The pandemic exposes the bankruptcy of European capitalism – WSWS
The following report was delivered at the Socialist Equality Party (US) 2021 summer school, held August 1 through August 6, by Johannes Stern, the deputy editor of the German-language edition of the World Socialist Web Site and a leading member of the Sozialistische Gleichheitspartei (Socialist Equality Party) in Germany.
Over the last year, the initial propaganda of the European governments that they had responded more responsibly to the pandemic than the US governmentfirst under Trump and now under Bidenhas been exposed as a murderous fraud. As in the US, the European population faces a ruling class that puts profits before lives and effectively pursues a policy of social murder.
There are officially over 1.1 million dead on the continent. This includes more than 150,000 in Britain, more than 160,000 in Russia, about 130,000 in Italy, 110,000 in France, 92,000 in Germany, 82,000 in Spain, 75,000 in Poland and 53,000 in Ukraine. Such numbers are unprecedented outside times of war. And as in the US and India, the real numbers are certainly much higher. And they continue to rise.
As we hold this school, a deadly fourth wave of the pandemic is developing, exacerbated by the spread of the highly contagious Delta variant. In the UK, Spain and France, 20,000 to 30,000 new infections are reported every day. In Germany, the numbers are rising rapidly and, as a result of the governments reckless reopening policy, it is only a matter of a few weeks before daily infection figures reach new records.
Earlier this week, Chancellery chief Helge Braun of the Christian Democratic Union (CDU) even warned of 100,000 new daily infections in Germany in September. Incidence rates of over 800 infected with COVID-19 per 100,000 inhabitants are unfortunately not unrealistic, she said.
What such an incidence rate means is clear: the complete overload of the health system and a renewed wave of mass death. A recent study published by the RKI calculated that intensive care capacities would be overwhelmed at an incidence rate of 400. Already in the second and third waves of the pandemic, the health care system was at its limit, and tens of thousands of people succumbed to the virus in Germany alone.
As in the first waves of the pandemic, the mass suffering is a direct result of the aggressive opening policies pursued by the European ruling class. Governments of all stripes are pursuing a deliberate policy of herd immunity, putting profits before lives.
In order not to jeopardize the orgy of enrichment on the stock exchanges, governments across Europe insist that there must be no more lockdowns and that one must live with the virusor, rather, die with the virus. British Prime Minister Boris Johnson summed up the ruling classs policy in his infamous statement, No more f***ing lockdowns, let the bodies pile high in their thousands!
With this the governing parties in Europewhether conservative, social democratic or pseudo-leftare in essence implementing the program of the extreme right, which has long called for an end to all pandemic containment measures. In Germany, just a few weeks ago, the CDU leader and likely next chancellor, Armin Laschet, openly declared his solidarity with the Alternative for Germany (AfD) in a diatribe against new lockdown measures.
The WSWS has described the pandemic as a trigger event that enormously accelerates the already advanced economic, social and political crisis of the capitalist world system. This is especially visible in Europe. The ruling class has used the pandemic to further advance its policies of social austerity and rearmament, which it had already steadily intensified after the 2008-09 financial crisis.
As in the US, trillions were handed over to banks and large corporations last March. As a result, the fortunes of the super-rich have continued to explode in the year of the pandemic. According to this years Forbes list, Europes billionaires have grown richer by a total of $1 trillion over the past year. These 628 people now have a total wealth of over three trillion dollars, an increase of around 50 percent in just one year.
These gigantic sums are now to be squeezed out of the working class again. Hence the aggressive back to work and back to school policies supported by all capitalist parties and organized in close cooperation with the trade unions.
The herd immunity policy and social attacks go hand in hand with calls for a more aggressive imperialist policy. Like the US government, the European powers are taking advantage of the crisis to intensify their rearmament policy. All the central European powers have massively increased their defence budgets in the year of the pandemic. Germany is leading the way. Next year, for example, the defence budget is set to rise by another five percent, to well over 50 billion.
We have written about the aggressive NATO manoeuvres in the Black Sea, which heighten the danger of a direct military confrontation with the nuclear power Russia. And the European powers are also becoming increasingly aggressive toward China, despite close economic ties.
In a fit of megalomania, Berlin sent a frigate towards the Indo-Pacificon the pretext of securing freedom of navigation there. Aggressive anti-Chinese comments in the press bring back dark memories of Kaiser Wilhelms infamous Hun speech almost 121 years ago to the day.
