Coronavirus as a Symptom of Systemic Stagnation

Coronavirus is a test to see if the global community is ready for the next technological transition Capitalism has always demonstrated an ability to modernize its technological base at the right time. This has been the key to its development. Any heel-dragging has typically been due to a reluctance on the part of the elites to leave the established economic order behind. Still, overcoming the resistance to the inevitable restructuring of production relations invariably came with huge casualties...