COVID-19: Capitalist and postcapitalist perspectives

Abstract

The Covid-19 pandemic has exposed weaknesses of capitalism as an economy and polity, and revealed the latent potential of postcapitalism. A novel coronavirus is more likely to arise given massive industrial agriculture; the state of health care sectors is a result of neoliberal policies; the pandemic’s impacts were characterised by capitalist inequities; economic repercussions expose a crisis-prone system. Conversely, responses included pandemic solidarity and sharply increasing mutual aid groups. Postcapitalist currents have been arguing for localisation of economies and autonomous governance for decades; the Covid-19 pandemic reveals the rationale for these calls and the urgency to apply such approaches.