Monday, March 8, 2021

Transformations and Rethinking Development - Thanks to the Pandemic

 https://www.sciencedirect.com/science/article/pii/S0305750X20303600?dgcid=raven_sd_recommender_email

From the journal, World Development Volume 138, February 2021, 105233 -
Article title: " Post-pandemic transformations: How and why COVID-19 requires us to rethink development".

SSDD simply won't do anymore.  Neoliberal economics, the Oligarchy & Plutocracy Era, and the days of Crony-Casino-Disaster-Surveillance Capitalism are all at the beginning of their end.  Most likely, the combination of democratic socialism plus Adam Smith capitalism*** (a Mixed Economy) - which most free countries now have to varying degrees - will become stronger.  That, coupled with a genuinely eco-ethical approach to Nature & its resources, will be the new paradigm.

[*** As I've pointed out before, Adam Smith was in favor of small business, not mega business.  He denigrated the concept of monopolies, and rather than support them, he decried the so-called "Masters of the Universe" - the Big Biz men who thought they ruled the world.  His idea was for small business to benefit common people.]

Perhaps then, more people will understand that when we damage ecosystems because of genuine necessity, we should take care to keep the damage as small as possible.  Why?  Because one of the many key services provided by the ecosystems of Nature is:  they are natural barriers to the spread of disease.

The article at the link above addresses the following topics re post-pandemic development:
1.  science and policy;
2.  resilient economies;
3.  the nexus between the citizenry and the State; and
4.  new ways of thinking & acting in relation to all the above and sustainability.

While the article is about world development, especially re the North-South (in general) global inequality, I believe its concepts can be applied more regionally and locally, and to more equitable "development" in "developed" countries.  These ideas, I think, should start at the grassroots level (county, city).  Then State or Province and National politicians will be more amenable to instituting needed support at their levels.  From the bottom up is usually (not always) better than from the top down.  Those at the top sometimes seem to be out of touch with the practical reality of the everyday/common people.

It's highly probable that many researchers and some politicians, policy makers, and a few private companies (& others) have been working on sustainability & equity (in the ethical sense) since at least the 2008 Crash.  Now we need to kick that into high gear.  A massive shift is on the horizon, and there's no time to waste in getting to it.
Tick-tock.
...........................
Not only my opinion.  Be Well


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