Hi Jason,
Along those lines, I think you might be interested in this essay from Soros and Eric Beinhocker. (The latter was an economist who gave a lecture at Oxford very similar to a ToK vision).
https://www.latimes.com/opinion/story/2020-04-13/op-ed-george-soros-explains-how-to-keep-the-economy-from-tanking-during-the-coronavirus-pause
Best,
Gregg
From: tree of knowledge system discussion <[log in to unmask]> On Behalf Of nysa71
Sent: Wednesday, April 15, 2020 3:22 PM
To: [log in to unmask]
Subject: Re: The financial/job/economic wave
Hello ToK Society,
I couldn't help but notice how people will lose their health insurance because health insurance is tied to people's employment. Of course, if we had Medicare for All, that wouldn't be an issue right now.
If the U.S. had a lot of public purpose structures in place (or better structured than they currently are) we'd be in a lot better shape economically.
But that's the problem with the U.S. electorate. It's not a problem if the problem is the problem of "The Other". But now, more and more of those same people are fast becoming "The Other".
Hopefully, enough of us have learned a hard lesson here. But honestly, I'm not holding my breath. At this point, I won't ever underestimate the stupidity, myopicness, and selfishness of a significant percentage of the American electorate.
~ Jason Bessey
On Wednesday, April 15, 2020, 09:12:35 AM EDT, Henriques, Gregg - henriqgx <[log in to unmask]<mailto:[log in to unmask]>> wrote:
Hi TOK List,
We don’t attend much to finances and jobs reports on the list, but it is crucial for us to be aware that the shock wave that this shutdown has sent through the world/jobs/economic system is unprecedented. No one knows exactly what a restart will look like. Although I am woefully ignorant about the complex dynamics that are operating in economics, finances, job availability, etc. my read is that the reverberating waves are going to be quite intense. Here is an example from the Wall Street Journal:
https://www.wsj.com/articles/a-second-round-of-coronavirus-layoffs-has-begun-no-one-is-safe-11586872387?mod=trending_now_1<https://urldefense.proofpoint.com/v2/url?u=https-3A__www.wsj.com_articles_a-2Dsecond-2Dround-2Dof-2Dcoronavirus-2Dlayoffs-2Dhas-2Dbegun-2Dno-2Done-2Dis-2Dsafe-2D11586872387-3Fmod-3Dtrending-5Fnow-5F1&d=DwMFaQ&c=eLbWYnpnzycBCgmb7vCI4uqNEB9RSjOdn_5nBEmmeq0&r=HPo1IXYDhKClogP-UOpybo6Cfxxz-jIYBgjO2gOz4-A&m=WUkKpddwtoyJtc9C9RxiVhAHduo52AvUNMSzLlzYH4k&s=CxldSNrWA3CVSsD4mf5XtHGmZ43VB6aWhQkiVvjreoA&e=>
Take care.
Best,
Gregg
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