Since the Coronavirus lockdown became a daily feature of our lives, a number of commentators have speculated about the future of economic liberalism. Many on the left and some Muslims have concluded this period will presage the end to capitalism and the dawn of a new economic order.

Such claims may fail to live up to proper scrutiny, instead we may be witnessing the acceleration of America’s position as the global hegemon and with it, the fragmentation of the American led liberal world order.

My guest this week, Riaz Hasan, is a writer and community organiser, I discuss the political and economic ramifications of this crisis. We look at the economic impact of the crisis, the decline of the liberal democratic world, the move to embrace the Chinese model of capitalism and whether a realistic and well-thought through Islamic model currently exists to meet the challenges of the 21st century.

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