The Corona Crash

How the Pandemic Will Change Capitalism

Ebook
On sale Oct 27, 2020 | 400 Pages | 9781839762079

See Additional Formats
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.

Grace Blakeley is a staff writer at Tribune magazine, host of the A World to Win podcast and author of Stolen: How to Save the World from Financialisation. She previously worked as a research fellow for the Institute for Public Policy Research and as the New Statesman’s economic commentator. She appears regularly in the media as a political and economic commentator, including appearances on Question Time, BBC This Week, and BBC Breakfast.

View titles by Grace Blakeley

About

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.

Author

Grace Blakeley is a staff writer at Tribune magazine, host of the A World to Win podcast and author of Stolen: How to Save the World from Financialisation. She previously worked as a research fellow for the Institute for Public Policy Research and as the New Statesman’s economic commentator. She appears regularly in the media as a political and economic commentator, including appearances on Question Time, BBC This Week, and BBC Breakfast.

View titles by Grace Blakeley

Books for National Depression Education and Awareness Month

For National Depression Education and Awareness Month in October, we are sharing a collection of titles that educates and informs on depression, including personal stories from those who have experienced depression and topics that range from causes and symptoms of depression to how to develop coping mechanisms to battle depression.

Read more

Horror Titles for the Halloween Season

In celebration of the Halloween season, we are sharing horror books that are aligned with the themes of the holiday: the sometimes unknown and scary creatures and witches. From classic ghost stories and popular novels that are celebrated today, in literature courses and beyond, to contemporary stories about the monsters that hide in the dark, our list

Read more

Books for LGBTQIA+ History Month

For LGBTQIA+ History Month in October, we’re celebrating the shared history of individuals within the community and the importance of the activists who have fought for their rights and the rights of others. We acknowledge the varying and diverse experiences within the LGBTQIA+ community that have shaped history and have led the way for those

Read more