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In The Corona Crash, leading economics commentator Grace Blakeley theorises about the epoch-making changes that the coronavirus brings in its wake.
We are living through a unique moment in history. The pandemic has caused the deepest global recession since the Second World War. Meanwhile the human cost is reflected in a still-rising death toll, as many states find themselves unable—and some unwilling—to grapple with the effects of the virus. Whatever happens, we can never go back to business as usual.
This crisis will tip us into a new era of monopoly capitalism, argues Blakeley, as the corporate economy collapses into the arms of the state, and the tech giants grow to unprecedented proportions.
We need a radical response. The recovery could see the transformation of our political, economic, and social systems based on the principles of the Green New Deal. If not, the alternatives, as Blakeley warns, may be even worse than we feared.
“One of the most inspiring, thought-provoking and insightful voices on the left.”
“Grace Blakeley asserts the need for Covid-19 to be a global wake-up call.”
“As Grace Blakeley notes in her excellent new book, The Corona Crash, not all increases in the size of government are created equal.”
“[The Corona Crash] makes clear that we simply cannot go back to the way things were.”