First coronavirus-strikes in Austria The morning shift of a metalworking factory in Linz-Bindermichl, Linz went on coronavirus strike on 18 March, according to news website laumat.at. Strikers in Linz protested outside their factory gates on 18 March against the bosses’ irresponsible behaviour. Management refused to take any security precautions against the possibility of infection with the Coronavirus whatsoever. The workers ended their strike “under protest”, and took up tools after around two hours, when foremen and the factory committee jointly broke the strike.
Watch: the coronavirus crisis in Italy – LIVE interview with Italian Marxists Join us TONIGHT (18 March) at 6pm GMT as we conduct a live interview with Claudio Bellotti, editor of the Italian Marxist newspaper Rivoluzione. We will be discussing the impact of the coronavirus outbreak in Italy, as well as the ongoing strike wave in many parts of the country. You can watch a previous video of Claudio talking about the emergency here. Watch the video, posted below, right here on marxist.com!
Deep economic crisis being prepared in China In the depths of the 2008 crisis, Beijing rescued world capitalism. The fiscal stimulus they carried out was the largest in world history, at over £500bn. Had it not been for this stimulus, and the global demand it created for raw materials and other goods China needed as a result, the financial crisis would have been an all-out depression. The crisis unfolding before our eyes is far more serious than that of ten years ago. Yet this time, China will not be able to rescue the world, let alone its own economy.
Coronavirus shatters illusory Portuguese “boom” The coronavirus crisis has shattered the lauded Portuguese "boom", which is based primarily on the now-crippled tourism industry, and exposed the fragility of this backward European economy. Portuguese workers must follow the example of their class brothers and sisters in Italy and Spain, who have met the bosses' attempts to make them choose between health and pay, with strikes and class struggle!Note: The situation in Portugal has moved on quickly since this article was written. Confirmed COVID-19 cases have almost tripled since the weekend and the country has experienced its first deaths. The President is set to declare a state of emergency which will involve...
Coronavirus: thousands of Spanish workers mobilise and stop production to protest unsafe working conditions The following statement shows how workers in Spain, who are striking in protest at the bosses’ refusal to take adequate safety measures in light of the coronavirus pandemic, are setting an example to the whole world. No to unsafe working conditions! Make the bosses pay!
[Video] The coronavirus and the crisis of capitalism As the coronavirus pandemic wreaks havoc on society, Fred Weston, editor of www.marxist.com, discussed the COVID-19 crisis via livestream last night (16 March), and how this is the product of a sick system. Only a bold socialist response can provide the cure. Join the International Marxist Tendency and help us fight for a revolutionary alternative!
[Video] Coronavirus, crisis and class struggle in Italy Claudio Bellotti - editor of Rivoluzione - discusses the impact of the coronavirus outbreak in Italy, which has the second-most cases after China. Around 24,000 people have been confirmed to have the disease. This emergency has exposed the underlying rot in Italian capitalism. A public health crisis has been brewing for decades, due to massive cuts to the Italian health system over the course of 30 years. Meanwhile, the erratic reaction of the government reflects the weakness and divisions in the ruling class.
The coronavirus and the crisis of capitalism: livestream tomorrow 7pm (UTC) Fred Weston, editor of marxist.com, will discuss the ongoing coronavirus pandemic at 7pm (UTC) on Monday 16 March. It can be accessed via this Facebook event, and from our YouTube channel.
Coronavirus pandemic opens a new stage in world history Events on a world scale are moving at breakneck speed. The new coronavirus (COVID-19) has set in motion a chain reaction, which is upending any semblance of stability in one country after another. All of the contradictions of the capitalist system are coming crashing to the surface.
[Video] Coronavirus, contagion and crisis As the COVID-19 pandemic spreads, Hamid Alizadeh (editor of www.marxist.com) discusses how capitalism and the ruling class are completely incapable of addressing the crisis.
World perspectives In the past three weeks, stock markets such as the Dow Jones and the FTSE in London have lost more than 25 percent of their values. Meanwhile the world economy has been grinding to a halt. Unemployment is creeping up in one country after another. Capitalism is in a crisis on a world scale. The ruling class is blaming the crisis on the novel coronavirus. But this virus is only bringing to the surface contradictions which have been building up for decades within the capitalist system.
Italy: the coronavirus epidemic is an emergency, but capitalism is the real disaster The coronavirus crisis is more severe in Italy than anywhere else in Europe. This shows the chronic failures of the government – whose response so far has been totally inadequate, and which is attempting to shunt the economic burden of the emergency onto working people.
Iran: the “sick” man of the Middle East The coronavirus has hit Iran especially badly due to government blunders, misinformation and US sanctions. This crisis has exposed all the rottenness of Iranian capitalism and brought the masses' anger at the regime, which was already heating up, close to boiling point.
Coronavirus outbreak threatens world economy The latest outbreak of coronavirus has caused the biggest wave of stock market losses since 2008, wiping $5tn off share values worldwide. Markets are worried that the virus will have a serious impact on an already weak world economy. These fears are not unfounded.
Italy’s response to the coronavirus: indiscriminate measures and fearmongering The following article, originally published on 26 February by Sinistra classe rivoluzione, criticises the Italian government’s response to the coronavirus epidemic. Rather than inform the public and protect public health, the government has instead created needless panic, enacted inefficient measures, and suppressed the rights to strike and public assembly.