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Un paso más allá de la Covid-19

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  • Pizarro Hofer, Roberto

    (independent)

Abstract

COVID-19 has caused a humanitarian crisis of devastating proportions and an economic disaster without parallel. We live under a worrying uncertainty, because it is unknown how long the lockdown will last, the lack of income, unemployment, and even when will an effective vaccine or a medicine be discovered. Everyone suffers from uncertainty. Those who have assets, but much more those who have run out of income. The painful experience of coronavirus must be a lesson, and not only on the field of health, but an opportunity to change the existing unjust and irrational economic and social system. The coronavirus challenges the political class that has shrunk the state, with radical social cuts, which have seriously affected people’s lives. This crisis provides an opportunity for changes; however, they will not be automatic, but rather they will depend on the will and struggle of men and women, who have been affected by the lack of protection of the subsidiary state for decades. If no rectifications are made, there will be not only sanitary dangers but also social ones ahead.

Suggested Citation

  • Pizarro Hofer, Roberto, 2020. "Un paso más allá de la Covid-19," El Trimestre Económico, Fondo de Cultura Económica, vol. 87(348), pages 1033-1057, octubre-s.
  • Handle: RePEc:elt:journl:v:87:y:2020:i:348:p:1033-1057
    DOI: https://doi.org/10.20430/ete.v87i348.1174
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    More about this item

    Keywords

    COVID-19; globalization; industrialization; crisis; economic growth; subsidiary state; Keynes.;
    All these keywords.

    JEL classification:

    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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