In ‘The Corona Crash: how the pandemic will change capitalism’, British economist and journalist, Grace Blakeley, argues that COVID-19 has heralded a new age of “state monopoly capitalism”. But while massive state intervention in the economy is completely justified, instead of propping up the owners of the old polluting economy, our money should be directed into a huge programme of investment in a green and just recovery. Along the way, in a highly readable and concise pamphlet, Blakeley dissects the reality of globalisation, the legacy of financialisation, and the arguments for a Green New Deal. Indeed, her writing is so quotable that what follows is more of a ‘Corona Crash’ pass notes than a review..
‘Humankind: A Hopeful History’, by the Dutch historian, Rutger Bregman, has given me philosophical reason for optimism in a bleak year, alongside reinforcing my view that neo-liberalism is the biggest threat to human prosperity, while challenging other deeply ingrained perspectives. In a highly compelling, research-based narrative, he demonstrates that the underpinning dogma of neo-liberalism is false: human beings are not “naturally” selfish and competitive. In fact, if you look at the historical evidence, the basis of our success has been collaboration.