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Corona the next world will be beautiful or ugly
Will coronavirus change the world ....?
From the slums of Kabul in Afghanistan to the suburbs of Bristol in the United Kingdom, there is no place where the coronavirus has not touched the epidemic. Concerns about corona are growing among governments and non-government organizations in various countries. Of course, as much as it is about health, it is more about economic impact.
Maybe this concern will change the face of the world. An Al Jazeera report highlights this picture.
Oxfam, an international voluntary organization, says the new coronavirus, which has claimed the lives of about 95,000 people and is wreaking havoc on the world economy, could plunge 500 million people in developing countries into poverty unless urgent action is taken. The growing concern in front of the eyes of the people may surpass the economic downturn of 2008.
This warning from Oxfam is very important. But the question is, is there any chance of a radical change at this moment? Is it possible only for developing countries or developed countries? Would it be fair to force a worker who does not receive health care to go to work when he is ill? Because they will infect many more. Would it be okay to force the local coffee shop to close for fear of coronavirus infection?
It is seen that the owner is facing loss, the employee has to work all month and suddenly sit without getting any salary.
Al-Jazeera asked Oxfam economist Max Lawson if there was any possibility of a radical change in the situation. He said the current crisis was making the impossible possible. Where the individual is blamed for the economic situation, governments are now taking steps to help the individual as well as the corporate business. Now, this thinking is developing all over the world.
The British newspaper Financial Times recently published an editorial. At such a time in the world, there is talk of a universal minimum income or Universal Basic Income (UBI) facility. Spain has already taken a step forward in this regard. The country's finance minister has said they want to introduce UBI as soon as possible in light of the coronavirus crisis. In addition, the United Kingdom says it will provide first aid to those most affected by the coronavirus. US President Donald Trump has unveiled a 200 trillion aid package.
As it turns out, this time the picture is quite different from 2008. Because no government thinks of helping a single person in that financial crisis. Governments provided financial assistance only to banks and corporations, and adopted massive spending cuts, to the detriment of ordinary people in developed countries. That was a pattern of that time. However, this time the crisis has changed all ideas. This time people are being given loan waivers, cash payment, the tax-free facility for quick change of situation. Not just 1 percent of funding to save the corporate world, but for everyone.
Lawson said some measures were taken for the financial sector after the 2008 recession. But the elites have always thought of themselves. But do the elites now realize that the common man is under threat, they are also under threat? Coronavirus does not discriminate between rich and poor. I don't see who is the head of the factory and who is the worker. The answer to this crisis is not just in giving money to a single person. But things that were considered socialism in the past are now being understood.
Now let's see, when this world will be free of coronavirus, whether the notion of universal minimum income, health care for all, debt waiver, tax exemption also dies.
Will coronavirus change the world ....?
From the slums of Kabul in Afghanistan to the suburbs of Bristol in the United Kingdom, there is no place where the coronavirus has not touched the epidemic. Concerns about corona are growing among governments and non-government organizations in various countries. Of course, as much as it is about health, it is more about economic impact.
Maybe this concern will change the face of the world. An Al Jazeera report highlights this picture.
Oxfam, an international voluntary organization, says the new coronavirus, which has claimed the lives of about 95,000 people and is wreaking havoc on the world economy, could plunge 500 million people in developing countries into poverty unless urgent action is taken. The growing concern in front of the eyes of the people may surpass the economic downturn of 2008.
This warning from Oxfam is very important. But the question is, is there any chance of a radical change at this moment? Is it possible only for developing countries or developed countries? Would it be fair to force a worker who does not receive health care to go to work when he is ill? Because they will infect many more. Would it be okay to force the local coffee shop to close for fear of coronavirus infection?
It is seen that the owner is facing loss, the employee has to work all month and suddenly sit without getting any salary.
Al-Jazeera asked Oxfam economist Max Lawson if there was any possibility of a radical change in the situation. He said the current crisis was making the impossible possible. Where the individual is blamed for the economic situation, governments are now taking steps to help the individual as well as the corporate business. Now, this thinking is developing all over the world.
The British newspaper Financial Times recently published an editorial. At such a time in the world, there is talk of a universal minimum income or Universal Basic Income (UBI) facility. Spain has already taken a step forward in this regard. The country's finance minister has said they want to introduce UBI as soon as possible in light of the coronavirus crisis. In addition, the United Kingdom says it will provide first aid to those most affected by the coronavirus. US President Donald Trump has unveiled a 200 trillion aid package.
As it turns out, this time the picture is quite different from 2008. Because no government thinks of helping a single person in that financial crisis. Governments provided financial assistance only to banks and corporations, and adopted massive spending cuts, to the detriment of ordinary people in developed countries. That was a pattern of that time. However, this time the crisis has changed all ideas. This time people are being given loan waivers, cash payment, the tax-free facility for quick change of situation. Not just 1 percent of funding to save the corporate world, but for everyone.
Lawson said some measures were taken for the financial sector after the 2008 recession. But the elites have always thought of themselves. But do the elites now realize that the common man is under threat, they are also under threat? Coronavirus does not discriminate between rich and poor. I don't see who is the head of the factory and who is the worker. The answer to this crisis is not just in giving money to a single person. But things that were considered socialism in the past are now being understood.
Now let's see, when this world will be free of coronavirus, whether the notion of universal minimum income, health care for all, debt waiver, tax exemption also dies.
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Great comparison of the 2008 recession to the current COVID crisis.
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