The Corona Crash: How the Pandemic Will Change Capitalism

Grace Blakeley

The Corona Crash: How the Pandemic Will Change Capitalism
Format
Paperback
Publisher
Verso Books
Country
United Kingdom
Published
27 October 2020
Pages
112
ISBN
9781839762055

The Corona Crash: How the Pandemic Will Change Capitalism

Grace Blakeley

In The Corona Crash, leading economic commentator Grace Blakeley anatomises the long term causes for the financial fragility and offers a series of radical means to not only restore but revolutionise the world’s economy. We have never experienced such an economic moment such as this one. The coronavirus pandemic heralded one of the most catastrophic financial crashes in history. In March, stock markets collapsed. In April unemployment figures skyrocketed and the price of oil went negative. Meanwhile the human cost is recorded in an ever spiraling death toll as the world, it seems, is in lock down. Whatever happens, we can never go back to business as normal. This moment demands a radical programme similar to the Green New Deal that demands social justice, equality and an economy with the future of the planet at the fore. If not, the alternatives, as Blakeley warns, may be even worse than we feared.

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