How Badly Will Capitalist Economies Be Hit By the Coronavirus?
Flashpoints /
16 Mar 2020
/

How badly will the capitalist economies be hit by the coronavirus? This article predicts major supply chain disruptions which will lead to a collapse in consumer demand. In addition, the expanding “non-performing” loans of capitalism are also a ticking bomb. After dismissing both the Republican and Democratic proposals for what to do, Jack Rasmus lays out his own program for what should be done.
Read Jack Rasmus