My today's piece for The Real Pandemic Danger Is Social Collapse
“Advanced societies must not allow economics, particularly the fortunes of financial markets, to blind them to the fact that the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure.”
As the world responds to COVID-19, everything that used to be an advantage in a heavily specialized economy now becomes a disadvantage—and the reverse. considers how, in the event of a protracted crisis, some changes could become permanent
Vital, sobering take from "The human toll of the disease will be the most important cost and could lead to societal disintegration. Those left hopeless, jobless, and without assets could easily turn against those who are better off...
Will the virus cause a “return to natural—which is to say, self-sufficient—economy” a la Dark Ages? One of the more provocative prognoses yet, from
The COVID-19 pandemic is putting extraordinary pressure on societies and economies across the globe. Read on what the current changes could mean in the long term—and what countries can do now to prevent social breakdown.
“The longer the crisis lasts, and the longer obstacles to the free flow of people, goods, and capital are in place, the more that state of affairs will come to seem normal.” Read on the long-term repercussions of the COVID-19 pandemic
“The economic repercussions of the novel coronavirus pandemic must not be understood as an ordinary problem that macroeconomics can solve or alleviate. Rather, the world could be witnessing a fundamental shift in the very nature of the global economy.”
“The economic repercussions of the novel coronavirus pandemic must not be understood as an ordinary problem that macroeconomics can solve or alleviate. Rather, the world could be witnessing a fundamental shift in the very nature of the global economy.”
From : the main objective of economic policy today should be to prevent social breakdown. Advanced societies must not allow economics to blind them to the fact that the most important role policy can play now is to keep social bonds strong
. considers how the current crisis could fundamentally change the way economies and societies operate
The Real Pandemic Danger Is Social Collapse, by #globaldev via
“The longer the crisis lasts, and the longer obstacles to the free flow of people, goods, and capital are in place, the more that state of affairs will come to seem normal.” considers the long-term repercussions of the COVID-19 pandemic
The main—perhaps even the sole—objective of economic policy today should be to prevent social breakdown, writes .
As the Pandemic Drives the Global Economy Apart, Societies May Break Apart, Too ⁦
on the real danger of social bonds being torn asunder.
"Thus the main (perhaps even the sole) objective of economic policy today should be to prevent social breakdown (...) the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure" -
The bottom has fallen out of US jobs. on danger of social collapse: "If more people emerge from the current crisis with neither money, nor jobs, nor access to health care, & if these people become desperate and angry"
partage cet avis dans son article très clair: "Le véritable danger de la pandémie est l'effondrement social"
“Thus the main (perhaps even the sole) objective of economic policy today should be to prevent social breakdown....the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure. “ 👏🏾👏🏾
¡Excelente artículo de ! En estos momentos, el objetivo principal de la política económica debe ser prevenir un colapso social: riesgo pandémico real. "The Real Pandemic Danger Is Social Collapse" vía C.C.: .
My two recent Foreign Affairs pieces: Is the Pandemic China’s Sputnik Moment? and The Real Pandemic Danger Is Social Collapse
As the world responds to COVID-19, everything that used to be an advantage in a heavily specialized economy now becomes a disadvantage—and the reverse. discusses how, in the event of a protracted crisis, some changes could become permanent
Advice from that governments desperately need to heed: The Real Pandemic Danger Is Social Collapse
As various stimulus bills make their way through various government houses, a relevant read from via : “... the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure.”
Mr as relevant as always
The Real Pandemic Danger Is Social Collapse "If more people emerge from the current crisis with neither money, nor jobs, nor access to health care, and if these people become desperate and angry... " [email protected] in March. pic ht
"Danger Is Social Collapse. As the Global Economy Comes Apart, Societies May, Too" [email protected]:ovic
.’s cautionary tale about a descent into a natural economy which will look “normal” over time and be sustained by special interests wanting national self-sufficiency—-a double edged sword threatening globalization & domestic social cohesion.
"Advanced societies must not allow economics, particularly the fortunes of financial markets, to blind them to the fact that the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure."
: Advanced societies must not allow economics to blind them to the fact that the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure via
The Real Pandemic Danger Is Social Collapse | ⁦⁩ | ⁦
This piece by charts the clearest and most convincing (though by no means inevitable) road to "de-globalization" I've read so far
The most important economic policy now is to maintain strong social bonds under the extraordinary pressure of #COVID19 ht cc
"The world could be witnessing a fundamental shift in the very nature of the global economy." Branko Milanovic () writes about the economic repercussions of #COVID19 in .
.: "Societies must not allow economics, particularly the fortunes of financial markets, to blind them to the fact that the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure."
"... el papel más importante que puede desempeñar la política económica ahora es mantener fuertes los lazos sociales bajo esta presión extraordinaria." Por en
A bleak assessment from of the risk of social breakdown resulting from profound economic consequences of the pandemic: "...the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure."
