This May Day workers around the world are struggling against a double threat. The deepest economic crisis since the “Dirty ’30s” is causing huge lay-offs, lost incomes and savings, and waves of evictions, foreclosures, and bankruptcies for small businesses and farms, triggered by a global pandemic Covid-19 virus for which there is as yet no vaccine, and a vast under-supply of medical equipment, supplies, staff, and hospitals to stave off sickness and death. The pandemic has compounded the growing menace of unchecked climate change, global inequality, and imperialist wars.
Corporations are using the crisis to jack up prices and profits on scarce medical equipment and supplies, while also re-organizing production to make permanent reductions in the labour force when the pandemic has passed.
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