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The Audio Long Read

Has Covid ended the neoliberal era?

The Audio Long Read

The Guardian

Society & Culture

4.32.4K Ratings

🗓️ 19 November 2021

⏱️ 36 minutes

🧾️ Download transcript

Summary

The year 2020 exposed the risks and weaknesses of the market-driven global system like never before. It’s hard to avoid the sense that a turning point has been reached. By Adam Tooze. Help support our independent journalism at theguardian.com/longreadpod

Transcript

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0:00.0

This is the Guardian.

0:09.2

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0:33.1

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0:35.3

Visit sandals.co.uk

0:44.3

Welcome to the Guardian Long Read, showcasing the best long-form journalism covering culture,

0:49.2

politics and new thinking. For the text version of this and all our long reads,

0:53.1

go to theguardian.com forward slash long read.

1:23.6

The United States precisely a year later, the world was shaken by a disease that in the space

1:28.2

of 12 months killed more than 2.2 million people and rendered tens of millions severely ill.

1:34.9

Today the official death toll stands at 4.51 million.

1:40.1

The likely figure for excess deaths is more than twice that number.

1:44.5

The virus disrupted the daily routine of virtually everyone on the planet,

1:48.4

stopped much of public life, closed schools, separated families, interrupted travel and

1:54.3

appended the world economy. To contain the fallout, government support for households,

2:00.2

businesses and markets took on dimensions not seen outside wartime.

2:04.7

It was not just by far the sharpest economic recession experience since the Second World War,

2:09.6

it was qualitatively unique. Never before had there been a collective decision,

2:14.4

however haphazard and uneven, to shut large parts of the world's economy down.

...

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