Les compartimos un par de lecturas sobre el impacto del COVID-19. La primera, de
"el objetivo principal (quizás incluso el único) de la política económica actual debería ser evitar el #colapso social"
#COVID19 pandemic is putting extraordinary pressure on societies and economies across the globe. considers what the current changes could mean in the long term—and what countries can do to prevent social breakdown.
in New Orleans in 2005 might become commonplace. If governments have to resort to using paramilitary or military forces to quell, for example, riots or attacks on property, societies could begin to disintegrate."
Siempre es un deber leer a más en este momento de pandemia. ¿Se viene la era de la autarquía? "El principal objetivo en este momento de la política económica es impedir el estallido social".
Thanks Branko, who is quoted in this story on the potential for a catastrophic future in which economies shrink, living standards drop and social glues break down, creating a risk that those left jobless turn violent against those better off. Read him
The Real Pandemic Danger Is Social Collapse by via #Covid19ECO #Covid19
Este otro de 👉 "The world faces the prospect of a profound shift: a return to natural—which is to say, self-sufficient—economy. That shift is the very opposite of globalization"
"Das wichtigste (und vielleicht einzige) Ziel von Wirtschaftspolitik sollte heute sein, den sozialen Zusammenbruch zu verhindern." Dixit der großartige hier: #Coronakrise
Excellent piece by ⁦⁩ on the real risk looming behind the pandemic. Policy makers must do everything in their power to assist the most vulnerable in the current climate
RT : The COVID-19 pandemic is putting extraordinary pressure on societies and economies across the globe. considers what the current changes could mean in the long term—and what countries can do now to prevent social breakdown.
RT : My today's piece for The Real Pandemic Danger Is Social Collapse
This might be "similar to the unraveling of the global ecumene that happened with the disintegration of the Roman Empire into a multitude of self-sufficient demesnes between the fourth and the sixth centuries."
On the danger of social collapse after a pandemic
ICYMI: "As the Global Economy Comes Apart, Societies May, Too." Branko Milanovic, Foreign Affairs, 3/19/20. . "The most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure."
Wise and conscise words by - Real Pandemic Danger Is Social Collapse via
Thought provoking piece by on socio-economic impacts of travel bans, lockdowns & social distancing from COVID-19 across the world. I don't agree with all of the sweeping conclusions. Good read anyways via
Time for a re-evaluation: the real pandemic danger is social collapse. Comment in view of where we are now?
"The main (perhaps even the sole) objective of economic policy today should be to prevent social breakdown." The Real Pandemic Danger Is Social Collapse by #coronavirus #society via
The notion of the sort of cascading consequences that the coronavirus can have - from the health to the economic to the social and political - is well captured by on whether the coronavirus will lead to social collapse.
As the global economy comes apart, societies might too. explains for why the real pandemic danger is social collapse
My corona writings: Anomie Whom to help The world after corona Corona as an enemy (Two more are coming next week).
Advanced societies must not allow economics, particularly the fortunes of financial markets, to blind them to the fact that the most important role economic policy can play now is to keep social bonds strong under this extraordinary pressure,
A friend just pointed out to this sentence from my March 19 Foreign Affairs article: "If governments have to resort to using paramilitary or military forces to quell, for example, riots or attacks on property, societies could begin to disintegrate."
.⁦⁩ : “Everything that used to be an advantage in a specialized economy becomes a disadvantage—and the reverse.”
Published March 19, 2020 The Real Pandemic Danger Is Social Collapse
"The real pandemic danger is social collapse" says FOREIGN AFFAIRS I have just uploaded a nice 2010 primer on community action to respond Please pass this video around. We need to get people oriented. It's going to take all of us
The Real Pandemic Danger Is Social Collapse As the Global Economy Comes Apart, Societies May, Too (March 2020)
My Foreign Affairs piece The Real Pandemic Danger Is Social Collapse in French translation
"Thus the main (perhaps even the sole) objective of economic policy today should be to prevent social breakdown," Branko Milanovic argues, which is unexceptionable, but the question is, "How?" via
Serious food-for-thought from in this week’s “Thus the main (perhaps even the sole) objective of economic policy today should be to prevent social breakdown.”
The main goal of economic policy today should be to prevent social breakdown. Advanced societies must not let fortunes of financial markets blind them to most important role economic policy, to keep social bonds strong under this extraordinary pressure
This by remains the most important big think piece I have seen on the pandemic
The Real Pandemic Danger Is Social Collapse via I wonder if this is in fact what we're seeing.
Just read 's FT piece, which eloquently describes what is at stake and how we need to work against social breakdown But I guess I was a bit frustrated that the article ended without setting out how we might do that
"Thus the main (perhaps even the sole) objective of economic policy today should be to prevent social breakdown" writes via