Author Topic: Could Covid be Offering a Restart for Democracies?  (Read 1343 times)

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Offline Montgomery

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Re: Could Covid be Offering a Restart for Democracies?
« on: November 29, 2020, 10:04:20 pm »
I'm not sure what you're proposing, i don't know what you mean by "resetting capitalism".  What does that entail?

Since this pandemic is a once-in-a-century phenomenon I think we should fix some of the glaring holes we've had in our pandemic preparedness in case this happens again, and support people and small businesses get back to work, but not sure what else we need to do besides that in terms of COVID.

It almost certainly won't be just a 'once in a century phenomenon, but that's not the point. Capitalism roars at the same time as food lines to feed the hungry in the US are longer than ever before. Their brand of capitalism doesn't work. Does it matter to the people that businesses that deal in  non-essentials are going out of business?

Does it matter to the economy of that country? If so then why is the stock market booming?

You suggest the S.&P. is overinflated. Is that the flash in the pan before the darkness? I suspect it's not.
Three billionaires in that country hold as much wealth as the bottom half of their people. That's very wrong!

If you understand better now, your thoughts?
It was believed afterward that the man was a lunatic, because there was no sense in what he said. ~M.T.