Coronavirus Capitalism — and How to Beat It

Governments around the world are busily exploiting the coronavirus crisis to push for no-strings-attached corporate bailouts and regulatory rollbacks.

“I've spent two decades studying the transformations that take place under the cover of disaster,” writes Naomi Klein. “I’ve learned that one thing we can count on is this: During moments of cataclysmic change, the previously unthinkable suddenly becomes reality.”

In recent decades, that change has mainly been for the worst — but this has not always been the case. And it need not continue to be in the future.

This video is about the ways the still-unfolding Covid-19 crisis is already remaking our sense of the possible. 


MORE: Treasury Secretary Steven Mnuchin is moving to repeal financial regulations that were introduced after the last major financial meltdown, as part of the 2010 Dodd-Frank Act.

China, for its part, is indicating that it will relax environmental standards to stimulate its economy, which would wipe out the one major benefit the crisis has produced so far: a marked drop in that country’s lethal air pollution.

But this is not the whole story. In the United States, we have also seen organizing at the city and state levels win important victories to suspend evictions during the pandemic.

Ireland has announced six weeks of emergency unemployment payments for all workers who suddenly find themselves out of work, including self-employed workers. And despite U.S. presidential candidate Joe Biden’s claims during the recent debate that the pandemic has nothing to do with Medicare for All, many Americans are suddenly realizing that the absence of a functioning safety net exacerbates vulnerabilities to the virus on many fronts.

This crisis — like earlier ones — could well be the catalyst to shower aid on the wealthiest interests in society, including those most responsible for our current vulnerabilities, while offering next to nothing to the most workers, wiping out small family savings and shuttering small businesses. But as this video shows, many are already pushing back — and that story hasn’t been written yet.

Subscribe to our channel:

interc.pt
Big Ideas   Corporations   Economics   Media Literacy   Politics   Solutions   Sustainability
Rate this video 
Solutions
Humanity is NOT the Problem. A Cultural Paradigm Based on Domination Is.
The Conflation Trap: How the Left & Right get Fooled into Supporting Elite Interests
Trending Videos
Anonymous Issues DIRE WARNING To MAGA | The Kyle Kulinski Show
11 min - Anonymous has released a new video warning about the growing threats posed by Trump, JD Vance, and Elon Musk. They outline how economic policies, mass firings, and regulatory rollbacks are...
Capitalism Is Over: What's Next Is Worse
18 min - The Silicon Valley Plan to End Capitalism While the billionaires of Silicon Valley might seem like they're pushing capitalism into a brave new world, they're actually trying to move beyond it all...
How To Stop Being Controlled By Social Media | Your Tools to Fight Back In The Attention Economy
43 min - Do you ever feel like social media is manipulating your emotions? That’s not a coincidence. Platforms thrive on outrage, keeping you engaged by feeding you rage-inducing content. But you don’t...
HyperNormalisation (2016)
161 min - We live in a time of great uncertainty and confusion. Events keep happening that seem inexplicable and out of control. Donald Trump, Brexit, the War in Syria, the endless migrant crisis, random...
Schooling the World (2010)
66 min - If you wanted to change an ancient culture in a generation, how would you do it? You would change the way it educates its children. The U.S. Government knew this in the 19th century when it...
FASCISM: An In-Depth Explanation
43 min - "We have created our myth. The myth is a faith, a passion. It is not necessary for it to be a reality. . . . Our myth is the nation, our myth is the greatness of the nation! And to this myth, this...
The Time To Fight Is NOW
12 min - 📋 Take Action! Organizations to Join/ Support: https://www.ahsantetheartist.com/pro-democracy-groups  📖 Pro-Democracy Reading Guide: https://ahsante-b.ck.page/2e85af7c78  🎥 Video Notes/ Sources...
Trending Articles
Creating Conscious Communities
Hope is a Verb
Subscribe for $5/mo to Watch over 50 Patron-Exclusive Films
Subscribe $5/mo View All Patron Films

 

Your support keeps us ad-free and financially independent

Our 10,000+ video & article library is 99% free, ad-free, and entirely community-funded thanks to our patron subscribers!


Want to donate extra? You can subscribe and donate an extra $5/mo or more.