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Follies of State and Capitalism During the Covid-19 Crisis

In: Political Economy of Development and Business

Author

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  • Bhabani Shankar Nayak

    (University for the Creative Arts)

Abstract

This chapter outlines different forms of crises due to the outbreak of COVID-19 and failures of the Westphalian capitalist state-led international system to deal with global health crises. It engages with failures of capitalist states in dealing with the Coronavirus pandemic and questions the relevance of ‘developmental state’ and ‘failed state’ thesis. The chapter is a critique of rise of surveillance state and capitalism in the name of containing the pandemic. It offers global perspectives on workers-led cooperative globalisation as an alternative focusing on human health, happiness, peace, prosperity, environment and development.

Suggested Citation

  • Bhabani Shankar Nayak, 2022. "Follies of State and Capitalism During the Covid-19 Crisis," Springer Books, in: Political Economy of Development and Business, chapter 0, pages 189-204, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-11093-1_14
    DOI: 10.1007/978-3-031-11093-1_14
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