Truest statement of the week

The current ongoing capitalist crisis has created the most serious crisis of legitimacy since the collapse of the capitalist economy during the years referred to as the Great Depression. The economic collapse comes on the heels of a deep crisis of the economy that occurred in 2007, 2008. With economic instability and the increasing competition between capitalist states, divisions have emerged among the nations that those of us in the Black Alliance for Peace refer to as the US/EU/NATO axis of domination.
The US has responded by moving toward a more confrontational posture, not only with its allies in Europe, but it has also elevated China and Russia as national security risks. Domestically, the black working class has never recovered from the collapse of 2007, 2008. The continual restructuring of the US economy to a low wage economy has resulted in the black working class being relegated to the lower rungs of the labor force, joining undocumented migrants, immigrants and other colonized workers. 
We are now seeing, within the economy, the genocidal implications of economic conditions in which young black workers have more value as human generators of profit locked up in prisons than as participants in the economy as low wage workers.
This reality is one of the factors driving the obscene phenomenon of black and brown incarceration in the largest prison system on the planet. Astronomical youth employment. Millions of African-Americans and white people without health care. Poisoned environments and crumbling schools make for conditions that, with Covid-19, are ravaging the black communities. This is the reality of the colonial, capitalist system in its neoliberal stage. The Corona pandemic has pulled the ideological curtain away from the system and has exposed the brutal realities of a rapacious system of greed, human exploitation and degradation, social insecurity, corruption, and the normalization of coercive state violence.

-- Ajamu Baraka, "Ajamju Baraka on Race, Class and Protest in the United States" (BLACK AGENDA REPORT).