Where to Start
It's been devastating to be sitting around and watching everything fail. It's not necessarily a surprise that a huge part of our society has been living in precarity and that the government has failed to protect the vulnerable.
For specifics, read this entire tweet thread for a roundup of what's happening within largely Black and Brown and indigenous communities, not to mention the homeless, those deemed essential workers, the incarcerated, as well as rural communities:
Coronavirus is the “great equalizer” the same way that climate change is the “great equalizer,” which is to say: not at all.
— Jie Jenny Zou (@jiejennyzou) April 4, 2020
Communities of color, lower income households and vulnerable populations are bearing the brunt of covid 19
If anything, this thread is a great frame for understanding both the state of the country as well as its history.
On top of that, we're seeing a blend of corruption and incompetence from the Federal government actually competing with rather than assisting States for critical resources:
Just so we're clear on how Trump is handling distributing PPE and ventilators:
— Cate Eland (@RomancingNope) April 4, 2020
1) States are buying PPE and ventilators for themselves because they can't get them from the federal government.
2) The federal government is stopping planes on tarmacs to confiscate these shipments.
Here's @jaredpolis' remarks to @donlemon on CNN a few minutes ago... #copolitics pic.twitter.com/KZf2hmCc3O
— Jesse Aaron Paul ☀ (@JesseAPaul) April 4, 2020
This is where we're at in buying PPE.
— Nader Issa (@NaderDIssa) April 4, 2020
An Illinois official sped on a highway to get to a meet-up in a McDonald's parking lot, where she handed off a $3.4 MILLION CHECK to buy N95 masks from China with 20 minutes to spare, beating other bidders. https://t.co/267fo2kpUA
There is a lot that needs to change, and those in a position of power (governments and the wealthy) have the most leverage to enact systemic change, quickly. But, it will require a reframing:
This is in the Financial Times. And it's not just any op-ed; it's by the editorial board itself. COVID-19 really has changed everything. pic.twitter.com/gyYokPVigf
— Jason Hickel (@jasonhickel) April 3, 2020
That is, ensuring that the entire population has access to affordable, if not free, healthcare, or guaranteeing that wage workers have access to paid sick leave isn't about creating a handout or an entitlement. Rather, it's about ensuring the health of the entire system, and preserving our national security (in addition to being the morally and ethical right thing to do). And for those with excess capital, how can your portfolio continue to grow if, there's a stark reduction in the number of viable markets?
So as best I can tell this morning we now have:
— Shawn Donnan (@sdonnan) March 18, 2020
- A pandemic crisis
- A supply chain crisis
- A demand crisis
- A labor market crisis
- An equity market crisis
- An oil price crisis
- A brewing bond market crisis
- A developing currency crisis
- A potential housing market crisis