How many
must die for Wall Street?
By Andre Damon
March 26,
2020 "Information
Clearing House"
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Deaths from
the global coronavirus pandemic soared past 21,000
on Wednesday, continuing on an exponential
trajectory. In the United States, at least 247 new
deaths were recorded and the number of new cases
grew by over 13,000.
Every day,
more than 2,000 people are dying around the world.
“It took 67 days from the first reported case to
reach 100,000 cases, 11 days for the second 100,000
cases, and just four days for the third 100,000
cases,” said Tedros Adhanom Ghebreyesus, the
director-general of the World Health Organization.
Within a
matter of days, the United States will have more
cases of COVID-19 than any other country, including
China and Italy, the initial epicenters of the
disease. In New York, lines of ill people snake
around city blocks, while a makeshift morgue is
being constructed outside of New York’s Bellevue
Hospital. In other New York City hospitals,
refrigerated trucks are being used to store bodies
in conditions doctors call “apocalyptic.”
Experts
have repeatedly warned that the United States is at
only the beginning of its outbreak and that cases
will continue to soar. But already hospitals
throughout the country—including those far away from
the main centers of infection, such as the Beaumont
and Henry Ford Health systems in Detroit—are filled
to capacity.
Despite
widespread claims that the pandemic afflicts only
the elderly, the disease has proven dangerous to
broad sections of society. Thirty-eight percent of
people hospitalized in the US are between the ages
of 20 and 54.
Meanwhile,
despite the pleas of health experts, many workplaces
throughout the country remain open. It is becoming
increasingly clear that the disease is rapidly
spreading in American workplaces, many of which do
not have even the most basic safety measures in
place to protect workers.
Two US Fiat
Chrysler workers, including a worker at the Sterling
Heights Assembly Plant north of Detroit and another
at the Kokomo Transmission Plant in Indiana, have
died after becoming infected with COVID-19.
Nine
workers in Amazon warehouses have tested positive
for the virus. But despite the mounting toll, Amazon
has made clear that it will neither shut down
warehouses nor provide warehouse workers and
delivery drivers with necessary protective
equipment.
Even as the
pandemic gathers strength, the Trump administration
is escalating its campaign for a prompt return to
work. Trump, disregarding the warnings of his own
health experts, has called for America to be “open
for business” by Easter, demanding to see “packed
churches all over our country.”
In perhaps
the most deranged expression of the outlook shared
by Trump, the far-right Federalist online
magazine, whose content Trump has repeatedly
promoted on Twitter, published an article urging its
readers to deliberately infect themselves and their
children with the virus in order to generate “herd
immunity.”
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But the
denial of the dangers posed by COVID-19 and the
urge that lives be sacrificed for the sake of
the “economy” extends far beyond Trump and his
supporters in the United States.
Trump’s
points were echoed by his political ally and
far-right ideologue Jair Bolsonaro, the president of
Brazil, who declared, “The people will soon see that
they were tricked by these governors and by the
large part of the media when it comes to coronavirus.”
He called the disease the “little flu.”
In Germany,
the daily Handelsblatt ran a prominent
interview with hedge fund manager Alexander Dibelius,
who declared that the “collective shutdown of the
economy” is “more frightening than this viral
infection.”
These
demands echoed similar statements among American
oligarchs, including former Goldman Sachs executives
Lloyd Blankfein and Gary Cohn. Cohn, formerly
Trump's chief economic adviser, declared that it was
time “to start discussing the need for a date when
the economy can turn back on.”
Wells Fargo
CEO Dick Kovacevic, referring to “healthy workers
below about 55,” stated, “We’ll gradually bring
those people back and see what happens. Some of them
will get sick, some may even die, I don’t know.”
Billionaire
Tom Golisano, “smoking a Padron cigar on his patio
in Florida,” complained to Bloomberg News, “The
damages of keeping the economy closed as it is could
be worse than losing a few more people.”
“You have
to weigh the pros and cons,” he said.
According
to researchers at Northwestern University, the
“cons” of reopening businesses before the pandemic
is under control could be 600,000 lives nationwide.
Under
conditions in which the number of cases in much of
the United States is doubling every day, and where
there is no indication that the pandemic is under
control, such proposals are totally reckless,
displaying both ignorance and contempt for human
life.
Indeed, the
“value” of human life has become a major topic of
discussion in the American press. The New York
Times published an article Thursday headlined,
“Shutdown Spotlights Economic Cost of Saving Lives.”
