Lessons from COVID-19. from the Cascade Disaster to the Crisis of Interlegality

Abstract

Covid-19 is a cascading systemic disaster. The impact of the pandemic radiates over vulnerable social segments. Its costs are universal, but excess profits take advantage of some economic sectors. The public need is the response to the emergency, but under the code of global capital, it does not allow it to act fully. The crisis and the obstacles to regulation and democratic tax legality, and the tax itself appear in all their dimensions. The pandemic is unequal and arbitrary.

Keywords: Systemic Risk, Pandemia, Neoliberal Project, Tax Legal Principle, Capital Code, Interlegality

JEL Classification: K34