As the Streets Roar, 2020 Proves to Be One of Those Years
As the pandemic hits, two different countries face similar social distresses.
Half-year has come and gone. As July 1st and July 4th arrive, we realize this is a historical year.
No matter whether the planet comes back to the reality of pre- pandemic, 2020 will be a historical year. Economic and social analysis alike have new historical benchmarks. Any other recession will be measured against this one, every social uproar will be compared to the streets in 2020.
What the world is achieving is remarkable, at least by the symbolism it portrays. In China, the nature of the government as authoritarian and violent against minorities and social reforms alike is ever clearer. In the US, Princeton removed Woodrow Wilson name from their buildings; Confederate Flags are being banned all over the country. There is no going back, there only going forward or resting at the new “normal”.
We face structural shifts that spread from the economic to the social, changing the background in which the rest of the century will develop.
