Beginning to reimagine capitalism after the pandemic (2)
the private capital of the giant capitalist corporations that only the wealth, only the “capital” of the governments of the world can come to the rescue, not only of poor and working people but of the capitalists themselves. I wish to use this observation as the jumping off pad for this week’s concluding piece.
As strange as it may seem, there are many in the governments, big businesses and ruling classes of the world whose answer to this question is yes, capitalism should remain the frame of reference for the global economy, the glue that holds all the national and regional economies of the world together.
Please, let us pay close attention to what is happening here, not at the policy level, but at the structural level. For it is not because of a sudden, unprecedented policy change that all who are treated for infection by the virus are treated free of charge in most, if not all the countries of the world.
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