The Rich Will Use Crisis to Further Immiserate Workers | Black Agenda Report

The Rich Will Use Crisis to Further Immiserate Workers

Black Agenda Radio with Margaret Kimberley and Glen Ford, Anthony Monteiro

26 Oct 2020

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Margaret Kimberley · The Rich Will Use Crisis to Further Immiserate Workers

Over half the US workforce would be “made redundant” if the Wall Street and high-tech oligarchs are allowed to restructure the economy under cover of the Covid-19-induced crisis, said Duboisian scholar Anthony Monteiro. The rich want to bring about a “fourth industrial revolution” in which “unemployment or part-time employment and semi-employment will define what work means,” said Monteiro, an organizer with the Philadelphia Saturday Free School. Hi-tech corporations will “make trillions in profits as they dispense with labor.”

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