The Conclusion of the book launches a critique of the reduction of the pandemic imaginary to yet another form of “capitalist realism”. Discussing the works of Michaël Fœssel and Jean-Luc Nancy on the relation between catastrophism and loss under the light of the pandemic imaginary, the conclusion develops an approach that considers the instituted or conserving aspect of the imaginary in tension with, but not in opposition to, its instituting or generative aspect. The Conclusion argues that the pandemic imaginary should be considered not simply as a form of anthropological closure, but as a field of signification that is part of the creation of new kinds of institutions and ways of instituting humanity.