The post was originally featured at Organizing Upgrade. Reposted with permission. By Marc Kagan On April 23th, 2020, some 26.5 million Americans were unemployed, and the St. Louis Fed has estimated that 47 million people may be unemployed by the end of June, with unemployment reaching 32%. The Congressional Budget Office expects at least a 9% … Continue Reading ››
Tag Archives: crisis
New Labor Forum Highlights for May 2020
As the impact of the coronavirus continues to sweep across the country, the long-term failures of capitalism are in stark view. Yet socialism—as both a critique of capitalism and an alternative political and economic system—has until recently remained outside the narrow limits of U.S. electoral politics. Well before the anti-communist fervor of the Cold War, … Continue Reading ››