We have discussed in detail the January 6 coup and the danger of fascism in the US in this school. In Europe, too, the turn of the ruling class toward dictatorship and fascism is well advanced and has been further exacerbated by the pandemic.
I have already mentioned that fact the ruling class in Germany is adopting the program of the far-right AfD. In France and Spain, there are far advanced coup plots in the army. The Macron government in France and the PSOE-Podemos government in Spain are downplaying the danger and are themselves responding to the far-right threat with a sharp shift to the right.
Their stance expresses the same class interests that we have analysed with respect to the Democrats in the United States. The nominally democratic parties in Europe reject any serious struggle against the far-right danger because they defend the interests of finance capital and, above all, fear the growing militancy and resistance of the working class. To suppress the class struggle, they themselves increasingly adopt the program of the extreme right.
At the same time, the pandemic has aggravated the deep crisis of the European Union and the tensions between the imperialist powers on the continent.
While the European powers in general agree on issues of social cuts, militarism, and war, they have been utterly unable to organize a common approach to contain the pandemic. When the virus spread dramatically last spring, for example, the German and French governments imposed export bans on medical protective equipment. Since then, tensions have continued to grow, especially between France and Germany. In mid-July, French neo-fascist and possible next president Marine Le Pen threatened to break the alliance with Germany and develop a close military cooperation with Britain and the United States.
The spectre of catastrophe returns. Germany and France have fought three bloody wars against each other in the last 150 years. Now the escalating economic, social and political crisis is reviving all the unresolved problems of European capitalism in the 20th century.
The entire history and development of the European Union confirms the Marxist analysis summarized by Leon Trotsky in 1917: A halfway complete and consistent economic union of Europe coming from the top by means of an agreement of the capitalist governments is sheer utopia.
And further: The economic union of Europe, which offers colossal advantages to producer and consumer alike, and in general to the whole cultural development, becomes the revolutionary task of the European proletariat in its fight against imperialist protectionism and its instrumentmilitarism.
This is the perspective that the Trotskyist movement has defended against Social Democracy and Stalinism, and which now takes on immediate significance. Among workers and youth, resistance is developing across Europe.
First, there was a wave of spontaneous strikes in key auto, manufacturing and food factories in Italy and across Europe that forced European governments to implement the initial lockdowns last spring. Then in the fall of 2020, there were renewed strikes and protests against the opening policy, including school strikes in Greece, France and Germany.
Now strikes and protests are developing across the continent against attacks on workers jobs and wages. As in the US, corporations, with the help of the unions, are using the COVID-19 pandemic to push through historic attacks on wages and working conditions.
These are only some examples we have been covering extensively on the WSWS: the struggle of the Banbury300 at JDE in Britain, the strikes and protests of the Gorillas delivery workers in Berlin, the struggle of the WISAG airport workers in Frankfurt and the spontaneous strikes of electricity workers in Turkey.
In all these struggles, we have not only commented on events, but intervened as active participants in the class struggle. We fought to organize workers independently of the unions and clarified central questions of political orientation and perspective. On this basis, we have been able to set up rank-and-file committees among teachers and students and make similar developments in other workplaces and industries.
We are in a situation where our partys intervention is becoming the most decisive factor in determining how political developments play out.
The example of our intervention among Volvo workers in the Belgian city of Ghent is worth considering again. Our intervention there and the support we won for the strike of the Volvo workers in Dublin, Virginia directly strengthened the struggle of the rank-and-file there. At the same time, the strike in Dublin, which we told Volvo workers in Ghent about, spurred their fight against the 40-hour week. Just one day after our first intervention, there was a spontaneous walkout at Volvo Cars in Ghent.
We cannot underestimate the influence we have. Similar to the response of the WSWS to the 1619 Project, we have understood that the rewriting of history in Germanythe trivialization of Nazi crimes by far-right professors such as Jorg Baberowskihas far-reaching consequences. We have not only noted this, but we have mobilized a powerful intellectual and political offensive against it, which has found such a great response because it articulates the enormous opposition among workers and youth to fascism and war.
