Analysis: The Capitalists Are Not United
The Capitalists Are Not United
It is now the end of May and so far, COVID-19 has been cited as the cause of death for about 350,000 people worldwide and has infected about 5.5 million people. The global response to the pandemic has been variable, but most countries have introduced some form of shut down measures, which include social distancing and business closures. The economic fallout has been severe. Many businesses will be wiped out, and some industries will take years to recover.
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The world is still reeling from the shock and speed of the COVID-19 pandemic, and the social and economic ruin it has brought. Whilst the impact of the pandemic has been uneven, the best outcomes in terms of saving lives have been achieved in those countries which have prioritised communities achieving effective physical distancing to stop the spread of the virus over enabling businesses to make profits. In all countries, the virus has caused considerable economic disruption, and businesses and governments have begun to push to reopen economies and to shift the crisis onto working people. While this push will not necessarily be successful, to effectively resist this move, it is important that we understand the current crisis and the attacks which are likely to be launched against workers.
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