In my latest piece for Labor Notes, I argue that the pandemic didn’t cause the economy to crash: it was only a trigger. You could say that the real economy was already immune-compromised and had little ability to withstand disruption.
The pandemic is exposing just how dysfunctional our economic system was to begin with. Capitalism is ideologically based on the principles of individualism and competition, but it becomes completely clear in a pandemic that what’s needed is solidarity: collective solutions that help everyone.
Stephanie Luce 