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Foto del escritorAnálisis Efectivo

Martín González / Nora Haney Park Reflections


After holding the first virtual work meetings, more than with friends and corporate partners in Arkansas and Oklahoma, and living the experience of being confined by a virus that plagues all humanity for a period that already exceeds four months; Dear reader, once again I come, before you with the idea of speaking in wishes that allow us to discover the already immediate realities that are presented to us.


We are facing the most important world event that has occurred since the Second World War. The proportions of such an event are overwhelming and its impacts transcend economics. To cite, some data: The world stock markets have corrected their indexes downwards, which fluctuated between -30% and -40% in the last month of April-May; The international price of oil (Texas), has shown falls to a negative point, and in world average, the currencies have devalued at rates above 27% in recent weeks, (May 2020). Concluding with a trade balance of results and magnitudes yet to be seen.


No one was prepared to face an emergency of this kind. There is no risk management model that has foreseen measures to face this situation, not only from the economic point of view, but also social, cultural and political. It sounds like the end of time, but (great) economic and social measures are required to mitigate both the form and the effects of the crises that will be transferred to the population, and especially to the most vulnerable groups such as people without income, workers domestic, migrants and the most precarious and temporary employees in the United States, and in Latin America.


Health will have to be rethought and it will become a subject that will no longer be invisible. The inequalities will become much more serious these days when the differences that exist between families in relation to access to health services, the internet and social security become visible, and those that do not have it. In fact, it is already happening: In just a few weeks, hundreds of companies around the world have announced layoffs and suspensions, particularly affecting those who do not even have savings to replace the fall in their income from work.


Consequently, a hypothetical sustainable society could accept, under strict compliance with the precautionary principle, interesting developments in medically oriented genetic engineering in the same way that capitalism develops a global network of protected natural spaces. But what is important are the inertias that certain structural commitments (technical, political, economic, symbolic) impose on the general reproduction of the social system of the so-called new global order.


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