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postcorona

Why Capitalism as we know it is unfit for the Future

Covid-19 Has Accelerated the Demise of Traditional Capitalism 2019 was a year of great prosperity and innovation, with stock markets booming, democracy thriving (well, maybe not quite in the US;), and unemployment at near record lows throughout much of the developed world. But then, Covid-19 struck and changed everything as half the world went into lock-down, economies and supply chains ground to a halt, unemployment skyrocketed, and the world suffered its greatest health/humanitarian crisis since World War II.

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Consumers’ reaction to Covid19 (good read and stats via WEF)

Since the COVID-19 crisis began, global GDP has fallen by 4.2%. The rollout of vaccine programmes will help to steady the ship – but the rate at which countries recover, including upticks in employment and consumer confidence, depends on how quickly they are able to bring the virus under control.

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Sustainable is the new Digital

Riffing-off, and simplifying from, a recent WEF piece here --- this will become a strong meme for 2021 (no matter what you may think about the WEF and its 'Great Reset':))

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