A world without capitalism?

Meanwhile, unemployment rose dramatically following the outset of the pandemic, with more and more people becoming destitute around the world and many cities experiencing an increase in their homeless populations. For the billionaires who have become even richer and have recently treated themselves to traveling to the new exotic land of outer space, it is clearly ‘the best of times’, to borrow the phrase in Charles Dickens’ novel, A Tale of Two Cities. In addition, the pharmaceutical industry has reaped enormous profits from their Covid-19 vaccines while people across the world, particularly in so-called underdeveloped countries, have struggled to get vaccinated.