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"The economy" isn't en end to itself. It's an abstract concept for production to meet needs. If we all chill at home, our needs are reduced, so it's fine for everyone if "the economy" tanks. Well, not everyone, people who extract billions from workers' production will be pissed.
The fact that capitalism is seemingly incapable of pausing for a couple months without collapsing in on itself due to a tangled web of complex game theory problems is an indictment of capitalism, not the idea of pausing production for a couple months.
If you're thinking losing 1/6 of the year's production wouldn't be a big hit to any economic system, you're living in IdeologyLand.
It’s a pandemic. Of course it’s a “big hit”. But it’s clearly one we can recover from economically. In fact, it’s the job of markets to allocate resources to best weather the real danger, not the other way around.
Contrary to the right's bleeting, the purpose of our welfare state is to shore up and bolster Capitalism against its inevitable top-heavy collapse. Any structural change that loosens the coupling between welfare/healthcare and employment is an existential threat to them.
Well ... hunting and gathering and agriculture tolerate even less pause.
Literally can't pause for a pandemic and they want us to choose the pandemic
If you're system is too weak too accept the hard truths of the world, like pandemics and natural disasters, maybe it's time to modify the system
With the obvious caveat that, the way the *current* economy works, a shutdown is disastrous for quite a lot of workers.
That's what I've been saying. But, what is next?
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