Post-Covid capitalism: time to start questioning old assumptions

Free-market ideology must be tempered if we are to create equality, but we must be wary of lapsing back into protectionism, says Klaus Schwab

Klaus Schwab: Free-market fundamentalism has eroded worker rights and economic security, triggered a deregulatory race to the bottom and ruinous tax competition, and enabled the emergence of massive, new global monopolies.

NO event since the end of the Second World War has had as profound a global impact as Covid-19. 

The pandemic has triggered public health and economic crises on a scale unseen in generations and has exacerbated systemic problems, such as inequality and great power posturing.