2020-05-21: News Headlines

Socialists for Retirement Security (2020-05-21). Washing Our Hands of Financialized Pensions. globalresearch.ca Rethinking Retirement After COVID-19 | The unemployment crisis brought on by the coronavirus outbreak has suddenly destroyed the earnings of hundreds of thousands of working people in Canada. For many jobless workers, the immediate scramble to make ends meet will be …

Norman Solomon (2020-05-21). Class War — Not the Media Hokey Pokey — Is What It's All About. zcomm.org The 24/7 siege to make large companies more profitable and the wealthy more wealthy is going on all around us. In the process, it normalizes avoidable death as a cost of doing business…

Mark Harris (2020-05-21). Pandemic Capitalism's Cruel Absurdity. commondreams.org The United States has long established itself as the neoliberal superstar, the modern nation with the most wealth inequality, threadbare social safety net, and thoroughly corporatized political leaders from both major parties. (Photo: Erik McGregor/LightRocket via Getty Images) | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/views-article/thumbs/killcapitalism.jpg

WSWS (2020-05-21). Florida stalls jobless pay to force workers back to work. wsws.org The state has only paid out 22 percent of the claims for unemployment due to the COVID-19 pandemic.

Ryan Grim (2020-05-21). Swing-District Democrats Link With Progressives to Back Paycheck Bill. zcomm.org Source: The Intercept After House Speaker Nancy Pelosi excluded a plan to keep unemployment down by subsidizing firms to keep workers on payrolls from her relief package last week, dozens of progressives have banded together with 10 "front-line" Democrats from swing districts to introduce it as a standalone piece of legislation. The Paycheck Recovery Act,

Tim Libretti (2020-05-20). Hospital mystery 'One Foot in the Grave' a working-class response to pandemic. peoplesworld.org The coronavirus pandemic, it is now commonly observed, has drawn into relief, and indeed exacerbated, the various layers of inequality already fragmenting culture and society in the United States. At the same time, when it comes to class inequality, in particular, Americans have tended to find ways to gloss over the brutal realities in the …

Martha Grevatt (2020-05-20). Economic ruin, pandemic pose question: Capitalism or Socialism? workers.org This is a slightly edited and expanded version of a talk given during the "What Road To Socialism?" webinar held by Workers World Party on May 16. May 17 — According to the Department of Labor, the official unemployment rate is now almost 15 percent. A staggering 37 million workers . . . |

Binoy Kampmark (2020-05-20). Inglorious Bastardry: Hacking for Vaccines. counterpunch.org If you cannot discover or create something, best steal it. It has been the operating principle for everything from wealth to technology. With the efforts to discover a vaccine to the novel coronavirus being all but bound by solidarity, the race on plundering secrets has already begun in earnest. No one party can claim particular

news.un (2020-05-19). Coordination essential to beat coronavirus, keep development goals on track. news.un.org As the unprecedented COVID-19 crisis continues to wreak havoc across the world — with the most vulnerable suffering the most — the UN chief said on Tuesday that the task of eradicating poverty and achieving the development goals "has never been more challenging, more urgent and more necessary".

Cole Stangler (2020-05-19). What Are the Roots of Global Inequality? thenation.com What Are the Roots of Global Inequality?

Altamont Hotel tenants (2020-05-21). SRO tenants losing hope in san francisco as landlords go AWOL. indybay.org The close relationship between nonprofit and for-profit SRO landlords, real estate moguls, and the politicians who benefit from their campaign donations, is dangerous to anyone who needs shelter in this city and isn't a wealthy techie.

The Commonwealth Club (2020-05-21). Book Talk: "It's About Damn Time" w/ author Arlan Hamilton, Founder of Backstage Capital. indybay.org Online via livestream…

The Commonwealth Club (2020-05-21). Will Climate Matter in the 2020 Election during the Pandemic? indybay.org Online via livestream…

The Commonwealth Club (2020-05-21). Supporting Girls' and Women's Empowerment Around the World (webinar). indybay.org Online via livestream…

The Commonwealth Club (2020-05-21). Neurodiversity: Divergent Minds Thriving in Adulthood w/ Jenara Nerenberg. indybay.org Online via livestream…

Staff (2020-05-20). Mnuchin Wants to Deny Unemployment to Workers Who Stay Home Due to COVID Risk. truthout.org United States Treasury Secretary Steve Mnuchin assured conservative lawmakers on Tuesday that unemployment benefits could not be collected by workers who refused to return to work out of fear of contracting coronavirus. | While speaking before the Senate Banking Committee, Sen. David Perdue questioned Mnuchin on whether additional aid of $600 per week in unemployment "disincentivizes" people from returning to work. It's estimated that half the U.S. workforce could receive more income from un…

RT (2020-05-21). US weekly jobless claims expected to climb by 2.4 million despite easing of lockdown measures. rt.com Millions more Americans are expected to have filed for unemployment benefits as the pandemic continues to wreck the economy, with the total number of US jobless claims over the past two months predicted at nearly 39 million. | Economists estimate an additional 2.4 million filings in the week ending May 16, following 2.98 million claims during the previous week. The rise in unemployment comes despite the reopening of the economy by an increasing number of states across the country. | Claims have been gradually declining since hitting a record 6.867 million in the week ending March 28. | "A couple of large state…

RT (2020-05-21). Paris burns for 4th night in a row as residents clash with riot police over motorcyclist's death (VIDEOS). rt.com Paris riot police faced off against irate protestors in the suburb of Argenteuil amid a fourth night of violence following the death of 18-year-old Sabri Choubi in a motorbike accident at the weekend. | Residents blame police for the young man's death, but authorities have repeatedly denied involvement in the crash which took his life, claiming that a police vehicle in the area at the time was not chasing Choubi. | Regardless, the banlieues — high-rise, low-income areas of the city — continue to burn as the community vents its anger at the second high-profile biker accident in the area in the spac…

RT (2020-05-19). Fearing the baying mobs? Jamie Dimon roasted for belated show of caring about inequality. rt.com JP Morgan CEO Jamie Dimon has called for "rebuilding a more inclusive economy" in a letter to shareholders. The internet isn't buying the plutocrat's change of heart, however, reasoning he's more concerned about populist rage. | Dimon used his company's latest shareholder