News flash: Capitalism has no answer for 50 million jobless people

Source

July 11, 2020

News flash: Capitalism has no answer for 50 million jobless people

by Ramin Mazaheri for the Saker Blog

Oh – did you have one?

Well… we’re waiting.

But we will certainly be waiting in vain because the “best” US economic minds, journalists, professors and pundits got nuthin’. Even God’s gift to American society – CEOs and bankers – are hoping nobody calls on them for an answer.

This is an era of not just total economic disaster in the US but also an era of complete intellectual disaster. The chicken’s head has been cut off, yet the body (the American system/ideology, which is undoubtedly based upon capitalism-imperialism) still runs around.

I’ll skip to the end: whatever solution they come up with WILL DEFINITELY be some form of socialist-inspired policy… but the US will, true to form, remain totally untruthful about obvious truths (and thus mired in societal chaos).

The only solution to 50 million unemployed people is the redistribution of wealth downwards (first pillar of socialism) and the redistribution of political power downwards (second pillar of socialism); the latter is achieved via creating governmental institutions – staffed from all levels and sectors of society but especially at the upper management level – which establish the bureaucracy required to actually implement and sustain said redistributions intelligently, efficiently and in an egalitarian manner.

Those aren’t opinions but facts. Capitalists not having any solutions is another fact and not an opinion. These truths are so self-evident that I don’t even feel like arguing about it, so let’s argue about something else.

Why is the US talking about banning the Atlanta Braves and the Cleveland Indians but not the Minnesota Vikings or the Notre Dame Fighting Irish? It’s ok to have ethnic mascots, as long as that ethnicity has white-coloured skin? Seems rather inegalitarian to me, and bound to backfire into resentment and nihilism. And surely some sensitive hillbillies object to the Indiana Hoosiers, while the New York Mets (Metropolitans) clearly venerates urban citizens to an unfair degree. On this subject I constantly read the anti-non-White-mascot view, but nobody seems to analyse the intellectual weakness of their argument from a leftist point of view, and the reason for that is: the US economic and intellectual 1% sure as heck don’t want to talk about their total inability to deal with serious stuff, so they thrilled to talk instead about Cleveland’s smiling Chief Wahoo.

Easy solution: don’t decrease the number of “people” mascots but increase them. As an Iranian I’d love to see the Boston “Baluch” take the field, any field. Even a rink. After all, the Baluch are an ethnic tribe in the southeast who are certainly as tough as any Metropolitan. Truly, this is a socialist-inspired solution: venerate and protect ethnic identities equally one and all, and that’s why Armenians, Jews, Assyrians and Zoroastrians have guaranteed seats in Iranian parliament and affirmative action for the non-Han is all over China. The inequality of this latest identity politics battle is obvious to every American and only increases everyone’s stress level, but the only solution remains either to ban all ethnic mascots or make every ethnic tribe a mascot. Isn’t the latter more interesting and informative – had you ever even head of the Baluch until today? Both me and the kids would much rather see and could possibly learn a lot about Maoris, Zulus & Fighting Bretons than lame cardinals, dolphins and other totally unintimidating mascots (I’m looking at you, Utah Jazz).

What a nice, useless and rather immature diversion that was! Unfortunately for the US 1% I have solved this fake problem, so back to awful July 2020 reality:

France’s new prime minister/Macronian puppet has ruled out a second lockdown even if there is a second wave, saying that the economic and social cost was just too much. If you wouldn’t try something again, doesn’t that mean you rather wish you had never tried it at all? Europe’s economic chaos won’t become clear until they come back from vacation in September and things get back to “normal” – that will be the “economic 2nd wave” for the Western bloc, while the US part of that bloc is taking all their economic lumps in their still-ongoing first wave. Medically, the incredibly overweight, overstressed and governmentally-neglected US is also, predictably, having a longer first wave of Covid-19 than anyone else.

Cases are currently increasing in the entire southern half of the US, but deaths are not. This seems rather important, no? Check the chronometer – it is not April anymore: deaths are about 60% of what they were back then, proving times do change even if hysterical people do not. Check also those spring predictions: the Imperial College of London promised 100,000 deaths in non-Lockdown Sweden by June, but today there are only 5,500; incredibly, we still have London’s Daily Telegraph still quoting that discredited model as late on July 5th as though it was gospel. I would think that these realities – which are not “callous” but actually quite good news – should at least get a bit of discussion, but if you bring it up be prepared to have a single mother throw her shoe at you. Said Karens apparently have total confidence that the US can keep locking down into 2021 and that 75 million unemployed is no problem for the superbly-functioning US system?

Sure….

