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Short URL: https://seattledsa.org/?p=14871
Join District 3 members to discuss…
COVID19 has unleashed a global economic and social catastrophe, the devastating impact of which will be disproportionately borne by working people. This comes on the backs of four decades of neoliberalism which meted out savage cuts to working people’s living standards to the point that 12% of the US population is in poverty (a family of 4 making $24,000 a year), 40 million are without healthcare coverage, and 40% of workers couldn’t absorb an unexpected bill of $400.
As COVID19 tightens its grip on society, global stock markets have collapsed by 30%. Unemployment is soaring, 10 million in the last 2 weeks, and threatens to crest double digits, as high as 20% according to Goldman Sachs. This will disproportionately impact women and people of color who make up the majority of low wage, no benefits jobs, and who are least likely to have paid sick leave. We don’t know what the full impact will be but what we do know is, like the last crisis, this will come down to who pays for the crisis, working people or big business.
How did we get here? Are we headed towards a second Great Depression? We know that capitalism is to blame, but how exactly? What is capitalism? How are profits made? Who are the ruling class? And the working class? What’s the role of the state in all this? And how would socialism be any different?
We’ll also be discussing next steps in the Suspend the Rent! Campaign to pressure Gov. Inslee to decree and rent suspension/forgiveness.
Meeting ID: 238 193 960
+16699009128 (San Jose)
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