The more Beijing weans itself off economic growth as the economic metric, the freer it will be to pursue more suitable and sustainable economic policies to better tackle the challenges China and the world will face in the 21st Century.
The coronavirus crisis has proved that radical change can happen in a short period of time. But can we harness this awareness to bring about systemic transformation? German transformation researcher Maja Göpel says it’s possible — and necessary.
It has taken some time to gel, but something resembling a coherent pandemic shock doctrine is beginning to emerge. As the coronavirus continues to kill thousands each day, tech companies are seizing the opportunity to extend their reach and power.
A familiar idea has returned: that of a universal basic income, whereby all of us would be entitled to a regular payment from the state, enough to cover the basic cost of living. If unprecedented times demand drastic answers, isn’t this where we should begin?