CORONA CRISIS  |  WORKING PAPERS

Change only through crisis? Reflections on strategies for paradigm shift in an age of coronavirus and environmental breakdown

by Laurie Laybourn-Langton

PUBLISHED

1. SEPTEMBER 2020

Abstract

The emergency measures undertaken in response to the COIVD-19 pandemic constitute an unprecedented break from the norms and practice of the prevailing political-economic paradigm—the predominant set of economic theory, policies and narratives. Public health has always been a major driver of changes in political economy because it is a systems-focused approach, providing an effective mechanism for conceiving of and acting against the failings of socioeconomic systems. Into the future, the nature of crisis is changing, foremost as a result of critical anthropogenic destabilisation of climate system and the wider biosphere. The resultant increasing frequency and severity of environmental shocks can be transmitted across socio-economic systems, which are already experiencing acute stress, destabilising them over a period in which they must undergo rapid structural change—all of which presents unprecedented threats and opportunities to those seeking paradigmatic change.

ABOUT CORONA CRISIS

KNOWLEDGE BASE

The Corona pandemic poses new kinds of challenges for global economic and social policy making and has further intensified an already existing need for action. Economists are working hard on mitigating the economic effects.

STUDIES OVERVIEW