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The Corona Crash

Download or Read eBook The Corona Crash PDF written by Grace Blakeley and published by Verso Books. This book was released on 2020-10-27 with total page 113 pages. Available in PDF, EPUB and Kindle.
The Corona Crash
Author :
Publisher : Verso Books
Total Pages : 113
Release :
ISBN-10 : 9781839762055
ISBN-13 : 1839762055
Rating : 4/5 (55 Downloads)

Book Synopsis The Corona Crash by : Grace Blakeley

Book excerpt: Free market, competitive capitalism is dead. The separation between politics and economics can no longer be sustained. 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.


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