“Bailouts for the Rich, the Virus for the Rest of Us.”

News

San Francisco CA

Description

What is being revealed in the current pandemic crisis is the underlying plague of neoliberalism that has dominated the global economy for the last 40 years, though increasingly brandished as a badge of honor by fascist politicians, such as Trump, Brazilian President Jair Bolsonaro, Indian Prime Minister Narendra Modi, and others. Ruling-class corruption is also readily visible in a bailout package which, as Rob Urie observes, amounts to “Bailouts for the Rich, the Virus for the Rest of Us.” He writes: In an economy where the richest 1% takes all the gains while the poor and working class haven’t seen a raise in four decades, it is the rich who will reap the benefits while workers get sick and die. It is finance capitalism that is being bailed out when it should have suffocated under its own weight in 2009. We live at a time of multiple plagues that fuel the current coronavirus epidemic that is engulfing the globe inflicting economic misery, suffering and death as they move through societies with the speed of a deadly tornado. These include the plague of ecological destruction, the degradation of civic culture, the possibility of a nuclear war, and the normalization of a brutal culture of cruelty. Moreover, the plague of neoliberalism has waged a full-scale attack on the welfare state. In doing so, it has underfunded and weakened those institutions such as education and the public health sector. In addition, it has removed the vast majority of Americans from the power relations and modes of governance that would enable them to deal critically and intelligently with natural disasters, pandemics, and a slew of planetary crises which cannot be addressed by the market. In the midst of this pandemic, the poison of ruling-class power is at the center of the current political, ideological, and medical crisis. Frank Rich gets it right in arguing: … the pandemic has revealed in particularly stark terms that the extreme economic inequalities unmasked by the 2008 economic collapse remain unaddressed. There’s a titanic dynamic playing out now in real time. Celebrities and the wealthy are first in line for the lifeboats of coronavirus tests. Rupert Murdoch and his family protect their own health while profiting from a news empire that downplayed and outright disputed the threat of coronavirus…. As the virus spreads from its current epicenters through the country the grotesque discrepancy between the elites and the have-nots is going to make Parasite look as benign as an episode of Modern Family. What is being revealed in this looming pandemic is an unabashed resurgence of fascist politics with its history of grotesque inequalities, disposability, unadulterated cruelty and regressive policies. The latter neoliberal rudiments have a long legacy in the United States and have returned with revenge under the Trump administration. Neoliberal fascism signals a resurgence of a terror that bears an eerie echo to the racial cleansing and embrace of eugenics that marked the purification policies of the Hitler regime and made the concentration camp the endpoint of fascism. This was also policy designed to reboot the economy in a time of crisis. We live at a time of multiple plagues that fuel the current coronavirus epidemic that is engulfing the globe inflicting economic misery, suffering and death as they move through societies with the speed of a deadly tornado. These include the plague of ecological destruction, the degradation of civic culture, the possibility of a nuclear war, and the normalization of a brutal culture of cruelty. Moreover, the plague of neoliberalism has waged a full-scale attack on the welfare state. In doing so, it has underfunded and weakened those institutions such as education and the public health sector. In addition, it has removed the vast majority of Americans from the power relations and modes of governance that would enable them to deal critically and intelligently with natural disasters, pandemics, and a slew of planetary crises which cannot be addressed by the market. In the midst of this pandemic, the poison of ruling-class power is at the center of the current political, ideological, and medical crisis. Frank Rich gets it right in arguing: … the pandemic has revealed in particularly stark terms that the extreme economic inequalities unmasked by the 2008 economic collapse remain unaddressed. There’s a titanic dynamic playing out now in real time. Celebrities and the wealthy are first in line for the lifeboats of coronavirus tests. Rupert Murdoch and his family protect their own health while profiting from a news empire that downplayed and outright disputed the threat of coronavirus…. As the virus spreads from its current epicenters through the country the grotesque discrepancy between the elites and the have-nots is going to make Parasite look as benign as an episode of Modern Family. The other plague, among many, is the rise of right-wing cultural apparatuses, such as Fox News and Breitbart Media in which truth is treated with scorn, science viewed as a hindrance and critical thought is maligned as “fake news.” This is a plague of willful ignorance and state-sanctioned civic illiteracy. Under such circumstances, language at the highest levels of power and among powerful conservative cultural apparatuses operate in the service of denial, lies and violence. These media relentlessly push conspiracy theories such as the claim that the pandemic is a product of the “deep state” designed to prevent Trump from being reelected; a hoax created by the Democratic Party; or a virus that is no less dangerous than the common flu. They have also relentlessly insisted that all social problems are a matter of individual responsibility so as to depoliticize the public while making them indifferent to the neofascist claim that the government has no responsibility to care for its citizens or that society should not be organized around mutual respect, care, social rights and economic equality.

By:  view source

Discussion

By posting you agree to the Terms and Privacy Policy.

/
Search this area