An Opportunity for the Economy

Douglas Rushkoff writes about the coronavirus silver lining

Coronavirus Blog Team
Medium Coronavirus Blog

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A silver lining: there’s an opportunity to radically change the U.S. economy for the better. Author Douglas Rushkoff writes in GEN that the coronavirus provides an opportunity to build a more resilient economy. He writes:

“The sooner and more completely we restore the old economy, the faster we simply recreate the conditions that got us sick in the first place and rendered us incapable of mounting an effective response. The economy we’re committed to restoring is no more the victim of the Covid-19 crisis than it is the cause. We have to stop asking when will things get back to normal. They won’t. There is no going back. And that’s actually good news.

If we approach this moment of pause mindfully, the post-Covid economy we create could turn out to be a whole lot more resilient than the old one. Beyond exposing the brittle nature of global supply chains, top-down monetary policy, and a vanquished domestic manufacturing sector, the Covid crisis is also unleashing a powerful drive by local and networked communities to rebuild business from the bottom-up.”

Read the full story below.

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Coronavirus Blog Team
Medium Coronavirus Blog

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