WILL CORONAVIRUS CHANGE THE WORLD FOR THE BETTER? An analysis by Concetto La Malfa

Concetto La  Malfa is a Journalist, Author and Political Analyst.
On given days and times bells ring, people applaud in solidarity for the frontline medics who are fighting their war against an invisible enemy to save human lives. In many countries consorted groups of people and associations have been created to help those who cannot get out of their homes to get the necessary supply of food to survive. Yet, apart from scanty data on how this pandemic is going to affect world economy and people’s lives, we hear nothing about  substantial help by those who have plenty to those who have little or nothing, not only on a private level but also and primarily on an institutional one, or by rich countries to help very poor countries. It makes you think that it takes ten of pandemics like the unprecedented current one to change the world for the better. Seemingly human selfishness is virus resistant, and it is the case to say that the world, long before the coronavirus pandemic was already suffering from a coronagreed pandemic.
They foresee that by the end of this scourge, world economic growth will be greatly dented. But the rotten aspect of this forecast is that the big fish will devour the small ones at an unprecedented rate. Take for example small businesses, from shops, to restaurants and firms in Ireland who were already suffering pneumonia under a merciless unsustainable rates, rents and insurance premiums. Have we heard that the darling landlords have lowered their private or commercial rents? No, we haven’t.  Have we heard that insurance companies are stopping exploiting people and businesses with their cartel of exorbitant premiums? No, we haven’t. Have we heard that banks and financial institutions get together to unlock some of their wealth to assist the needy under the present circumstances? No, we haven’t. These small business will perish en mass as they will be bought out for two a penny by the biggies.  We have only heard that the state has done its best to subsidize well over half a million workers out of a job. But the state alone isn’t enough for their reserves will dry up soon.

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