COVID-19 is the perfect 4T event?

[sbarrera]

(04-04-2020, 07:44 PM)Warren Dew Wrote: I would agree if Covid-19 were a real threat to the lives of many citizens.  It's not, though.  It's only a threat to the lives of old people, which category happens to include most of the economic and political elites.

It's kind of like when the elites dupe the commoners into supporting war.

It could still be a regeneracy, except that I think a regeneracy has to reverse a concentration of power and wealth, and I don't see how this particular crisis does anything other than cause greater concentration of power and wealth.

But in the general outlines, yes, the Covid-19 crisis is very much the kind of thing you'd expect in a Crisis period.

But it's the response that counts, right? Not the actual threat level. That we would be willing as a society to basically shutdown the economy in order to mitigate loss of life (even if just for a certain demographic) is the indicator.

As for reversing the concentration of wealth - that obviously requires significant structural change. But we haven't seen the full political fallout of Covid-19 since it's only been a couple of months.