CRISIS OF CAPITALISM – CATASTROPHE FOR WORKERS

As anticipated, Central Statistical Organisation (CSO) announced on 31st August that the Gross Domestic Product (GDP) in Quarter ending June 2020 shrunk by 23.9% compared to the same period in previous Financial Year. All sectors of the economy except Agriculture show massive decline – construction -50%, Manufacturing -39.3%, Services -20%, Electricity -7%, Trade & Hotels … More CRISIS OF CAPITALISM – CATASTROPHE FOR WORKERS