The book The Corona Crash: How the Pandemic Will Change Capitalism by Grace Blakeley analyzes the profound economic upheaval caused by the COVID-19 pandemic. Blakeley argues that the crisis has ended free market, competitive capitalism, pushing the global economy into a new era of state monopoly capitalism where corporate economies increasingly merge with state power. She describes how the pandemic triggered the deepest global recession since World War II, exacerbating economic inequality and forcing governments into unprecedented interventions. The book explores the failures of financial capitalism exposed by the crisis and advocates for socialist and environmentally conscious policies based on social justice and solidarity as a necessary way forward.
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