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Showing posts with the label "economic engineering"

UK and beyond

Nesrine Malik : The pandemic exposed our failing healthcare systems; the disparity between the  perception of immigrants as a drain  and the reality of them as pillars of our communities; the gulf between races and classes; the incompetence of our politicians; the fatal consequences of diminishing public services. There is a naivety in the hope that once ideas are discussed and made popular, they will permeate policymaking and bring about change. History shows us that, during a period of economic upheaval, this is unlikely. The 2008 financial crisis is the clearest cautionary tale. If the loss of life is at a level deemed acceptable by big business and government, the focus will shift to moving on while minimising the need for change. The old order – that some are already writing eulogies for – will surge back rather than retreating. History shows us that whatever horrors a crisis exposes, they can be covered up in the shattered aftermath."