The policies of federal and state governments of all political colours have led to a massive increase in rents in recent years, which are becoming almost impossible to afford for ever larger sections of the population. At the same time, property companies are making fantastic profits.
The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of household debt.
The 354,000 homeless would fill Wembley Stadium in London almost four times over. The number of homeless children alone in England is not far short of filling the national stadium twice.
Health workers fear a fifth of the population may be dead, but the French president arrogantly told angry crowds that if France did not rule Mayotte, it would be “10,000 times” worse.
This is the report delivered by Nick Beams to the 2022 International May Day Online Rally held on May 1. Beams is a longstanding leader of the International Committee of the Fourth International and an expert on Marxist economics.
Her carefully cultivated public persona has allowed Elizabeth II to be deployed at times of heightened national crisis as an illusory but politically necessary embodiment of stability and permanence.
The scale of the horror and the depth of the public reaction suggest that something of a “tipping point” has been reached.
In the wealthiest country in the world, store shelves are empty and millions of families are now facing a desperate struggle to find essential nutrition products for their babies and toddlers.
