MoA—There was a time when I regularly bought the FT weekend edition to read the economic discussions in it. The weekend edition also has a section that is titled “How to spend it”. The newest luxury cars are tested and the greatest estates are discussed in it. I never had a craving to buy any of the things that section promoted. I thought that the snobbish section title was probably meant to be ironic. Now the FT has finally found the right content for that section.
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SERGE HALIMI—When this tragedy is over, will everything just go back to the way it was? For 30 years each new crisis has raised unreasonable hopes that the world would return to reason, come to its senses, end the madness. We have dreamed of containing, then reversing, a sociopolitical dynamic whose deadlocks and dangers were finally understood (1). We hoped that the Black Monday stock market crash of 1987 would end runaway privatisation, and that the financial crises of 1997 and 2007-08 would halt happy globalisation. They didn’t.
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MoA—hen John Burn-Murdoch created that daily updated chart he did not anticipate that any country would have more than a 100,000 total cases. That was a reasonable assumption as China, with 1.4 billion inhabitants, stopped the epidemic with less than 85.000 total cases even when it was surprised by the outbreak. As of now the U.S. has 164.435 known cases. It will reach a total number of several dozens of millions and will have several hundreds of thousands of dead caused by the covid-19 disease.
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ERIC ZUESSE—Just like happened in 2016 when Democratic Party voters who were predominantly Blacks and/or seniors swallowed the propaganda-line from the billionaire-controlled ‘news’-media against the electability of Sanders, those voters have done it yet again and thus are re-electing Trump by having passed over the only candidate who could have beaten him: Sanders.
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MICHAEL K. SMITH—The grossly exploitative nature of gig employment is nowhere more apparent than in the current crisis of Uber drivers during the corona virus pandemic. The unofficial “plan” is to let these drivers work right up to the moment they get sick, then hope they don’t die as they shelter in place at home awaiting a compensation check based on their collapsed earnings. In short, a token tiny payment inside a get-well card.