@kurth

And? I told you that article is good and smart.

Going down

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2020 is -46.6 percent on June 25, down from -45.5 percent on June 17. After this week’s data releases from the U.S. Census Bureau, the U.S. Bureau of Economic Analysis, and the National Association of Realtors, a decrease in the nowcast of second-quarter real residential investment growth from -25.9 percent to -35.9 percent was offset by an increase in the nowcast of real business fixed investment growth from -31.1 percent to -28.2 percent

Right now, sales taxes, real-estate-transfer taxes, income taxes, fines and fees—they are all collapsing, leaving local governments with a budget gap expected to total $1 trillion next year. Without help from Washington, this will necessarily mean massive service cuts and job losses: namely, an estimated 5.3 million job losses.

Again marxists around

Black Lives Matter co-founder Patrisse Cullors said in a newly surfaced video from 2015 that she and her fellow organizers are “trained Marxists”. Cullors, 36 spent years absorbing the Marxist-Leninist ideology that shaped her worldview.

“The first thing, I think, is that we actually do have an ideological frame. Myself and Alicia in particular are trained organizers,” she said, referring to BLM co-founder Alicia Garza.

“We are trained Marxists. We are super-versed on, sort of, ideological theories. And I think that what we really tried to do is build a movement that could be utilized by many, many black folk,”

Bad news for some guys.

Although self-experimentation by physicians and other biological scientists appears to be in decline, the courage of those involved and the benefits to society cannot be denied.

Remind me PIHKAL and TIHKAL personal experiences of the Shulgin family .-)

@Vitaliy....Cullors endorsed elizabeth warren. Doesn't sound like a "trained marxist" to me .

Mordor chart

Self isolation index during COVID on Y axis versus homicides per 100k people. Interesting trend.

@kurth

You badly know history. If supporting some capitalist initiative or person will bring you closer to the goal or will change the things so it'll be simpler to get to the goal later - it is good thing to do. Does not mean that you need to become opportunist, but it is just mean that you keep core principles and not that you are stone idiot following each book rule. It is lot of people who can cite you book even in their sleep, but few who can act according to real situation.

@Vitaly.....ahhh...wrong ! Did trotsky compromise ? Me thinks my history is better.

Japan

Industrial production was seen down 5.6% in May from the previous month, a Reuters poll of 17 economists found, falling for a fourth straight month but less sharply than a revised 9.8% drop in April.

The poll also showed retail sales are expected to fall 11.6% in May from a year earlier, down for a third month in a row, after a revised 13.9% drop in April.

@Vitaliy...he's a great example for what we're talking about though....and short of lenin and marx, the most widely read theorist. Maybe even more widely, due to swp.

@kurth

May be wide in some closed US and EU circles. Nice theories that don't match practice are of little use. And Trotsky had been horrible tactic and very famous opportunist.

A petition, signed by over 600 students, alleges that Block has ‘racist and sexist beliefs’.

The petition claims that Block “has publicly stated that he believes slavery to be wrong because it goes against Libertarianism, not because it is morally wrong.”

Block, as the professor told the publication “Slavery is wrong, evil and should be outlawed, and slavers be considered criminals and put in jail because it is a rights violation; it is an abomination.”

“The woke people who want me fired do not wish to engage in civil dialogue or debate. Also, thank goodness for academic freedom and what little intellectual diversity remains on campus,” Block urged.

Someone is slow to understand that libertarians who are now standing close to extreme right of the US spectrum (against help for people who lost jobs and many more such things) are very near to the slave owners. Time of debate is ending, it will be time for action.