However, I’m more alarmist about the bigger picture, of which COVID-19 is just one component; the possibility of a “perfect storm” with other factors in there.
- the climate crisis and biodiversity loss (and their inevitable economic repercussions);
- mass migration to escape war, famine, degradation; etc.
- the end of the bull market, deregulation since the last market crash, the reduced capacity to stimulate economies, obscene federal and national debt (for which unsustainable growth and consumption are required, in some ways a Ponzi scheme) – aka “late-stage capitalism”;
- protectionist, polarized, nationalist populism and oligarchy (though globalization has its cons, such as complex, vulnerable and eco-unfriendly international supply chains, trade wars); or, for that matter, liberal elitism;
- what philosopher, linguist and poet Jean Gebser calls the late-stage (left-brain), deficient mode of the mental-rational structure of consciousness – with no guarantee that we’ll survive to evolve into a more integral mode of thought and action / being;
- an erosion of the social safety nets (and a reduction in social mobility) that would help many people through these crises, aka neo-peasantry;
- the fragmentation and growing powerless of communities;
- more generally: misinformation, disinformation and its weaponization, coupled with a loss of honour and truthfulness (the era of post-modernism and post-truth);