To save capitalism from the COVID-19 crisis, we need to act more like socialists

“I absolutely think a shared-sacrifice, community-minded approach to weathering this storm is essential,” [Seyedian] told me later.

Seyedian described the decision as the beginning of a virtuous cycle, in which customers who know about the efforts to help their staff are more willing to pitch in, donating thousands of dollars to their GoFundMe to help out staff, buying gift certificates, and agreeing to continue to pay monthly bills even without receiving services. For Seyedian, the key thing is “that this virtuous cycle can’t just be something conducted through voluntary mutual aid. We should encourage that and we of course all love that. But it needs to be grounded in policy” because “so many links in the chain are in the government’s hands.”

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