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Covid-19 Pandemic Could Push Up to 150 Million Into 'Extreme Poverty' by 2021, World Bank Warns

Originally published at http://www.commondreams.org/news/2020/10/07/covid-19-pandemic-could-push-150-million-extreme-poverty-2021-world-bank-warns

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Only 150 million? That seems like an awfully low estimate. And let’s not forget: It is not the pandemic that is “pushing” so many people into poverty. Governments are pushing so many people into poverty… governments manipulated by Big Capital… governments converted into streamlined, highly efficient mechanisms for preying on the global public – the very same public that is being impoverished… governments converted into dispossession machines.

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Wars and climate heating too:

~https://www.theguardian.com/global-development/2020/oct/07/moria-20-refugees-who-escaped-fire-now-living-in-worse-conditions

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But but The Economist magazine and champions of Capitalism and “The Free Market” insist that Capitalism and endless growth ends poverty!

Am I the only one who questions the criteria for extreme poverty - using a dollar number ?

It seems foolish at best - and at worst - a way to impose finance on everyone - finance which has been utterly disastrous.

“Push 150 million into extreme poverty by 2021” which is less than three months away.

CAN YOU BELIEVE THAT CD IS ASKING IF THIS MSG IS COMPLETE?

  • this is a complete sentence –

THE NATION WILL NEED A NEW FDR – A BERNIE SANDERS NOT BIDEN –

BUT WE DO HAVE THE TEMPLATE FOR THE NEW DEAL – HISTORY RECORDS
WHAT FDR DID –

START WITH RESTORING FULL UNEMPLOYMENT INSURANCE –

TAKING SOCIAL SECURITY OUT OF THE HANDS OF POLITICIANS AND RESTORE IT
TO WHAT IT WAS DESIGNED TO DO – I.E., A PAY AS YOU GO SYSTEM ONLY
RAISING SUFFICIENT FUNDS TO SUPPORT THOSE ALREADY RETIRED – END THE
SURPLUS – THE SLUSH FUND THE RIGHT WING CREATED FOR WARS, TAX CUTS
FOR RICH AND USING IT TO HIDE THE TREMENDOUS DEBT THE RIGHT WING BUILT
UP AGAIN – 8 TRILLION BY TRUMP ALONE IN 4 YEARS !!!

END MONOPOLY CORPORATIONS –

STOP BURNING FOSSIL FUEL –

STOP ALL FACTORY FARMING – MOVE TO VEGETARIAN AND VEGAN MENUS –

USE RESTORED US INFLUENCE TO FREE WOMEN AND SLAVE LABORERS ALL
OVER THE GLOBE –

Setting aside the effect of Covid, the chart seems to show a considerable reduction in global poverty from over 35% in 1990 to less than 10% in 2020. But is this in adjusted for inflation dollars? Anyway, $1.90 is not much money. Even Fearless Fosdick earned more than that.

Wages are much much lower in other countries. That’s why the neoliberals want to globalize work, even work thats performed here in the US.

They promised to do that in the 1990s
ttps://web.archive.org/web/20100714084739if_/REPLACE_MEttp://www.rufuspollock.org/wto/cache/agreementestablishingWTO.pdf

(see highlighted text)

Actually, its a big thing, the idea being to remake the world economically.

ttps://undocs.org/en/A/RES/44/232 (search for “15 -20 September 1986” or Punta Del Este)

and to take back our promise, in the WTO GATS we’re going to need to pay compensation for the jobs we had put in the table.

They fully intend to import tens of millions of high skill workers (and then work their way downward, is the plan)

Its thought that Biden will restore TISA to be our top trade priority. Right now its “in the refrigerator” in trade lingo.

See also

ttps://www.epsu.org/sites/default/files/article/files/presentation%20by%20Oliver%20Prausmueller_TradeJointWorkshop_19112019.pdf

for how European activists are planning to fight the global (especially US’s ‘next get’ negative list FTAs- which have a standstill and ratchet - ) war on public services.