How to see the COVID-19 crisis?
Kumar Aman
Head, Corporate Affairs, Public Policy, CSR & Corporate Communications | REX Fellow | The views expressed in posts, likes, and shares are personal
Is it naturally caused from Animal to Man transfer or do we believe it is a BioLogical Creation?
To answer this let's take a dive in History. After spreading Coronavirus throughout the world while keeping themselves silent on this deadly situation at the first stage; now China has come forward to supply face masks and other surgical items to ease its shortage in the leading economies of the world. It is evident from this theory that despite all the nations are struggling for meeting up requirements for their urgent medical attention and at the same time governments are making efforts to overcome the unprecedented coronavirus pandemic on coronavirus, China on contrary is now full-on production to supply the required items to different nations, in need.
To understand this unprecedented coronavirus pandemic situation, we have to understand that the situation is similar to World War - II where there’s no bullets and explosives being used but people are still being killed by the silent virus, or it's better to say China’s incubated Virus.
And we need to understand why this is happening; it’s because now China wants to lead the economies of the world and become more powerful and important than Russia and the United States. Do we remember that after World War - II, America’s response to World War II was the most extraordinary mobilization of an idle economy in the history of the world? During the war 17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled. The government expenditures helped bring about the business recovery that had eluded the New Deal. War needs directly consumed over one-third of the output of industry, but the expanded productivity ensured a remarkable supply of consumer goods to the people as well. America was the only that saw an expansion of consumer goods despite wartime rationing. BY 1944, as a result of wage increases and overtime pay, real weekly wages before taxes in manufacturing were 50 percent higher than in 1939. The war also created entire new technologies, industries, and associated human skills.
The war brought full employment and a fairer distribution of income. Blacks and women entered the workforce for the first time. Wages increased; so did savings. The war brought the consolidation of union strength and far-reaching changes in agricultural life. Housing conditions were better than they had been before.
In addition, because the mobilization included the ideological argument that the war was being fought for the interests of common men and women, social solidarity extended far beyond the foxholes. Public opinion held that the veterans should not return jobless to a country without opportunity and education. That led to the GI Bill, which helped lay the foundation for the remarkable postwar expansion that followed. The war also made us more of a middle-class society than we had been before.
It is no exaggeration to say that America won the war abroad and peace at home at the same time. No doubt the historical conditions of America's economic surge during World War II were singular. But we have much to learn from that achievement as we face our troubles today.
Historians, economists, and politicians have long wondered why this remarkable social and economic mobilization of latent human and physical resources required a war. The answer, I think, is partly ideological. World War II provided the ideological breakthrough that finally allowed the U.S. government to surmount the Great Depression. Despite the New Deal, even President Roosevelt had been constrained from intervening massively enough to stimulate a full recovery. By 1938 he had lost his working majority in Congress, and a conservative coalition was back, stifling the New Deal programs. When the economy had begun to bounce back, FDR pulled back on government spending to balance the budget, which contributed to the recession of 1938. The war was like a wave coming over that conservative coalition; the old ideological constraints collapsed and government outlays powered a recovery.
For a time the government became the purchaser of one-half of all the goods produced by the American people. A magnificent and little-appreciated fact, however, is that even though the government intervened far more deeply than in World War I by imposing wage and price controls and surtaxes, raising funds through war bonds, rationing goods, and compelling industries to work for war production FDR negotiated a sense of partnership rather than simply imposing the government's will.
And a similar situation is being prepared and we can see how China plans the entire plotting. Very soon we shall witness that China shall become a superpower who shall lead the economics of the Nations because, despite Coronavirus spreader to every nation of the world, it didn’t spread out of Wuhan, the sprawling capital of Central China’s Hubei province, a commercial centre divided by the Yangtze and Han rivers.
No one can stop China Now and even if we realise the motives, it’s too late to stop as the damage has already been done. And this is all because China now wants to surpass all credits the United States possessed and become the new Superpower.
Head of Marketing & Sales and Quality Department at Mahanadi Coalfields , Orient Area
4 年Off-course its a Bio-Weapon!