padraig (u.s.)
a monkey that will go ape
I don't think so. certainly not yet.this is a chink in the facade of"capitalist realism"?
it will - as one hears - massively disrupt and possibly permanently rearrange global supply chains
and likely speed up the already ongoing shift to more remote working, learning, buying, etc, with resulting changes in production and consumption
but it's hard - for me - to see how's it not just rearranging the chairs on the deck of the proverbial ship
even in 2008 it was hard for people to grasp the causes of a crisis that was 99% the fault of Wall Street etc greed, ignorance, and delusion
this time they are much more indirectly related to capitalism, or capitalist realism
one thing it is doing is exposing many awful practices that are normally taken as business as usual
i.e. cities are saying for the duration of the crisis they're not going to do things like: turn off people's water, have police evict people who can't pay rent, etc. interest won't be collected on student loans. ISPs will eliminate broadband data caps. and so on.
as that article says, why the fuck is any of that happening in the first place? well, obviously to benefit: utility companies, property owners, loan providers, ISPs, etc.