Coronavirus and the end of the neoliberal era: answering the four crises
Economic stalemate, the wealth gap, climate change and the possibility of further pandemics mean things will not return ‘to normal’ for capitalism, argues MARC VANDEPITTE in the second and final part of his series
FOR 40 years they hurled their neoliberal dogmas at us. The 2008 financial crisis seriously shook the belief in those beliefs, but eventually the system survived. This time things are different. The corona crisis and the socio-economic measures for saving the system have killed the neoliberal dogmas one by one.
It’s time for something new — and the challenges we face today are huge. The new paradigm must be suitable for respond to at least four crises.
Economic deadlock
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