Again, the problem is that rabidly capitalist places like the US and UK have dismantled/never built the culture & bureaucracy needed to employ a nationwide lockdown – as I have said from the beginning: make the switch to socialism in economics and democracy and you can Lockdown all you want!

What’s that? I’m beating my head against the wall so it’s time for another diversion? Agreed: How about the Confederate flag controversy?

Here’s the thing: No Western nation, no matter how imperialist or fascist, has been asked to give up entirely the symbols of their past. Nobody is tearing down de Gaulle statues even though he was an imperialist who immediately bombed places like the Levant and Algeria after said peoples died en masse to save France from Germany. But the US South is being asked to entirely relinquish their past, and that’s just never going to fly because it’s unparalleled: it’s like asking Mongolia to give up Genghis Khan, whose success mainly rested not so much on fine horsemanship but upon his willingness to murder women and children en masse, and yet they built him the world’s biggest equestrian statue. No matter how big a Non-Mongolian Lives Matter movement gets – that’s not coming down.

While brutality and oppression did exist in 1864 the ideology of fascism simply did not, no matter how loudly a teenager incorrectly insists. The Confederate flag needs a socialist solution which respects the Southern US ethnic minority (which is exactly what they are), because eradicating the historic rebelliousness of the Confederate rebels will never be accepted by them.

It’s quite simple: just add a small Christian cross to differentiate to differentiate this new flag from the previous Confederate flag. Or add a huge cross and color it black to give slavery even more prominence – that gives the rare Black Cross of Texas flag. Christianity unites Southern Whites and Blacks, after all. This also shows that the Confederate flag is not the same as before and has been given a moral updating – that’s progress, not eradication from history, and furthers the goal of modern patriotic unity. Furthermore, from a socialist point of view there simply MUST be a way to separate White Southerners from slavery – poor whites were powerless class victims, of course – because castigating all Southern Whites is patently unfair and obviously fake-leftist identity politics. Of course, denying the primacy of class and claiming instead that skin color/ethnicity is more important is what capitalist-imperialists always do.

Another diversion and faux problem capably solved with a bit of socialist unity and modernity! Well, I admit that adding a Christian cross is a rather Islamic Socialist solution and not an Atheistic Socialist one, but to hell with them.

Ok, capitalism does indeed have a solution to 50 million jobless – massive domestic suffering combined with massive foreign deaths. Let’s examine the latter:

Can we crank up the war machine? Sorry, the US has too many allies now – Germany and Japan are part of a Western bloc that is totally governed by a colluding bankocracy and 1% which is totally united against their socialist-inspired enemies; but those enemies (China, Russia, Iran, Venezuela) have become too strong to fight; they couldn’t beat the Muslims, Vietnamese or Koreans, so they’re no longer candidates for opponents; who in Black Lives Matter will agree to be drafted to go fight some new, fabricated opponent in Africa? Anyway, the Pentagon is already the world’s biggest employer, so you mean crank it up even more? Thus, there is no militaristic solution – no WWIII for their Great Depression II.

Now let’s examine the former:

Can we take any more lands from Indians? Sorry – frontier done run out.

Can we steal any Black people’s wages? Sorry – that’s no longer a thing.

Can we debt enslave the average White Trash? Sorry – they are paying back their credit card debt at record rates, they are so scared about the future.

No, there is no capitalist solution to 50 million unemployed people. The true capitalist solution is massive suffering until things get so very, very bad that said things have no choice but to start to work out again, finally (i.e., following unregulated market forces).

There is, however, the old standby: “socialise the losses of the rich but keep calling it capitalism”. This worked out great for the 1% in 2008 and it’s working out just fine now… but it ain’t capitalism, and you are 1) dumber than a box of rocks, 2) fanatically indoctrinated to hate socialism, or 3) can’t be bothered to learn basic political definitions if you think that bailing out the 1% with taxpayer money/newly-printed money is somehow still capitalism.

But do a Google news search: even though socialism is the only economic and political ideology which can provide a solution to 50 million jobless people there are painfully few news articles discussing socialism, with the majority of them frantically warning against it. You can’t only blame Google’s anti-socialist algorithms for that.

You see now why this article was half stupid diversions? That’s the way America likes it… or, rather, that is what they are forced to like.

I originally planned to have this article’s headline to be, “Hey dummy: Capitalism has no answer for 50 million jobless people”. For those who still have faith that capitalism does have an answer – let’s just end it here.

*********************************

Corona contrarianism? How about some corona common sense? Here is my list of articles published regarding the corona crisis.

