Opinion: The Covid-19 crisis is a chance to do capitalism differently

Government has the upper hand for the first time in a generation. It must seize the moment, writes Professor Mariana Mazzucato (UCL Institute for Innovation & Public Purpose). he world is in a critical state. The Covid-19 pandemic is rapidly spreading across countries, with a scale and severity not seen since the  devastating Spanish flu in 1918 . Unless coordinated global action is taken to contain it, the contagion will soon become an  economic and financial one  too. The magnitude of the crisis requires governments to step in. And they are.