The current situation in Russia has reached “a perfect storm”: the pandemic here coincided with the collapse of the national currency, as well as the political crisis caused by Vladimir Putin’s proposals to change the Constitution. At a time when every world political leader seeks to show himself as a sovereign capable of declaring a […]
Tag: covid-19
Coronavirus has revealed yet another contradiction of capitalism: the capitalist tendency to globalize as a solution for the profitability crisis has undermined the capitalist capacity to profit. The virus has exacerbated an already deepening capitalist crisis into a catastrophe and illustrated how vulnerable global capitalism is to any external risk. Globalization, which emerged as a […]
In moments of heightened crisis, such as today’s, one of the first strategies of a state is to defer its pretense of universal social solidarity, directing its energies towards the social groups it prioritizes but normally cannot single out. This same tendency often leads to postponing of its efforts to negotiate difficult social, economic, and […]
Time for a Universal Basic Income?
During the last six months or so, I have paid more attention to the idea of a Universal Basic Income (UBI) as a potential central element of a future-oriented social protection system, implementable on a scale from the local to the global and all points in-between. Although this demands a separate text, I continue to […]