The Corona Crash: How the Pandemic Will Change Capitalism

To assume that after a period of largesse – a spending spree, a heavy drinking session – comes a period of atonement – a payback, a hangover – is embedded deep within our commonsense understanding of the world.

The economy is too complex a system to be subject to successful central planning.

It is often said that, in the midst of a crisis, everyone is a socialist.

From the structural adjustment programmes of the 1980s to modern-day Greece, the long arm of the imperial creditor has been used many times to subject peripheral states to the discipline of capital. The coronavirus pandemic will only deepen these relationships of imperial extraction.

why shouldn’t it provide free higher education, housing and healthcare when the crisis ends?

In Germany, after entering into talks with struggling national carrier Lufthansa, the Merkel government stated its willingness to nationalise both Lufthansa and Condor.

why should young people support capitalism when they could never expect to own any capital?