Source: https://www.youtube.com/watch?app=desktop&v=lUGT5uXLRnE Dani Rodrik
Content
- the pandemic does not change the world, only accelerates the changes that are happening
- shines a light on economic inequality and insecurity
- great balancing of global markets
- china has stopped hyper-globalising
- emerging countries growing ever faster
- Africa: public health, labour laws, human rights crisis
- action needed: redirecting funds from creditors in developed countries to health system and debt payments in developing countries
- pandemic made us more aware of issues
- joint health strategies/information sharing should be priority
- fostered global integration in cost of domestic social disintegration
- investments in global human rights/labour/health not likely
- some globalisation too good, others still lacking
- pro- or against-globalisation? depends on policy
- tax havens should not exist → bad globalisation
- Panama Papers
- rich viewing themeselfes as part of global community, not part of local community
- working class does not have that network and tax strategies
- The Road from Somewhere
- when problems arise → blaming the victim instead of searching for flaws in economic system
- left parties → parties of educated elite
- US and China
- ongoing economic war
- becoming more similar
- china trying to be more western
- similar to cold war with UdSSR, need to accept differences
- China understands, that US market is not always accessible
- Chinas Economy would be destructive, if incorporated unfiltered
- US still has upper hand for decision making
- US is keeping profits off-shore, protecting people, not jobs
- China dos not want to give up their economic model
- China suppressing human rights and labour laws
- if no global institutions can be built how are we gonna combat climate change?
- (sub-)national level first, then global trend after
- local political activation → grass roots movements
- not just carbon taxes
- government is the problem, not the solution?
- wealthy individuals owning the government
- corporations do not have to act sensibly for society or environment
- as the Chinese say: crisis is a time of potential
- deterioration in the faith in expertise