Several overlapping crises afflict the world today – the pandemic and the health crises, an uneven economic recovery and impending recession, the climate emergency, and the question of survival of democracies and institutions with the rising wave of authoritarianism. While the exact nature of these crises varies significantly, a fundamental driver across regions has been the obscene levels of inequality. Economic inequalities have risen sharply around the world since the 1980s. But it is after the global financial crisis of the late 2000s, subsequent shifts in academic discussions, and movements such as Occupy Wall Street that the rise in inequality gained greater attention in academic, policy, and public discourse. The Covid-19 pandemic further exposed the depravity of the economic order that works perfectly well for the top 1 percent while the rest are one shock away from severe deprivation.