There is one other more recent experience that I want to share with you. We are currently in the midst of a federal election campaign. We decided to intervene strongly after the recent flood disaster, in which more than 200 people died because they were not warned and no safety measures were organized. Like the pandemic, this disaster is again exposing the criminality of the ruling class and the bankruptcy of capitalism. Our latest video report, with interviews of those affected, was viewed over 200,000 times within only five days. This underscores the impact we have when we respond aggressively to political events.
In his report to the summer school two years ago, Comrade North explained, The attack on our German section by the Verfassungsschutz is a clear political statement that the ruling elite recognizes that the program and ideas of our movement have the potential to gain a mass following in the working class.
He added: This acknowledgment of the political stature of the Sozialistische Gleichheitspartei is, in one sense, a compliment. But it is also a threat, and it must be taken seriously... To meet the demands of this global development of the class struggle it is necessary for the cadre of the International Committee to draw upon the entire theoretical and political capital of our world party.
This is the orientation of this school and the basis on which we must now continue to develop the work of the SEP and the entire International Committee of the Fourth International.
Sign up for the WSWS email newsletter
More:
The pandemic exposes the bankruptcy of European capitalism - WSWS
- DECLARATION | COMECE Assembly: EU bishops call for AI to remain at the service of the human person - The Catholic Church in the European Union - October 19th, 2026 [October 19th, 2026]
- Strongly worded U.S. warnings to the European Union regarding restrictions on the technology and satellite markets - - October 19th, 2026 [October 19th, 2026]
- SPCX Stock Down For Third Straight Session: The European Union Is Preparing To Fast Track Approvals For SpaceX's Satellite Rival - Yahoo Finance - October 17th, 2026 [October 17th, 2026]
- Palestine*: Statement by the High Representative on behalf of the European Union on the postponement of elections - Consilium.europa.eu - October 17th, 2026 [October 17th, 2026]
- The European Union Deforestation Regulations Uneven Impact: Who is exposed and what are the costs? - International Institute for Sustainable... - October 17th, 2026 [October 17th, 2026]
- SPCX Stock Down For Third Straight Session: The European Union Is Preparing To Fast Track Approvals For SpaceX's Satellite Rival - Stocktwits - October 17th, 2026 [October 17th, 2026]
- AES wins European Union approval for sale to GIM and EQT Fund Management - Seeking Alpha - October 17th, 2026 [October 17th, 2026]
- COMECE bishops send message of prayer and support to Pope Leo XIV - The Catholic Church in the European Union - October 17th, 2026 [October 17th, 2026]
- AES wins European Union approval for sale to GIM and EQT Fund Management - TradingView - October 17th, 2026 [October 17th, 2026]
- European Union Film Festival launches 29th in-person edition, November 12 to 26 - Stir - October 17th, 2026 [October 17th, 2026]
- Adverse childhood experiences in the European Union, Iceland and Norway: characteristics, consequences and costs - World Health Organization (WHO) - October 10th, 2026 [October 10th, 2026]
- The Vadul Racov bell tower, restored with European Union and UNDP support, inaugurated together with the community - United Nations Development... - October 10th, 2026 [October 10th, 2026]
- Ethiopia: Statement by the High Representative on behalf of the European Union on the escalating conflict in Ethiopia and the implications for the... - October 10th, 2026 [October 10th, 2026]
- European and World Day against the Death Penalty: joint statement by the Secretary General of the Council of Europe and the High Representative of the... - October 10th, 2026 [October 10th, 2026]
- Europe under pressure: what does it need to decide now? - European Union Institute for Security Studies | - October 10th, 2026 [October 10th, 2026]
- European and World Day against the Death Penalty, 10 October 2026: Joint statement by the High Representative of the European Union and the Secretary... - October 10th, 2026 [October 10th, 2026]
- European Union study finds children absorb more wireless radiation than adults across range of 5G frequencies - Environmental Health News - October 10th, 2026 [October 10th, 2026]
