"...nobody should be bailed out. No company should be bailed out. No individuals should be bailed out. Everybody needs to deal with the consequences of their own actions."
...a global recession caused by Covid-19 could push an extra half a billion people into poverty - 8 percent of the world's population - unless urgent action is taken...
"For the past four decades, Americans have accepted that they’re mere spectators to the world around them. They’ve relinquished all agency and power that can have real impact... I expect this to change."
We were heading that direction anyway; the coronavirus sped up the process. And where it will lead isn’t clear yet. But it won’t be anything you can plausibly call 'capitalism'...
