Scott Galloway said,
“We seem to be obsessed with keeping restaurants open. You know what’s probably the biggest long-term scarring here, outside of the health issues is we’re losing a generation of kids. Pre-pandemic lower income kids largely tracked with higher and middle-income kids with school on math. Since the pandemic hit, they have fallen off the map. Regardless of the moral corruption there, we’re going to lose half our scientists, half our military leaders, half our civic leaders, and half our social leaders when 50% of kids don’t have the skills to enter college. So, we’re losing an entire generation of leaders and scientists because we have decided it’s more important to keep businesses open than keep our schools open. So, if it comes down one theme it’s to protect people not jobs and also capitalism doesn’t work, it’s not an organic state, unless it rests on a groundswell, a tide pool of empathy.”
I want restaurants open as much as anyone. But, I think Galloway is absolutely right. Capitalism needs to be rescued from the capitalists. Again. Just as it was in the 1930s when Roosevelt realized that and saved it.
I would just add that we that we are facing another crisis that has been shoved aside during the Covid-19 pandemic, and that is the environmental crisis. As we ignore it, we keeping digging ourselves deeper into a hole from which it will get increasingly difficult to dig our way out. We have been passing the buck for decades now. We keeping making it more and more expensive to solve that problem. But that problem is not going away. I know things have been made much more difficult and much more expensive by the people of wealth who have been spending fortunes to keep the rest of us in the dark and submissive. They have done that with remarkable success. They have bought political leaders and scared the rest. So, nothing has been done.
We need a new green deal together (or some smarter version of it) with a smart response to the Covid-19 pandemic and we have to do that at the same time. This is going to cost a lot of money, but ignoring it some more will once more just make it more costly later. Like it or not, we have to do it. I don’t know if the Green New Deal is the right one. But at least those who proposed it did not ignore the problem like everyone else. If a better plan is possible, by all means, let’s go for that. Sadly, we now have at least 2 crises to deal with at the same time. It sucks to be us. But it could suck even more if we choose to do nothing.
Should we tackle 2 problems at once. Or ignore 2 problems at once?