Tag: New Depression

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Amazon Destroys Millions of Unused Products, Demonstrates Contradictions of Capitalist Overproduction

Photo: A pile of products marked for destruction at an Amazon warehouse in Scotland (Source: ITV) By Jakob Stein On Tuesday, a report from an Amazon warehouse in Dunfermline, Scotland revealed that the company regularly destroys over 100,000 unused and returned products every week—a clear demonstration of how the imperialist global economy operates in response to its crises of overproduction. The report from the British … Continue reading Amazon Destroys Millions of Unused Products, Demonstrates Contradictions of Capitalist Overproduction

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Austin’s Homeless Encampments

Photo credit: Jay Janner, Austin American-Statesman By Ed Dalton Austin, Texas is the fastest-growing city in the US, making it the 11th largest in the country and rising. It is also the least livable city for low-wage workers, with an average rent of over $1,100 and a minimum wage of $7.25 an hour. These conditions factor into the growing homeless population. Driving in Austin means … Continue reading Austin’s Homeless Encampments

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South Africa: Land Seizures, Combative Defense Against Police Repression

By Nélida Tello For the past month, hundreds of people in the shantytowns of Cape Town have seized and occupied over 20 empty plots of land, city buildings and community facilities, combatively defending their conquests against police raids. More than 5,000 dwellings have been built on the seized land, many of which police forces have targeted and destroyed. The people have built barricades, burned buildings, … Continue reading South Africa: Land Seizures, Combative Defense Against Police Repression

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Largest Drop In Health Insurance During Economic Crisis and Pandemic

By Peter Cherry 5.4 million people in the US have lost health insurance coverage corresponding to job losses that happened between February and May, making it the largest single-year drop in health coverage ever in the US. “We knew these numbers would be big,” said Stan Dorn, the executive director of NGO National Center for Coverage Innovation. “This is the worst economic downturn since World … Continue reading Largest Drop In Health Insurance During Economic Crisis and Pandemic

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