Building a new Human socioeconomic system after the pandemic
Question from the Internet:
“What is the scale of damage done by the covid 19 to the global and respective economies of different countries?”
We can’t assess the full damage yet as the pandemic is still ongoing, and for leaders it is not beneficial to give us the true, full picture.
But some estimate that even in a good case scenario global travel will not resume until 2023, 2024, which will probably be “fatal" for tourism and airline industry for example.
But the rest of the global economy isn’t going to do much better, and as we run out of the efficiency of the futile bailout, stimulus packages, the true reality, with unprecedented unemployment, collapsed production and consumption will become clear.
In truth the pandemic simply pulled the plug from the “life support machine" that kept an unsustainable socioeconomic system alive which system has been in perpetual crisis for decades.
In a balanced, integrated, interdependent Natural system — we are also integral parts of — we can’t force an artificial Human system that is built on excessive overproduction/overconsumption, and success at each other’s and Nature’s expense.
Thus after the pandemic only essential production and services will remain, as Nature’s strict, unforgiving laws will force us to adapt to the optimal parameters of “natural necessities/available resources".
We would be wise to go through this inevitable adaptation on our own accord, consciously, purposefully rebuilding Human society on Nature’s integral template.