Democratic Socialism Will Soon Replace Capitalism

Capitalism will slowly evolve into a Democratic Socialist system that will be able to provide the structures for maintaining democratic substance and resolving the challenges of a difficult future.

Capitalism will slowly evolve into a Democratic Socialist system that will be able to provide the structures for maintaining democratic substance and resolving the challenges of a difficult future.

In Spain, which recently overtook Italy as the epicenter of the coronavirus in Europe, Prime Minister Pedro Sánchez committed €200 billion — 20% of the country’s GDP — to alleviate the economic and social consequences of the pandemic. When asked how he would pay for that amount of spending, Sánchez replied that he was counting on financial help from “Europe.”
On April 6, 2020, the U.S. State Department announced the designation of the Russian Imperial Movement (RIM) and three of its senior leaders pursuant to Executive Order 13224.
A boy has been charged with right-wing terrorism offences.
The 16-year-old from Newcastle faces 11 charges including supporting the banned neo-Nazi group National Action.
Paris – A knife attack which resulted in two dead and five wounded Saturday morning in the town of Romans-sur-Isere, an hour drive South of Lyon, is being treated as a terrorist attack by French authorities. Two of the victims are in critical condition.

Shame on YOU. Ok, one need not be a financial genius or economist to know that in 2008-09 Uncle Sam gave away the store to the failing Wall Street banks and investment corporations.

As draconian lockdowns, punitive regimes and surveillance become the norm of the coronavirus world, Sweden has treaded more softly in the field. This is certainly in contrast to its Scandinavian cousins, Denmark and Norway. The rudiments of a life uninterrupted generally remain in place. Cafes, restaurants and shops, for the most part, remain open and stocked. As do gyms and cinemas. Vibrant after-ski parties persist, much to the bemused horror of those across the border.
For nearly a century, the U.S. regime has made it its goal to terrorise (defenceless) nations it deemed geopolitically unfriendly to its imperialist dictates. It is a well-financed and deliberate campaign of unprovoked aggression, heinous war crimes and wanton destruction to dominate the world. Without effective deterrence, every nation is at the mercy of U.S. barbarism.

As U.S. COVID-19 cases double every few days and the death toll mounts, the U.S. seems to be caught in a “worst of both worlds” predicament: daily life and much of the U.S. economy is shut down, but no real progress has been achieved in its efforts to contain or eradicate the virus.
In the backdrop of the ravaging coronavirus pandemic, John Bellamy Foster, editor of Monthly Review, the famous socialist magazine, discusses the pandemic in relation to the present condition of capitalism and economic crisis in the following interview conducted by Farooque Chowdhury in late-March, 2020. Foster, professor of sociology at the University of Oregon, and author of numerous books on political, economic, and ecological issues, relates the pandemic to the capitalist economy, its crisis and climate change.