
Hanna Gharib: The socialist ideology has succeeded in the battle against Covid-19, whereas capitalism failed
Hanna Gharib referred on how states like China, Cuba and Vietnam succeeded against the COVID-19 pandemic, in sharp contrast with the failure of most capitalist states to protect their people. (Read here his speech)
Tuesday, November 10, 2020
Lockdown capitalist policies! KKE slams Greek government's handling of the pandemic
Alongside the lockdown, as the Communist Party of Greece (KKE) mentions, the government has committed crimes against the people's health and safety in order to serve the interests of the capital in a number of industry branches.
Thursday, October 29, 2020
U.S. Election 2020: Neither Trump nor Biden!
On November 3rd, the people of the United States of America will vote for the new President and vice president of the country. The two major contestants, current President Donald Trump and the Democratic nominee Joe Biden, are the two sides of the same coin. It is an undeniable truth that they both express the general strategic interests of the U.S. monopoly capital.
The differences in the political proposals between Trump and Biden reflect the sharpening of the competition between different sections of the U.S. capital. Indeed, a look at the top donors of the two presidential campaigns is indicative of the fierce rivalry that is taking place in the backstage between large monopoly groups.
Sunday, October 25, 2020
European Communist Initiative: The pandemic reveals the criminal inadequacy of health systems in all capitalist states
The new outbreak of the pandemic throughout Europe is a reality that did not come out of thin air. The claims of the bourgeois governments that they “took measures” and “shielded the public health systems” after the first wave of the pandemic, as well as that “in the course of the pandemic the EU wised up and stands in solidarity with the peoples”, are myths.
Following the new wave of the pandemic, all these claims are day by day revealed and bankrupt. The increase in deaths, cases, and intubated patients reveals the responsibility of the EU and the government directions over time, which left the public health systems destitute of staff, infrastructure, ICUs, reagents, and tests.
Tuesday, July 21, 2020
"Capitalism has led Russia into a 30-year depression", says Moscow City Duma deputy
Moscow City deputy for CPRF Nikolai Zubrilin. |
Sunday, June 28, 2020
Croatia's Socialist Workers' Party (SRP) ready to participate in July 5th parliamentary elections
Wednesday, June 10, 2020
USA Protests: Joint Declaration by Communist Parties in solidarity with the people of the U.S.
Saturday, June 6, 2020
Dimitris Koutsoumbas on U.S. protests: "The myth of the American Dream is collapsing"
“The murder of African American Floyd by a white police officer was the trigger for the outburst of popular outrage that had been simmering. Alongside state violence, this outbreak is affected by other factors, such as the 100,000 deaths due to Coronavirus – with most victims belonging to the poor popular strata who had no access to health facilities – as well as the burgeoning of unemployment and poverty.