62 Search Results for: Coronavirus COVID-19 Capitalism

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When the State Steps in to Save Profit

Faced with another global recession, many governments are responding with even stronger state interventions than they did in the 2008 financial crisis. But stimulus packages to prop up businesses must also pose the question of public control — not just bailing out corporations, but repurposing their operations to confront the disasters ahead of us.

Mike Davis on Coronavirus: “In a Plague Year”

As coronavirus spreads rapidly around the world, outpacing our capacity for testing, let alone treatment, the long-anticipated monster is finally at the door. And with global capitalism so impotent in the face of this biological crisis, our demands must be for properly international public-health infrastructure.