The article cites former Obama adviser Cass
Sunstein, who stated, “A program that saves younger
people is better, in this sense, than an otherwise
identical program that saves older people.”
Another
Obama adviser, Ezekiel Emanuel, has repeatedly
appeared as a media commentator during the pandemic,
despite his having argued in 2014, in an effort to
justify cuts to health care, that people should not
live past 75 because “society and families—and
you—will be better off if nature takes its course
swiftly and promptly.”
Society’s
first and only concern must be to contain the
pandemic as rapidly as possible. Social distancing
measures, such as the closure of schools and
workplaces, are a critical element of containing the
disease, allowing for testing and contact tracing
measures to be put in place, and spreading out cases
so they do not overwhelm hospitals.
The United
States and much of Western Europe, however, are not
carrying out the practices recommended by the WHO.
Hospitals throughout the United States are refusing
to test all but the critically ill, making it
impossible to track down the majority of cases and
informing people who have been in contact with those
infected.
And with
hospitals already at capacity in much of the
country, most cases are not being hospitalized,
again contrary to WHO guidelines, exposing family
members to infection.
In
demanding that states lift mandatory quarantine
orders, Trump, speaking for finance capital, raises
the prospect of employees being compelled to work by
means of threats and sanctions. Those who refuse to
work in unsafe conditions risk being fired, and thus
becoming ineligible for unemployment benefits.
Workers will have to face the devastating choice of
sacrificing the health of their own families and
facing hunger, eviction and homelessness.
Even as the
oligarchs demand that workers toil in unsafe
conditions, workers are beginning to fight back. A
wave of walkouts forced the closure of the Detroit
automakers earlier this month. Workers across the
logistics industry, including Amazon, have demanded
safer working conditions, and postal workers in
Brooklyn have reportedly refused to deliver mail.
The hashtags #notdyingforwallstreet and #generalstrike
have trended across Twitter.
No expense
can be spared when it comes to reducing the number
of infections and saving lives. The working class
must demand that governments and employers take
emergency action to address the crisis:
• Close nonessential workplaces!
All workplaces not directly involved in medical care
and the manufacture of medical products, or vital
social necessities, must be shut for the duration of
the pandemic! Workers out of work must receive their
full income, and all resources must be made
available to those affected by school closures,
including paid time off and food assistance.
• Safe working conditions!
All workers must have a safe work environment and be
protected against the spread of the virus.
• Accessible and universal testing!
No expense can be spared in making available free
testing to all those who show symptoms.
• Free high-quality treatment and
equality of care! The
most advanced medical care must be made available to
everyone, regardless of income or insurance
coverage.
• Protect refugees, prisoners and the
homeless! Everyone
must have access to high-quality and clean living
conditions to prevent the spread of the disease.
Workers
should form rank-and-file workplace and neighborhood
committees to coordinate their activities, mobilize
their collective strength, ensure that those who are
sick receive social support, and monitor working
conditions to ensure a safe environment.
The
response to the disease cannot be left to the
capitalist politicians, Democrats or Republicans.
Their primary concern is to maintain the profits of
the ruling elite through the inflation of the stock
market.
On
Wednesday, White House advisor Larry Kudlow made
clear that the $2 trillion “stimulus bill” that will
soon be passed by the US Congress is in addition to
some $4 trillion in asset purchases, aimed at
lifting the values of financial assets. The bill,
supported by both Democrats and Republicans,
includes tens of billions in direct subsidies to
major corporations, and hundreds of billions more in
loans.
The claim
that society must choose between letting workers die
and subjecting them to economic destitution is
false. It assumes the permanence of the present
capitalist form of social organization, in which the
state gives trillions to the corporations but cannot
ensure a livable income for workers if they do not
work during an emergency.
Millions of
lives can be saved if society allocates the
necessary social resources to combatting the
COVID-19 pandemic and ensuring that all workers have
the social support they need to stay home to
preserve the safety of their families and the
public. Instead of being bailed out with trillions
of dollars in public funds, the major banks and
corporations should be put under the democratic
control of the population to ensure the health and
safety of their workforces and all of humanity.
The
alternative to the dystopian world of capitalism, in
which the “cost” of human lives is measured against
the drive for profit, is socialism, a global society
based on the reorganization of world economy to meet
social need.
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