When the State Steps in to Save Profit By Ingar Solty (23 March 2020) Faced with another global recession, many governments are responding with even stronger state interventions than they did in the 2008 financial crisis. But stimulus packages to prop up businesses must also pose the question of public control — not just bailing out corporations, but repurposing their operations to confront the disasters ahead of us.
The Volkswagen factory stands on the first day following a temporary halt to car production there on March 20, 2020 in Wolfsburg, Germany. Stuart Franklin / Getty