This Crisis Has Exposed the Absurdities of Neoliberalism. That Doesn’t Mean It’ll Destroy It Jacobin

The coronavirus shock has shaken the world’s stock markets, imposing the need for massive state bailouts. But the measures to deal with the crisis risk spurring an authoritarian controlled capitalism — one that protects corporate interests while offloading the costs onto the rest of us. US president Donald Trump speaks as Vice President Mike Pence looks on during a briefing on the coronavirus pandemic in the press briefing room of the White House on March…

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