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Far from an era of sustained economic upswing, social peace and a Tory ascendency opening up for post-Covid Britain, the prospects ahead are for heightened class conflict and turbulent political times, argues HANNAH SELL.
The last fifteen months have been unprecedented in the history of capitalism. In Britain a total failure to deal effectively with Covid in its early stages left the government struggling to cope with a developing health catastrophe, via belated and inadequate lockdowns, leading to the deepest economic recession in 300 years. As in other major economies, only levels of state aid unprecedented outside of wartime prevented worse disaster.
The population has been through a deeply traumatic experience. Almost 130,000 have died of Covid, with many more suffering long term health problems. Over six million were claiming Universal Credit in May 2021. Eleven and a half million have been furloughed at some point, usually resulting in a 20% pay cut. Despite a formal ban on evictions, 130,000 families have lost their homes so far.
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