World Health Organization confirms first official human death from H5N2 (Bird Flu). A Mexican man with no prior animal contact has passed away, heavily implying human-human transmission
Erm… bird flu?
Yeah buddy, they tend to do that.
Anyway, who is excited for some new unprecedented times?
Gloria La Riva could have somehow won in 2020 and brought the American people so many quality of life wins. But we know damn well that if she had even a DAY of lockdown she’d lose in 2024 because you NEVER mess with an American and their god given right to consume thoughtlessly.
Didn't the US start preemptively developing a vaccine. I may totally eat my words but I don't think the world goverments will let another plague run wild with how much it hurt capital last time.
I’m not really an expert on this topic but I don’t think covid was necessarily bad for capital as a monolithic group. Recessions hurt some and help others, having the effect of concentrating capital among a shrinking group of capitalists while the losers fall to the working class.
Michael Hudson understands the 2008 crisis as essentially a corrective event made inevitable by the housing bubble. In Marxian terms I think of this as price and value increasingly diverging when looking at the economy in aggregate, and eventually the laws of capitalism assert themselves.
From the perspective of capital, if you own most of the factories and a recession eliminates your competition, then you get to take up their capital at a fraction of its real value. So a recession increases wealth inequality and shrinks the overall economy, but it also massively benefits a small minority of winners.