Tag: pauperization

Working class poverty and deceitful promises

8 October, 2020 · Spain

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.

What’s coming next

2 September, 2020 · Weekly Report

Queues at an unemployment office in Madrid

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.

What is Spain?

30 June, 2020 · Spain

Nadia Calviño, Spanish Vicepresident of Economic Affaires.

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".