Catastrophe Capitalism: Climate Change, COVID-19, and Economic Crisis

Catastrophe Capitalism: Climate Change, COVID-19, and Economic Crisis

  John Bellamy Foster interviewed by Farooque Chowdhury   [In the backdrop of the ravaging coronavirus pandemic, John Bellamy Foster, editor of Monthly Review, the famous socialist magazine, discusses the pandemic in relation to the present condition of capitalism and economic crisis in the following interview conducted by Farooque Chowdhury in late-March, 2020.]   Farooque…

“The Coronavirus Pandemic is Part of a Multidimensional Crisis of Capitalism”

“The Coronavirus Pandemic is Part of a Multidimensional Crisis of Capitalism”

You wrote in a recent article: “The coronavirus was the spark or trigger of the stockmarket crisis, not its cause.” Can you be more specific? While governments and mainstream media keep claiming that the stockmarket crisis is a consequence of the coronavirus pandemic, I pointed out that all the ingredients for another financial crisis had…