COVID-19 and Catastrophe Capitalism

Commodity Chains and Ecological-Epidemiological-Economic Crises

  • John Bellamy Foster
  • Intan Suwandi
Keywords: Health, Capitalism, Economic Crisis, Political Economy, Inequality

Abstract

Since the late twentieth century, capitalist globalization has increasingly adopted the form of interlinked commodity chains controlled by multinational corporations, connecting various production zones, primarily in the Global South, with the apex of world consumption, finance, and accumulation primarily in the Global North. COVID-19 has accentuated as never before the interlinked ecological, epidemiological, and economic vulnerabilities imposed by capitalism.

Published
2020-06-01
Section
Review of the Month

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