Yeni Birlik, 30 March - 8 April 2020
Is not possible... Romanian writer Paul Goma died in Paris at the age of 84 as a result of coronavirus infection. Then the explanation of Engin Ardıç comes to my mind. "In 1967, when passing through Bulgaria, I realized that, the working class of Bulgaria were worse than ours. This bitter truth saved me from joining socialists".
Everyone thinks about health issues, but some can see the fact that “never let a good crisis go to waste”. So, who is managing today's crisis? The global outbreak affected sectors like air transportation and tourism, calls for an economic model “under state control”. Last week in France, the government was given the power to control mobility of people, as well as price control. A ban on grain exports imposed by Russia. Also, state control means an increase in public sector borrowing.
I remember the anti-tourism movements in Venice and Barcelona. Now, you can’t see two people standing side by side. As a result of worsening conditions, cricital assets began to change hands. We can start by tracking sales to foreign investors in the aviation and tourism sectors.
A recent development sheds light on us. The Hungarian parliament gave power to PM Orban for ruling the country with decrees and suspend the enforcement of certain laws. Will Orbán use the pandemic as a pretext to complete his authoritarian regime? Also there is an argue about judicial independence. The new plans would also see up to five years of imprisonment for those accused of spreading misinformation. Some consider the law as the end of independent media in Hungary.
These changes are not only for Hungary. Most governments want to take action against pandemic and international threats. In a world of increased security concerns, this virus has revealed things just below the surface. Like the big storm in Scotland which uncovered the Viking cemetery. If such a cemetery uncovered, a survey will begin soon.
There is a joke, maybe you know, a two-person plane crashed into a cemetery on the Black Sea coast. The rescue team led by Mr. Temel removed 43 bodies from the wreckage and concerned about the increase in the number of casualties.
Governments may take advantage of this crisis and implement their drastic change plans. For some governments, we may talk about the modeling of China as an economic power while it has been rising politically. New strategies of giant corporations will be critical. In some places, it may reach beyond Mercantilism or Keynesianism. Mr. Temel can dig the ground more. He may also be looking for gold in the cemetery. It can also reach state capitalism. The idea of state controlled public companies may fit the virus economy. Sectors such as agriculture and health started to plan.
USA Government’s approach on these issues will be decisive. They have been analyzing China for a long time. I remember Tony Karon’s article published in the Time magazine. He said that, as Western democracies shuffle wheezily forward, China’s economy having lifted some half a billion people out of poverty over the past three decades and rapidly created the world’s largest middle class to provide an engine for long-term domestic consumer demand. It is possible to see Covid-19 as a catalyst, an accelerator for political changing process.
Let's remember Paul Goma again, once he wrote a letter addressed to Ceaușescu and told that: “In Romania, only two people are not afraid of the Securitate, your excellency and myself.”
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