We need a radically different model to tackle the COVID-19 crisis | LBJ School of Public Affairs | The University of Texas at Austin
Commentary

We need a radically different model to tackle the COVID-19 crisis

Defend Democracy Press (Delphi Initiative)

"Disaster capitalism is being tried, and the worst case is now the likely case," writes LBJ's James Galbraith. "But there is a scale beyond which disaster capitalism cannot go. At a certain point, the carnage becomes too great to neglect, impossible to avoid and lethal to overlook. At a certain point, ordinary people will stand up and refuse to be bullied any more. That point has not quite arrived; we are still in the mind-set of "getting back to normal," even as the pandemic continues."

Research Topic: 
Economic Policy