Abstract
Existential threats, such as the COVID-19 pandemic, have historically
engendered intellectual paradigm shifts, and even systemic transformations in the
economy and polity. This paper focuses on two inter-related phenomena: rising
economic inequality and the diminution of liberal democracy, a feature common to
both developed and developing countries set in the context of a ubiquitous and
globalized capitalism. In the post-pandemic world, we need to harness the positive
dimensions of the powerful capitalist system to lower inequality and build a newer
world akin to an earlier golden age of capitalism.
engendered intellectual paradigm shifts, and even systemic transformations in the
economy and polity. This paper focuses on two inter-related phenomena: rising
economic inequality and the diminution of liberal democracy, a feature common to
both developed and developing countries set in the context of a ubiquitous and
globalized capitalism. In the post-pandemic world, we need to harness the positive
dimensions of the powerful capitalist system to lower inequality and build a newer
world akin to an earlier golden age of capitalism.
| Original language | English |
|---|---|
| Article number | 20200026 |
| Pages (from-to) | (In-press) |
| Journal | Peace Economics, Peace Science and Public Policy |
| Volume | 26 |
| Issue number | 3 |
| Early online date | 10 Jul 2020 |
| DOIs | |
| Publication status | Published - 1 Sep 2020 |
Bibliographical note
Free access via journal websiteKeywords
- capitalism
- globalization
- inequality
- pandemics
ASJC Scopus subject areas
- Sociology and Political Science
- Economics and Econometrics
- Political Science and International Relations
- Management, Monitoring, Policy and Law