Economic problems are on the agenda. The coronavirus crisis has gone beyond the ability of governments and central banks to help businesses, employers and workers. The coronavirus accelerated the decay process. The calamity is so tangible that it makes us want to return quickly to “normalcy”: a full-time economy, a culture of consumption, the pleasure of shopping, and, of course, significant economic growth in the national product.
Today we can clearly see how the world has changed in the last 70 years. The man has also changed. Only the economy has stagnated and stopped fitting into a world that has become global and connected, a world where we are all interdependent. We can already understand that there is no other field in social life that has become an anachronism and is in artificial resuscitation than the field called economics.
So the confusion and failures in the economy will only intensify once we get another hit from nature. After all, the pillars on which the current economic system rests have long since begun to wobble. Verkhov does not have the funds to implement large-scale projects, to finance science, education and health care at the proper level. The grassroots have constant financial tensions and social instability.
Young people do not live up to the expectations of the elites, refusing to accept the American dream as the rule of life, which is based on harsh, hateful competition, on the game of monopoly, where one profits at the expense of the other. This has led to human inequality on an unprecedented scale and serious damage to humans, society, and the environment.
The current crisis is an opportunity to carry out a transitional process of development together to create a new economic method for the good of man. A method that will focus on human growth and internal development rather than growth in economic production per capita.
To better understand where we are, imagine that we were a group of children in which all strove to excel at their craft and competed with others. Suddenly the mother appears and says, “You didn’t know that all of you are brothers. It is clear that the brothers will immediately change their attitude toward each other. This change in the perception of man in his relations with others will be the basis of the new economic system.
From the above, it is clear that our economy, built on competition, exploitation and hubris, must change. Now we must create a new economy that is built on the idea of human society as one big family. Of course, the implementation of socialist theory in its Soviet version collapsed long ago because it was built on coercion, exploitation of social enthusiasm, and corruption.
Integral society requires a new economy, as soon as possible. Assuming that we are not separate from each other, but are all connected as one body, then if one of us is sick, it hurts all of us. Not just economic pain, but physical and mental pain. When we understand the integral interaction between us and nature, we will get answers from within. From the right attitude we will know how to act and produce only what we need, which is good for everyone. Together we will scrutinize what we need for life and what is not in our favor, not with the intention for the good of all.
The state will be able to provide everyone with a basket of basic services and products that will enable people to live at a decent level, deploying an elaborate social welfare network designed to make human development a goal, freeing them from the current ego-system.
Economists and decision makers have a hard time grasping, accepting, and changing this reality. It is easier for ordinary people to understand and feel the tremendous suffering caused by the existing system of economy and the good that an integral economy based on human proximity can bring with it. So it would be good if we tried to embrace the changes that the coronavirus brought. And to stop all efforts to turn the wheel back without taking the pandemic as a serious lesson. If we learn this lesson, we will find that, in fact, it was not a disaster, but rather a push forward to change for the better.
We are entering a new era of the last selfish generation of the current socio-economic system. We are facing a significant development, one might say, a social revolution. In all previous generations there was no such large-scale change, and we are privileged to live and participate in a social, economic and global revolution.
