The Corona Crash

Product Description

In The Corona Crash, leading economic commentator Grace Blakeley anatomises the long term causes for the financial fragility and offers a series of radical means to not only restore but revolutionise the world's economy. We have never experienced such an economic moment such as this one. The coronavirus pandemic heralded one of the most catastrophic financial crashes in history. In March, stock markets collapsed. In April unemployment figures skyrocketed and the price of oil went negative. Meanwhile the human cost is recorded in an ever spiraling death toll as the world, it seems, is in lock down. Whatever happens, we can never go back to business as normal. This moment demands a radical programme similar to the Green New Deal that demands social justice, equality and an economy with the future of the planet at the fore. If not, the alternatives, as Blakeley warns, may be even worse than we feared.In The Corona Crash, leading economic commentator Grace Blakeley anatomises the long term causes for the financial fragility and offers a series of radical means to not only restore but revolutionise the world's economy. We have never experienced such an economic moment such as this one. The coronavirus pandemic heralded one of the most catastrophic financial crashes in history. In March, stock markets collapsed. In April unemployment figures skyrocketed and the price of oil went negative. Meanwhile the human cost is recorded in an ever spiraling death toll as the world, it seems, is in lock down. Whatever happens, we can never go back to business as normal. This moment demands a radical programme similar to the Green New Deal that demands social justice, equality and an economy with the future of the planet at the fore. If not, the alternatives, as Blakeley warns, may be even worse than we feared.
Grace Blakeley is a journalist, author, and Labour Party activist. She is a staff writer for Tribune and was previously the economics commentator of the New Statesman. She also contributes to Novara Media and has regulatly appeared on TV. She is the author of Stolen (2019).