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Showing posts from April, 2020

Pandemic and the labour fluid

These days after conducting a brief understanding of this and that perspectives I stopped writing against capitalism. I mean this would have been a sign of intellect back in the '40s and 50's but adaptation of neoliberalism after WW2 and wealth generated out of that in hands of government proved to be more effective than Keynesianism or communism in providing social security to large. Occasionally, here and there especially in times of recessions and depressions, a Keynesian will advocate government interventions, since I grew through the global financial crisis 2008, I find no objection. So things were rosy and they are, of course, tinted a bit. What the economic world has missed is to handle the "labour fluid", yes I call them fluid because of their adaptability and at the same time inability to maintain their shape once the external stimulus is released. Wars, unstable geopolitics, increased population and automation made a gigantic issue of "refugee camps ...