COVID-19 and the Future of Capitalism

Postcapitalist Horizons Beyond Neo-Liberalism

By Efe Can Gürcan, Ömer Ersin Kahraman and Selen Yanmaz  

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COVID-19 may be an historical turning point for global capitalism. It has revealed the crisis of neoliberal globalization; however, this does not automatically lead to the ultimate defeat of capitalism or its neoliberal incarnation. The authors in this collection posit that a new framework cannot be built on the values and beliefs of current-day consumer capitalist society; resistance in the pandemic age should be based on the values and beliefs that could be the foundation of a new, postcapitalist society. This book formulates a tentative revolutionary program that could take advantage of the COVID-19 environment to defeat and transcend capitalism.

“Whenever a system is pushed towards and beyond the limits of its normal functioning, as is the case of capitalism today under these conditions, it generates forces that can be mobilized either towards the right or the left. The value and importance of this book is that it provides a clear and succinct analysis of these forces. I am not aware of any other book that analyses the dynamics of capitalist development as well in this conjuncture.”

— Henry Veltmeyer Professor Universidad Autónoma de Zacatecas, Mexico. Professor emeritus, Saint Mary’s University, Canada

“This book is a major contribution to the study of capitalism in the time of the virus. All the new and the old contradictions meld into a major breakdown of the system. I strongly recommend this book.”

— James Petras, Adjunct Professor at Saint Mary’s University, and retired Bartle Professor of Sociology at Binghamton University in Binghamton, New York

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  • COVID-19 in Historical Perspective
  • The Rise of Digital Capitalism: Challenges before and After COVID-19
  • Revisiting the Precariat in a Post-COVID-19 Context
  • Surveillance Capitalism and Social Protest Under Right-Wing Populism
  • Disaster Capitalism and Imperialist Aggression: The Case of US Sinophobia
  • Neoliberalism and Beyond: Is a Reformed Capitalism Possible?
  • Postcapitalist Horizons for the Post-COVID-19 World
  • Conclusion


  • Efe Can Gürcan

    Efe Can Gürcan is the Associate Dean of Research and Development for the Faculty of Economics, Administrative and Social Sciences at Istinye University in Istanbul, Turkey.

  • Ömer Ersin Kahraman

    Ömer Ersin Kahraman is an Assistant Professor of Sociology at Istinye University in Istanbul, Turkey.

  • Selen Yanmaz

    Selen Yanmaz is the Associate Dean of the Faculty of Arts and Sciences and Chair of the Department of Sociology Istinye University in Istanbul, Turkey.

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