Polycrisis or Crises of Capitalist Social Reproduction

Kanishka Jayasuriya argues that polycrisis is a helpful descriptive term for the novel, intersecting crises of the 21st century, but it should be understood as a political crisis arising from the contradiction between capital accumulation and the social reproduction (the conditions of life) on which capitalism depends. Established political frameworks are unable to manage the contradiction, giving rise to authoritarian statist regimes (that feature executive intervention, illiberal policies, and increasing use of police powers) and new forms of resistance, as recently witnessed in Sri Lanka, Pakistan, and Lebanon.