Covid 19 - the end of Capitalism?

My mind is boggled to the power of ten

Genuinely feeling like I blundered in to an alternate reality somehow

Uncanny feeling is all the more reinforced by, in this reality at least, my toddler inexplicably sleeping through the night

Topical as ever from the Eye

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Penny for Javids thoughts

Uncanny feeling is all the more reinforced by, in this reality at least, my toddler inexplicably sleeping through the night

Ha!

I suspect BoJo just sold Buckingham Palace to the Chinese to underwrite this profligacy and that's why her Madge just left

Not sure the Chinese are in a buying mood just now...

It's funny, isn't it, wasn't there some bloke who kept saying 'austerity' was just a nasty political choice and in no way a 'necessity'? Just can't seem to remember the name.

That article's been updated:

“I talked to an operator who told me he couldn’t give me the files, but after that we didn’t receive anything from the original company — so I can assure you we didn’t get any threat,”

And according to the manufacturer it normally costs a few euros, not thousands.

Romaioli and Temporelli have emphasized that both devices serve a purpose: the official product is the better long-term solution, but for now, hospitals can use this printed alternative to fulfill a sudden, drastic demand.

So what's to stop these types of clauses getting attached the Government bailout:
https://www.taxresearch.org.uk/Blog/2020/03/22/if-uk-companies-want-a-bailout-there-must-be-conditions-attached-these-are-my-suggestions/

It's funny, isn't it, wasn't there some bloke who kept saying 'austerity' was just a nasty political choice and in no way a 'necessity'? Just can't seem to remember the name.

Hopefully when all the crap is over and there is an enquiry, the above gets shouted loud, clear and continually. Then every Tory who voted on one of the austerity bills gets put against an imaginary wall.

I guess what's there to stop the imposition of clauses such as these is the political will/the fact that capital exerts significant power over the government. Richard Murphy is talking sense though and each of those clauses seems reasonable and indeed necessary in my eyes.

McDonald’s has shut its doors.

The end of Capitalism?
I don't see it coming soon. The only immediate action from any of the three Sunak Budgets was to reduce Bank interest rate to make it even cheaper for the backers of the Tory party to bet against the real/tangible economy.
The reduction in GDP, and its slow rebound, (hopefully the population will reluctant to take on more borrowing to fund daily spending), might mean another measure has to be adopted to show the post-COViD-19 economy is reviving,
but until a well known company goes completely bankrupt, (Intu?),
this over-borrowed, high rent economy can just cruise on based upon cheap commercial credit.

The railways has been nationalised

Franchises are suspended

Just need everyone to be given free broadband and we’ll have the Labour manifesto b

Interesting point to consider: some people are at home being paid (up to) 30k to do nothing... while nurses, most of whom will be on a similar wage, put their lives at risk to treat critically ill patients.

But few people actually care, because in general people are cunts.
See failure of social distancing and panic buying.

Unfortunately, I see very little actually changing after this.

"Recovidery" is going to be turbo-austerity with brass fucking knobs on.

I can't see a major housing crash because, like in 2008/9, there's still a major supply and demand problem. I'm no economist though, and happy to be contradicted.

this is my worry, but others more knowledgeable than me seem to believe things might be different this time—the terrain is certainly different.

This article raises some interesting points: https://www.newstatesman.com/politics/economy/2020/03/coronavirus-financial-economy-impact-labour-market

But few people actually care, because in general people are cunts.

Many of the cunts do care about eg nurses, they just can't connect their actions with consequences, or they just panic. Sometimes it's more like they care in an easy way only.

'The railways have been nationalised'

And today's papers report that some tories are suggesting a 'national government'

It's beginning to feel a bit like wartime which was when we last had national goverment (NG), and the aftermath of war usually benefits the left - think 1917 and 1945.

I guess Johnson and Cummings will be very upset by the NG idea, since it has probably intended to get rid of them - Johnson is obviously not suited to dealing with any kind of serious crisis and I can't believe most Tories now find him deeply embarassing. OK, he recently won a big majority, but that doesn't mean his position is safe - here's a list of prime ministers ( since 1957) who have come into the job without an election: Macmillan ('57), Home ('63), Callaghan ('76), Major ('92), Brown ('07), May ('16) and Johnson ('19).

Damage to the Tories does not mean the end of capitalism, but at least it's a step in the right direction.

Johnson is obviously not suited to dealing with any kind of serious crisis and I can't believe most Tories now find him deeply embarassing. OK, he recently won a big majority, but that doesn't mean his position is safe

The Conservative lead in the polls has increased in the last week, as has satisfaction with Boris Johnson.

That was last week - things are getting rapidly worse.

Last weeks the pubs were open and it was business as usual.

The Conservative lead in the polls has increased in the last week, as has satisfaction with Boris Johnson.

For starting to repair every thing they had previously broken.