Trotskyists on the Pandemic

My Trotskyist friends have all opined on the coronavirus crisis. And well they should, because finally they have something that might actually rise to the level of a "crisis," unlike all the other mythological "crises" they have previously invented (climate, education, decline in living standards, etc.).

Never let a good crisis go to waste.

Here is a brief review of relevant articles. Let's begin with the Statement By Socialist Resurgence  (SR), which sums up everything wrong with Trotskyist economics.

Slowing down the initial spread of COVID would have meant paying for massive testing campaigns in every country as soon as the virus was identified in China. In itself, this act would have meant large payments for doctors and equipment, not to mention the inevitable slowdowns in production as workers test positive and choose to self-quarantine. A rational response to the virus means workers and their dependents must not engage in productive activity while also being sustained in all of the necessities of life.

Consider the last sentence: workers and dependents must not engage in productive activity. Presumably "workers and dependents" include people employed by grocery stores, pharmacies, delivery services, not to mention farmers, tractor mechanics, grain haulers, meat packers, etc. None of those people can go to work. Yet everybody is gonna get free food? How?

Further, doctors (who presumably are also banned from working) are now supposed to provide "free" healthcare. I assume that means they're supposed to work for free, like they do in Cuba. At very best they'll get paid in little green pieces of paper--with which they'll be able to buy nothing at all because nobody else will be producing anything.

The ridiculous assumption is that the "bourgeoisie" have some huge stash of food held in reserve that they can now personally distribute to the working class. Imagine Bill Gates riding a bicycle delivering pizzas.

This is the free unicorn theory of economics. It makes no sense.

SR can't help but resurrect old eco-wheezes, blaming the virus on: deforestation and forest fires; global trade, especially with more remote areas; industry reaching deep into hitherto untouched forest uncovering disease-ridden animals ready to transmit to humans (a silly thesis); the stock market. Ultimately, they blame civilization--we should all return to some primitive hunter-gatherer existence when everybody was happy and life expectancy was 32 years.

The truth is that Covid-19 originated in a live-animal market in Wuhan. Or, for the more conspiracy-minded, it was caused (probably inadvertently) by an escaped virus from a nearby research lab. None of this has anything to do with forest fires.

James Fortin, in an article in Socialist Action (SA), is absolutely obsessed with Donald J. Trump. In his imagination the spread of the virus was caused by: Trump refusing to implement the Defense Production Act; Trump suggesting that "WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF" (caps in Fortin's original); Trump disobeying his own medical advisers; Trump personally responsible for denying masks and PPE to healthcare workers; Trump originally underestimating the seriousness of the disease; and last but not least, Trump wanting the stock market to go up.

If only Hillary had been elected president! The world would just be so much better!!

Like SR’s piece, an article by Roy Landerson in The Militant concentrates on economic issues, albeit much more intelligently. Mr. Landerson (who I believe is a pseudonym for Brian Williams) is a competent economics reporter. The problem with being competent is that it becomes impossible to issue the radical-sounding but ultimately really stupid demands. Accordingly The Militant comes across as veritably reformist. They're not really--they're just sane.

A key graf:

In the U.S. and around the world, the capitalist rulers are trying to stem the virus tide by shutting down much of the economy and globalized world production and trade, apart from “essential” industries and services. Borders have been closed, lockdowns and curfews imposed in ever more far-reaching fashion. As the social dislocation for hundreds of millions of working people increase, so too will attacks on our rights and political space.

Mr. Landerson's account is much more specific about what has and has not been shut down. Further, he never criticizes the principle behind the closures--namely to prevent the spread of the virus. His final sentence also rings true, albeit he uses weird, SWP language to express it.

Attacks on "our rights and political space" supposedly refers only to the working class, but really it affects everybody--especially academics and journalists. The warning is echoed by many others, including the prominent libertarian, Arnold Kling, who suggests that once governments obtain power, they are reluctant ever to concede it. I'm sympathetic to Mr. Kling's and The Militant's concern.

Mr. Landerson is alone on my list who mentions the other principle reason for economic distress.

An additional external shock, in the midst of this crisis, is the collapse of the crude oil production quotas and price fixing deal between the rulers of Saudi Arabia and Russia. This caused a glut amid falling demand and already plummeting prices. Low prices will hit highly indebted U.S. shale oil producers hard as well as the budgets of governments dependent on oil exports like Venezuela, Nigeria and Iran.

The US used to be a net energy importer, which means that falling oil prices were an unalloyed blessing to our economy. But now we're a net exporter and the shoe is on the other foot. The benefit to the American consumer (which given the lockdown they can't avail themselves of) are outweighed by the collapse in energy sector employment.

The Militant's sober analysis of the crisis leads to a sober list of demands, most of which have already been met by the government.

• They demand "emergency relief for the working class" and others, such as farmers and shop owners. The $1200 checks issued to each adult meets this request.
• They ask that the government build emergency hospitals--now being done in New York at the Javits Center and in Central Park, along with a hospital ship. Similar efforts are underway elsewhere.
• They request "weekly unemployment relief that working people can depend on — not just a one-time check in the mail that falls far short of what is needed." Indeed, unemployment benefits have been juiced by $600/week, and extended to 39 weeks.
• They want a "government-funded public works program to put millions to work at union-scale wages." In government they call that an "infrastructure bill," and it does look like it's coming. I oppose it because I think it's mostly wasteful pork.
• Finally, they want "a crash government program to greatly expand the resources to produce a coronavirus vaccine." I think that's happening. The problem with vaccines is they have to be proven both safe and effective, which takes time. No amount of money will make that time any shorter.

Two of the SWP's demands are out of sync with the public's. First, they want emergency and unemployment benefits to be extended to illegal immigrants. This is a political nonstarter. 

And second, they want the Federal government to take over the production and distribution of essential supplies. For some reason they think that the government will be better at logistics than Walmart or Amazon!? The government--which ordered hospitals to use virus tests that didn't work; that couldn't get the Obamacare webpages to work; which allows the military to buy hammers at a thousand dollars each; which can't get the 737-Max plane back in the air--that government is now supposed to be given a monopoly on essential medical supplies.

No thank you!

Finally, let me link to a wonderful article by Louis Proyect. It's not really political, but instead is a beautifully written memoir of what it's like to be a septuagenarian in New York City during a pandemic.

Further Reading:

• Socialist Resurgence Demands Steep Wage Cuts for Healthcare Workers
• Book Review: Kim Jong Un
• The SWP Defends Civilization