Capitalist-imperialist West stays home over corona – they grew a conscience? – March 22, 2020

Corona meds in every pot & a People’s QE: the Trumpian populism they hoped for? – March 23, 2020

A day’s diary from a US CEO during the Corona crisis (satire) March 23, 2020

– March 25, 2020

Tough times need vanguard parties – are ‘social media users’ the West’s? –

March 26, 2020

If Germany rejects Corona bonds they must quit the Eurozone – March 30,

2020

Landlord class: Waive or donate rent-profits now or fear the Cultural Revolution – March 31, 2020

Corona repeating 9/11 & Y2K hysterias? Both saw huge economic overreactions – April 1, 2020

(A Soviet?) Superman: Red Son – the new socialist film to watch on lockdown – April 2, 2020

Corona rewrites capitalist bust-chronology & proves: It’s the nation-state, stupid – April 3, 2020

Condensing the data leaves no doubt: Fear corona-economy more than the virus – April 5, 2020

‘We’re Going Wrong’: The West’s middling, middle-class corona response – April 10, 2020

Why does the UK have an ‘army’ of volunteers but the US has a shortage? – April 12, 2020

No buybacks allowed or dared? Then wave goodbye to Western stock market gains – April 13, 2020

Pity post-corona Millennials… if they don’t openly push socialism – April 14, 2020

No, the dollar will only strengthen post-corona, as usual: it’s a crisis, after all – April 16, 2020

Same 2008 QE playbook, but the Eurozone will kick off Western chaos not the US – April 18, 2020

We’re giving up our civil liberties. Fine, but to which type of state? – April 20,

2020

Coronavirus – Macron’s savior. A ‘united Europe’ – France’s murderer – April 22, 2020

Iran’s ‘resistance economy’: the post-corona wish of the West’s silent majority (1/2) – April 23, 2020

The same 12-year itch: Will banks loan down QE money this time? – April 26,

2020

The end of globalisation won’t be televised, despite the hopes of the Western 99% (2/2) – April 27, 2020

What would it take for proponents to say: ‘The Great Lockdown was wrong’? – April 28, 2020

ZeroHedge, a response to Mr. Littlejohn & the future of dollar dominance – April 30, 2020

Given Western history, is it the ‘Great Segregation’ and not the ‘Great Lockdown’? – May 2, 2020

The Western 1% colluded to start WWI – is the Great Lockdown also a conspiracy? – May 4, 2020

May 17: The date the Great Lockdown must end or Everything Bubble 2 pops – May 6, 2020

Reading Piketty: Does corona delay the Greens’ fake-leftist, sure-to-fail victory? – May 8, 2020

Picturing the media campaign needed to get the US back to work – May 11, 2020

Scarce jobs + revenue desperation = sure Western stagflation post-corona – May 13, 2020

France’s nurses march – are they now deplorable Michiganders to fake-leftists? – May 15, 2020

Why haven’t we called it ‘QE 5’ yet? And why we must call it ‘QE 2.1’ instead – May 16, 2020

‘Take your stinking paws off me, you damned, dirty public servant!’ That’s Orwell? – May 17, 2021

The Great Lockdown: The political apex of US single Moms & Western matriarchy? May 21, 2021

I was wrong on corona – by not pushing for a US Cultural Revolution immediately – May 25, 2021

August 1: when the unemployment runs out and a new era of US labor battles begin – May 28, 2021

Corona proving the loser of the Cold War was both the USSR & the USA – May 30, 2021

Rebellions across the US: Why worry? Just ask Dr. Fauci to tell us what to do – June 2, 2021

Protesting, corona-conscience, a good dole: the US is doing things it can’t & it’s chaos – June 3, 2021

Why do Westerners assume all African-Americans are leftists? – June 5, 2020

The US as Sal’s Pizzeria: When to ‘Do The Right Thing’ is looting – June 6, 2020

The problem with the various ‘Fiat is all the problem!’ (FIATP) crowds – June 9, 2020

Politicisation of Great Lockdown result of ‘TINA’ economic ignorance & censorship – June 14, 2020

Trump’s only hope: buying re-election with populist jobless benefits – June, 16 2020

US national media is useless – so tell me the good local news sources? – July 4, 2020

Hamilton movie: central banker worship & proof the US has no left – July 8, 2020


Ramin Mazaheri is the chief correspondent in Paris for Press TV and has lived in France since 2009. He has been a daily newspaper reporter in the US, and has reported from Iran, Cuba, Egypt, Tunisia, South Korea and elsewhere. He is the author of the books Ill Ruin Everything You Are: Ending Western Propaganda on Red China’ and the NEW Socialisms Ignored Success: Iranian Islamic Socialism.

%d bloggers like this: