HBO kicked off the broadcast yesterday of Mare of Easttown, a crime series starring Kate Winslet which promises to be the best of the season but is splitting US critics into two camps.
When we read the business press, capital seems happy. According to Oxfam, the global bourgeoisie has already made up for its wealth losses. The Swiss bank has doubled its profits. And listed companies are heading for a dividend recovery.
The World Economic Forum, better known as the Davos Forum, presented yesterday its Global Risks Report, a two-, five- and ten-year analysis assessing whether present trends will get generalized. The panorama is awful and therefore a true confession of historical and systemic incompetence.
Biden’s “Green New Deal” is presented as the most important change that the new U.S. government will implement. Its consequences for workers will be enormous… and not good.
Capitalism mobilizes more and more resources into making us poorer in relative terms. But when crisis devalues capital, it impoverishes us in absolute terms in order to regain momentum. And since in every cycle capital finds it increasingly difficult to recover, we have been suffering from precarization and impoverishment for more than ten years without ever recovering. All the plans for the recovery of capital are plans to worsen the global situation of the workers.
Between now and the end of the year, the crisis is going to arise all over the world in all its harshness. The first signs are already here.
Today, the Spanish Minister of Economy, Nadia Calviño, has published a document to convince large capital funds to invest in state debt. In other words, she explains why betting on the overall result of national capital is a good investment. The set allows to understand well the continuity of the “road map” of the Spanish bourgeoisie and what it considers its “achievements”. Achievements that, of course, the PSOE-IU-Podemos government makes its own and intends to carry “further”.