Perspectives: Why we can't have a global economy without a global government
Coronavirus has turned the global market into the global hospital. It has presented every single human being with the same threat at the same time, a virus for which there is no cure or vaccine.
“This will end with humanity victorious over yet another virus, there’s no question about that. The question is how much and how fast we will take the measures necessary to minimise the damage that this thing can do.
Today, so many strangers ask so much of us, and we ask so much of strangers. Together, we stand at a precipice in human history. We can either come out on the other side of it a wiser, more caring, knowledgeable species, or we can enter a period of prolonged, indefinite decline into a dark age full of shuttered schools, bigger prisons and hungrier children.
Worldwide, tens or even hundreds of millions of people could die, in multiple waves of pandemic outbreak, over the next 18 months, or longer. No one knows. Economic activity will only crawl back into place slowly, and unevenly, as supply chains of the global market fray indefinitely due to an unwelcome invader. In 2020, it’s coronavirus. In the 12th Century BCE, it was the Bronze Age Collapse.
One Los Angeles-based historian, Chris Mitchell, says that coronavirus might not be enough on its own to doom global civilisation, but it will make it more vulnerable to other shocks. He’s one of more than 100 million Americans living under lockdown in the US. We can say we are right now living through the Silicon Age Collapse. Silicon, the primary component in microchips, was not able to save us from this crisis. In the same way, Bronze-based technology could not save the ancients from systems-collapse. The Minoans, for instance, abandoned writing altogether. With life itself becoming harder, there was little reason to learn or teach the skill.
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