“We will do whatever it takes,” says the Chancellor. Unfortunately, Rishi Sunak does not have what it's going to take – or at least, not yet. Because the Covid-19 crisis is going to collapse growth – both here and across the globe – in an entirely different way from anything we’ve experienced. And what Sunak is going to need is an anti-capitalist imagination. In response to this crisis the government has to do nothing less than take command of the economy. But it doesn’t know how to. It's not just a question of lacking education and experience in crisis management;...
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