Covid has created a capitalist nightmare + Brexit a year on

Big Tech and Big Pharma are more powerful than ever

Dear all,

Toby Green and I have a new article out on the way in which the pandemic (or better, the governments’ response to the latter) has fundamentally altered the landscape of Western capitalism, dramatically accelerating pre-existing trends and heralding the rise of an even more concentrated, oligarchic and authoritarian capitalist mode of power – what we might call hyper-neoliberalism or neo-feudalism. In particular, we are witnessing the rise of a new ultra-powerful complex — the techno-media-pharma (TMP) complex — capable of shaping every aspect of our lives. An unprecedented collective effort will be needed to fight for a different future.

I also wrote an article on the Brexit economic apocalypse that simply was not: we were told Brexit was cause massive damage to the British economy; it turns out it’s doing pretty well, at least compared to many of its European counterparts.

Best regards,

Thomas Fazi

Website: thomasfazi.net
Twitter: @battleforeurope
Facebook: https://www.facebook.com/thomasfazi
Latest book: Reclaiming the State: A Progressive Vision of Sovereignty for a Post-Neoliberal World (co-authored with Bill Mitchell)