- Frontex, EUAA and IOM launch European Union-funded partnership with Ukraine on borders and asylum - Frontex - October 10th, 2026 [October 10th, 2026]
- China and the European Union agreed on these 16 resolutions from their joint Trade Talks in Beijing - The Tanzania Times - October 10th, 2026 [October 10th, 2026]
- Carney says Canada will decide its own partnerships after Trump calls EU proposal laughable - CNBC - September 20th, 2026 [September 20th, 2026]
- Mapped: The European Union in 2026, and Whats Next - Visual Capitalist - September 20th, 2026 [September 20th, 2026]
- State of the European Union 2026: GLOBSEC Experts Weigh In - GLOBSEC - September 20th, 2026 [September 20th, 2026]
- The European Union participates at the launch of the Strategic Plan 20262028 of the African Union Office of the Special Envoy on Women, Peace and... - September 20th, 2026 [September 20th, 2026]
- Carney welcomes proposal for Canada to be European Union's first associate member - Le Monde.fr - September 20th, 2026 [September 20th, 2026]
- Relations with the European Union - North Atlantic Treaty Organization | NATO - September 11th, 2026 [September 11th, 2026]
- Owning the middle: What India's BRICS presidency says about the future of multilateralism - European Union Institute for Security Studies | - September 11th, 2026 [September 11th, 2026]
- A Serbia that mourns Mladi and rallies behind Vui cannot join the European Union - EUobserver - September 8th, 2026 [September 8th, 2026]
- Spanish City Overwhelmed by Moroccan Migrant Influx Pleads For Help From European Union - The New York Sun - September 8th, 2026 [September 8th, 2026]
- International Day Commemorating the Victims of Acts of Violence based on Religion or Belief: Statement by the High Representative on behalf of the... - August 23rd, 2026 [August 23rd, 2026]
- European Union launches a new EUR143 million Annual Action Plan (AAP) 2026 for Malawi - European External Action Service (EEAS) - August 23rd, 2026 [August 23rd, 2026]
- European Union Foreign Policy and the Global Climate Regime - ActuaLitt.com - August 23rd, 2026 [August 23rd, 2026]
- Volodymyr Zelensky requests the European Union for 30 billion euros in aid to finance Ukraine's defense. - Informat.ro - August 23rd, 2026 [August 23rd, 2026]
- Is the U.S. driving Iceland to join the European Union? - DW.com - August 16th, 2026 [August 16th, 2026]
- European Union Brackish Water Reverse Osmosis Systems - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - August 16th, 2026 [August 16th, 2026]
- Uefa takes inspiration from European Union in plan to oust Gianni Infantino and reform Fifa - The Independent - August 16th, 2026 [August 16th, 2026]
- European Union marks International Youth Day in Nepal with a day of opportunity, innovation and youth leadership - EEAS - August 16th, 2026 [August 16th, 2026]
- European Union Indirect Fired Heaters - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - August 16th, 2026 [August 16th, 2026]
- 'Migrant tunnels' used by foreigners to smuggle into European Union exposed as border crisis deepens - GB News - August 11th, 2026 [August 11th, 2026]
- European Union IP Rated Enclosures - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - August 11th, 2026 [August 11th, 2026]
- International Day of the Worlds Indigenous Peoples, 9 August 2026: Statement by the High Representative on behalf of the European Union -... - August 9th, 2026 [August 9th, 2026]
- Gaza: Statement by the High Representative on behalf of the European Union - consilium.europa.eu - August 9th, 2026 [August 9th, 2026]
- On the Anniversary of the 2008 War, the European Union Condemns Russia's Actions in Georgia - sovanews.tv - August 9th, 2026 [August 9th, 2026]
- 'Superauthoritarian Governance': Abolish the European Union, the Sooner the Better - voz.us - August 9th, 2026 [August 9th, 2026]
- Ukraine PM: The European Union has provided an additional 30 million to the Ukraine Energy Support Fund, bringing its total contribution to the Fund... - August 9th, 2026 [August 9th, 2026]
- European Union intensifies its fascist migration policies in wake of Ceuta - World Socialist Web Site - August 9th, 2026 [August 9th, 2026]
- Why heroism alone is not enough for Ukraines accession to the European Union - EUalive - August 9th, 2026 [August 9th, 2026]
- Bialiatski: Joining the European Union is not a question of "I want or I don't want," it's a question of the - - August 9th, 2026 [August 9th, 2026]
- Venezuela: The IRC and the European Union strengthen health and protection response following earthquakes - International Rescue Committee - August 4th, 2026 [August 4th, 2026]
