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The Corona Crash:How the Pandemic Will Change Capitalism
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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.
Reviews
One of the most inspiring, thought provoking and insightful voices on the left offers a route map out of this crisis and this is a must read anyone who wants to change the world.
The best thing I've read about how we got into this mess, and how we get out.
A clear, accessible and informative guide to left economics, showing how we got to this era of capitalist crisis, environmental catastrophe and insurgent socialist revival. Grace Blakeley offers radical solutions to an exploitative and unfair system
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Grace Blakeley is one of the sharpest of a new generation of economic and political thinkers, with a gift for clearly and eloquently explaining how we got to the crisis point we're in, and why only radical transformation will get us out. A must-read for today s activists on both sides of the Atlantic.
, [For Stolen] -
One of the most inspiring, thought-provoking and insightful voices on the left
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Grace Blakeley asserts the need for Covid-19 to be a global wake-up call.
Guardian, Biggest Books of Autumn 2020 -
As Grace Blakeley notes in her excellent new book, The Corona Crash, not all increases in the size of government are created equal.
Washington Post -
[The Corona Crash] makes clear that we simply cannot go back to the way things were.
Huck -
Blakeley asks the question: if we are already living in a planned economy, shouldn’t those making the decisions be subject to scrutiny? Shouldn’t the plans that determine how we live our lives be decided democratically?
Labour Hub -
An urgent read ... inspiring and thought-provoking, offering expansive resolutions in line with the Green New Deal that could transform our political, economic, and social systems.
, Dazed -
The only solution, [Blakeley] believes, is an enormous global Green New Deal. It would be hard to find a purer iteration of the socialist critique of modern capitalism in a pandemic age.
, New York Times Book Review -
An excellent exposition of pre-Covid trends towards parasitic dependence of corporate and financial capital on state monetary policy.
, Chartist -
Illuminating ... Blakeley connects the dots and draws out the economic and political processes that have led from the postwar boom ... to the current ‘corona crash’.
Socialist Appeal