06/23/2020

The Coronavirus Recovery is an Opportunity do to Everything Differently

How it could be a chance to avoid going back to normal

As cities reopen even while global COVID-19 cases continue to grow, most people are wondering when things will truly get back to normal. In a TED2020 talk on Monday, economist Mariana Mazzucato said that it’s the wrong question to ask. “Really, my view is that we need to do everything we can not to go back to normal, because normal was part of the problem,” she told the virtual audience.

The “normal” healthcare system was broken. The economy, with problematic corporate governance and business structures, wasn’t working, as inequality has skyrocketed over the last few decades in places such as the U.S. The climate crisis hasn’t gone away. “This is really an opportunity to fix those underlying sources, but also to do capitalism differently,” she said.

As cities reopen even while global COVID-19 cases continue to grow, most people are wondering when things will truly get back to normal. In a TED2020 talk on Monday, economist Mariana Mazzucato said that it’s the wrong question to ask. “Really, my view is that we need to do everything we can not to go back to normal, because normal was part of the problem,” she told the virtual audience.

Please select this link to read the complete article from Fast Company.