For Humans, Coronavirus by itself might not be as bad as other diseases like the black plague, but for the global capitalist system it might just end up being terminal.
It started by slowing down the productive capacity of the largest owner of means of production, China. It then progressed to disrupting the routine functions of wage-slavery in densely populated city centers. Soon it’s going to cause immense pain due as the landlords demand their parasitic rewards from people who have not earned any money for a month and have no safety net to fall back onto.
All these effects, are like vital organs in a human patient starting to fail. This, along with some other unexpected “inflammations” (such as the Oil trade war), and the people observing and taking bets on the patient’s recovery start to panic.
Which has now caused an unprecedented stock market crash. Faster than even the Great Depression crash of 1929 where we replicated the same percentile loss in less time. And it’s nowhere near the bottom yet, as the Coronavirus has not even fully taken hold of the US yet.
The cancer of the propaganda channel of Fox News and pretty much the rest of the Murdoch empire has weakened our global immune system enough in the past 3 decades that it managed to create the orange malignant tumor known as Trump, who proceeded to accelerate the dismantling of capitalism’s immune system even further. And now, the first real shock has already sent the global system into cascading failure.
The few million deaths due to healthcare systems becoming overwhelmed during Coronavirus are going not going to be nearly as disruptive as the repercussions of a stalled capitalist system supported by central banks which have no more measures to jump start it anymore and bad acting world leaders.
The situation forming right now will probably end up being the biggest Capitalist crisis the world has ever experienced.