The New Economy After Covid: If you are in the lower and middle income brackets.
As we approach the uncertain aftermath of the COVID-19 pandemic, many developed and developing societies remain shaken, disrupted and precarious. Jobs and austerity are the main tacit or stated socioeconomic fear of most people. The political economy of despair we are witnessing never enters the perception or the historical heritage of a nation, place, or people with positive reception.
We accept COVID-19 as a global pandemic is a tragedy. Most will survive it, but the death toll remains staggering, and the caused disruption colossal in many countries. Our daily transactions, interactions and relations between society and the economy rely on may cease for an indefinite period, but for how long? (more…)