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Billionaires and the Pandemic*
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Oct 26th 2020, Prabhat Patnaik
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The
pandemic, just as any other crisis, has become a mechanism
for the centralisation of capital arising from the inability
of small wealth-holders to face stock-price collapses
that the billionaires can face and the pooling together
of vast masses of small capitals into a few large ones.
*
This article was originally published in People's
Democracy on October
25, 2020.
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