2020/07/28

I'm With Cathy O'Neil on This One


"The aftermath of the coronavirus is likely to include a new political uprising—an Occupy Wall Street 2.0, but this time much more massive and angrier. Once the health emergency is over, we will see the extent to which rich, well-connected and well-resourced communities will have been taken care of, while contingent, poor and stigmatized communities will have been thoroughly destroyed. Moreover, we will have seen how political action is possible—multitrillion dollar bailouts and projects can be mobilized quickly—but only if the cause is considered urgent. This mismatch of long-disregarded populations finally getting the message that their needs are not only chronically unattended, but also chronically dismissed as politically required, will likely have drastic, pitchfork consequences."

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