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9 September 2021updated 07 Jun 2023 11:16am

Adam Tooze: “We need to focus on the total apocalypse of climate breakdown”

The author of Crashed and Shutdown on whether the age of neoliberalism is over.

By George Eaton and Phil Clarke Hill

The Covid-19 economic crisis was a recession like no other. Never before in the history of modern capitalism had close to 95 per cent of the world’s economies suffered a simultaneous contraction in per capita GDP.

But what will be the lasting impact of the crash? There are few people better placed to answer this question than Adam Tooze, the economic historian, New Statesman contributing writer and author of the newly-published Shutdown: How Covid Shook the World’s Economy.

In this video interview, we discuss why Covid-19 was a “warning from the future”, the new threats to the global economy and why “the left should be cautious about celebrating this crisis of neoliberalism”.

Watch more video from the New Statesman on www.newstatesman.com/video, or subscribe to our YouTube channel.

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Select and enter your email address The New Statesman's quick and essential guide to the news and politics of the day. The best way to sign up for Morning Call is via morningcall.substack.com Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com Our Thursday ideas newsletter, delving into philosophy, criticism, and intellectual history. The best way to sign up for The Salvo is via thesalvo.substack.com Stay up to date with NS events, subscription offers & updates. Weekly analysis of the shift to a new economy from the New Statesman's Spotlight on Policy team. The best way to sign up for The Green Transition is via spotlightonpolicy.substack.com
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