Question

What do you think about the future of the neoliberal policies after covid 19 ?

Answer 1

Neoliberal policies have always been inclined towards the interest of profit and interest of the private sector of businesses but with the ongoing pandemic, policies have been seriously discussed, both political and economic and it has brought us at a crossroads where the impact has already signaled towards the fall of neoliberalism. Governments have already started intervening more in the public sector, proving yet again the relevance of public sector activities and its necessity for our survival as a race. What this incident has shown us is the lack of solidarity shown on a global scale, between the different countries and how, in such times, the only way businesses, society and the economies can prevail is through working together. It also shows that things could be done differently and that healthcare should be a priority for a country, just as much as its private sector business industries. It is therefore bright for us at the horizon which shows the significance of the presence of other alternatives beyond neoliberalism and we, therefore, a solid probability exists that we would need to create systems that create this solidarity beyond just crisis prevention and mitigation.

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