The Imperative Transformation beyond the Capitalism Pandemic

Abstract

This article starts with a brief exploration of the multiple crises currently facing global capitalism, encompassing over-accumulation crisis, an exacerbated environmental and ecological crisis, the evolving epidemiological crisis associated with the COVID-19 pandemic, and a dramatic cultural and ideological crisis. This manifold crisis is considered as a specific “capitalism pandemic.” The most important implications of this generalized crisis are subsequently analyzed, focusing in particular on globalization and its ecological implications associated more specifically with the COVID-19 pandemic. This general crisis raises the need of an imperative transformation beyond capitalism and towards socialism/communism. Finally, we briefly outline the main characteristics of communism as a specific form of social organization, and analyze the main aspects of a prolonged transformation period between capitalism and communism.