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Coronavirus should not be blamed for another crisis of the capitalist system, warns CP

THE coronavirus pandemic underlines the inability of capitalism to meet public-health and environmental emergencies, Communist Party (CP) general secretary Robert Griffiths warned over the weekend.

The impact of the pandemic will make the expected recession deeper, he said, but would not be the primary cause of a “cyclical downturn” exposing the “greed and corruption” of the financial system.

Bailing out private enterprises in Britain will cost at least £350 billion over the next period, according to the UN council on trade development. 
“That’s more than the annual public expenditure on healthcare, education, transport and the environment combined,” the CP leader pointed put.

Recalling that the banking bailout had been followed by a decade of state-imposed austerity, he urged trade unions, the People’s Assembly and other movements to prepare for mass campaigning to defeat future Tory moves to make the working class pay for “capitalism's life-support treatment.”

The party’s executive committee criticised the Tory government’s failure to plan much earlier to requisition production, distribution and research and development facilities to ensure adequate supplies of protective equipment for front-line staff, ventilators, testing kits and intensive-care beds.


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