Covid capitalism is flirting with socialism
- Globally, right-wing govts are bringing back parts of the welfare state. But it won’t be a lasting legacy of the crisis
- Poor countries subsist hand-to-mouth from budget to budget, but it is hard to see even rich countries returning to large, permanent welfare programmes
NEW DELHI : The global covid-19 crisis is a result of colossal state failures across countries—China, Italy, US, India and elsewhere. Would the world have to choose between lives and livelihoods if China had released information on the outbreak in time?
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