Author(s)

Maria Rita Pierleoni

Department of Economic Planning, Presidency of Council of Ministers, Rome, Italy.

The Coronavirus pandemic has clearly brought to light the profound weakness of modern societies that concerns a disappointing form of capitalism based on erroneous principles and priorities. In this short paper is discussed about both this weakness and the needed change that should put at first place: 1) the pursuit of ethical and moral principles and then those strictly economic and 2) to rethink with greater emphasis at the central role played by the State and International Organizations in the supply of public goods, including global ones. We are faced with a global crisis that must be addressed with global governance, especially in order to guarantee the supply of certain public goods, such as the health care and the safeguard of the environment which are strictly connected with each other. The Agenda 2030 and COP21 define the road map to follow.

Coronavirus Pandemic, Capitalism, Sustainability, Global Public Goods

Pierleoni, M. (2020) Capitalism after the Coronavirus: Public Goods, Sustainability and the Role of the State. Theoretical Economics Letters, 10, 868-874. doi: 10.4236/tel.2020.104051.