- The Irish Presidency of the Council of the European Union Should Welcome Scrutiny from Academia - Tech Policy Press - August 4th, 2026 [August 4th, 2026]
- Statement by the High Representative on behalf of the European Union on Iran - consilium.europa.eu - August 4th, 2026 [August 4th, 2026]
- The European Union disburses a new tranche of 1.5 billion euros to Egypt - Financial Afrik - August 4th, 2026 [August 4th, 2026]
- European Union to hold emergency talks to address migration crisis in Ceuta - The Indian Awaaz - August 4th, 2026 [August 4th, 2026]
- European Union gives its greenlight to Paramount and Warner's mega merger with some conditions - AP News - July 24th, 2026 [July 24th, 2026]
- The European Union Is Splinteringand Some Say Thats the Only Way to Revive It - WSJ - July 9th, 2026 [July 9th, 2026]
- Competing for inputs: how the European Union can improve critical raw materials supply security - Bruegel - July 9th, 2026 [July 9th, 2026]
- Aidoptation Receives Approval for First Fully Autonomous Driving Tests on Highways in the European Union - Business Wire - July 9th, 2026 [July 9th, 2026]
- 'If Ukraine falls, this will be the end of the European Union and the end of Europe's future' - France 24 - July 6th, 2026 [July 6th, 2026]
- European Union Sensor Protection Tubes - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - July 6th, 2026 [July 6th, 2026]
- European Union Automotive Raindrop Sensor - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - July 6th, 2026 [July 6th, 2026]
- Speech by President Antnio Costa at the opening ceremony of the Irish Presidency of the Council of the European Union - consilium.europa.eu - July 6th, 2026 [July 6th, 2026]
- The future of the European Union's Cohesion Policy in the next Multiannual Financial Framework post-2027 - Committee of the Regions - July 6th, 2026 [July 6th, 2026]
- The thin blue line: the European Union and the future of Lebanons security beyond UNIFIL - PubAffairs Bruxelles - July 6th, 2026 [July 6th, 2026]
- A decade after Brexit, UK voters reflect on decision to break from European Union - PBS - June 24th, 2026 [June 24th, 2026]
- Dispatch from Tivat: What Montenegro still needs to do to join the European Union - Atlantic Council - June 24th, 2026 [June 24th, 2026]
- Representatives Of The Taliban Have Made Their First Official Visit To The European Union - i24NEWS - June 24th, 2026 [June 24th, 2026]
- Strengthening the Strategic Partnership between the European Union and Kazakhstan - consilium.europa.eu - June 24th, 2026 [June 24th, 2026]
- European Union Specialty Blend Surfactants - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - June 24th, 2026 [June 24th, 2026]
- Canada and the European Union Joint Statement on the United Nations Secretary-General, Antnio Guterres' Call to Action on Methane -... - June 24th, 2026 [June 24th, 2026]
- European Union Calcium Grease - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - June 24th, 2026 [June 24th, 2026]
- European Union Inflatable Air Cushion Packs - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - June 24th, 2026 [June 24th, 2026]
- European Union Polyurethane Injection Grouts - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - June 24th, 2026 [June 24th, 2026]
- European Union Calcined Lime - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - June 24th, 2026 [June 24th, 2026]
- European Union Bauxite Feedstock - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - June 24th, 2026 [June 24th, 2026]
- European Union Gearbox Oil Additives - Market Analysis, Forecast, Size, Trends and Insights - IndexBox - June 24th, 2026 [June 24th, 2026]
- Human Rights Watch: European Union Member States Meeting with the Taliban Is Hypocrisy - KabulNow - June 24th, 2026 [June 24th, 2026]
- Arrowhead Pharmaceuticals Receives Marketing Authorization in the European Union for REDEMPLO (plozasiran) to Reduce Triglycerides in Adults with... - June 24th, 2026 [June 24th, 2026]
- Video. Will the UK rejoin the European Union? MEPs debate Brexit on The Ring - Euronews - June 24th, 2026 [June 24th, 2026]
- Tax Alert: Ruling of the General Court of the European Union (the EU General Court) on the VAT treatment of post-sale loan management services -... - June 24th, 2026 [June 24th, 2026]
- Euroviews. Kazakhstan and the European Union: Building the next chapter of a strategic partnership - Euronews - June 22nd, 2026 [June 22nd, 2026]
- European Union Going To Put Tariffs On Plugin Hybrids From China Now? - CleanTechnica - June 22nd, 2026 [June 22nd, 2026]