The Corona Crash: How the Pandemic Will Change Capitalism

(Paperback)

Publishing Details

Classifications

Physical Properties

Description

In The Corona Crash, leading economic commentator Grace Blakeley anatomises the long term causes for the financial fragility and offers a series of radical means to not only restore but revolutionise the world's economy. We have never experienced such an economic moment such as this one. The coronavirus pandemic heralded one of the most catastrophic financial crashes in history. In March, stock markets collapsed. In April unemployment figures skyrocketed and the price of oil went negative. Meanwhile the human cost is recorded in an ever spiraling death toll as the world, it seems, is in lock down. Whatever happens, we can never go back to business as normal. This moment demands a radical programme similar to the Green New Deal that demands social justice, equality and an economy with the future of the planet at the fore. If not, the alternatives, as Blakeley warns, may be even worse than we feared.

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. -- Owen Jones * [For Stolen] *
The best thing I've read about how we got into this mess, and how we get out. -- Frankie Boyle * [For Stolen] *
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 -- Bhaskar Sunkara * Jacobin [for Stolen] *
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. -- Sarah Jaffe, author of Necessary Trouble * [For Stolen] *
One of the most inspiring, thought-provoking and insightful voices on the left -- Owen Jones, author of Chavs
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. -- Anna Cafolla * 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. -- Zachary Karabell * New York Times Book Review *
An excellent exposition of pre-Covid trends towards parasitic dependence of corporate and financial capital on state monetary policy. -- Bryn Jones * 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 *

Author Bio

Grace Blakeley is a journalist, author, and Labour Party activist. She is a staff writer for Tribune and was previously the economics commentator of the New Statesman. She also contributes to Novara Media and has regulatly appeared on TV. She is the author of Stolen (2019).