Why we need to rethink capitalism after the coronavirus pandemic?
By reason of to build a better world that works for EVERYONE, not just the privileged. I believe it is very important for countries recognize that there are some essential services that need to be provided in terms of healthcare, in terms of education, in terms of good governance, in terms of social safety that cannot be compromised on.
This is a virus that doesn’t respect borders. It crosses borders. And as long as it is in full strength in any part of the world it’s affecting everybody else. So this requires global cooperation to deal with it.
Countries will have to find ways of raising revenues and progressive taxation could be one form of it. Solidarity tax may be needed in some countries. Nature strikes in ways that we cannot imagine. And we’ve seen one and climate change could be even worse. So we have to prepare for that.
This society service information website has a big responsibility in that has well to be pushing the rest button and looking at how to create well being for people and for the Earth.
So the question is, how do we get to a more planet-friendly way of doing economic activity?
What’s needed is to ramp up production of alternative forms of energy. Second, to have infrastructure that’s much more climate-friendly. In both these measures, the public sector can play a very big role.