When the Free Market met the Coronavirus When the Free Market met the Coronavirus

When the Free Market met the Coronavirus

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Publisher Description

The author tries to explain with the example of the Coronavirus pandemic of 2020 how capitalism is not the best system in every situation. When confronted with a non-economic catastrophe such as this hugely contagious disease, the free market broke down and the entire world's economy has practically shut down. In these sort of situations, strong government intervention is necessary, not just to solve the immediate health crisis, but also to bring the economy back to life and safeguard the welfare of millions of people worldwide who lost their jobs.
This book is not totally anti-capitalism, but its goal is to highlight some problems with unfettered capitalism, and to point out that the markets are not as free as people may think. It is organized as eight chapters with each chapter's title posing a provocative rhetorical question, which at first glance may seem to have an obvious answer. But the chapter points out some of the inherent contradictions and double-standards when looking through eyeglasses worn by a capitalist and champion of free markets. Thereby it makes arguments to prove that the answer to the question posed in the title may not be so obvious after all.
As mentioned in the concluding chapter, the goal of the book is to make the reader question some of the notions he or she may have grown up on and always believed. It is necessary to think outside one's normal range and look at the big picture for the global community to tackle even bigger problems in the future such as climate change and environmental harm.

This book is a mixture of topics spanning across economics, human behavior, politics and philosophy. It is the author's own, independent views and not influenced by any particular ideology or political belief. The author is registered as an independent voter, and the goal of this book is not to favor some particular politician or party.

GENRE
Politics & Current Events
RELEASED
2020
April 24
LANGUAGE
EN
English
LENGTH
60
Pages
PUBLISHER
Tom Payyappilly
SELLER
Draft2Digital, LLC
SIZE
196.6
KB

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