Black Agenda Radio with Margaret Kimberley and Glen Ford

27 July 2020 — Black Agenda Report

Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?

The Covid-19-sparkd global economic depression is “a singular event in the history of world capitalism,” said Duboisian scholar Anthony Monteiro. “It might be the crisis that so disabled the world capitalist system that it will never be the same.” What’s different from previous crises is, this time, “there is no capitalist nation that can save capitalism the way the US did after World War Two,” said Monteiro. “This is like a crisis unto death.”

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Late Stage Capitalism

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