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World Bank

COVID-19 and Imperialism: the coming disaster and revolt

As the coronavirus spreads across the globe, the impact is winding its way through the hierarchical channels of the global capitalist system. As the richer nations approach the apex of the first wave of the infection, the pandemic is just hitting the poorer nations. The combined catastrophe of mass-infection and economic collapse is going to be more destructive and the effects longer-lasting in societies historically under-developed by imperialism. This refers to the internationalization of the capitalist system by the dominant economic powers, who then divide (and re-divide) and economically exploit other nations through the institutions of neoliberal capitalism.

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