The globalized, industrialized, and incessantly-driven economic world that we live in is similar to an amateur riding a bicycle. The moment he bears a shock, there is a genuine fear of halting down and falling off the ridge. The COVID-19 Pandemic is fast-emerging as the greatest shock of our times to the world economy.
Graduate Fellow Writer
With curfews enforced by governments to save lives and ceasing of the economic activity, a recession has already begun. It is no wonder that every single indicator of economic activity is heading southward. Industries have closed down, roads are empty, flights are being canceled, and small-businesses are crashing. Even large corporations have begun to bleed. There are genuine doubts about when things will start to become normal again. As companies have started to layoff employees and roll back on hiring, this is the worst time to graduate from college for those entering the job market.
Continue reading “The Economic Disaster Wrought by COVID-19”
Sometimes it is hard to comprehend the magnitude of what is being glorified. Socialist rhetoric and how it led to the demise of Bolivia.
by Sofia Meador Sauto
I cannot help but laugh at my friend as she throws her middle finger up at capitalism and proceeds to tell Alexa to turn off her alarm. Can’t help but chuckle at the stereotypical anti-capitalist rebel, walking down Library Walk with her Birkenstock sandals, preaching about the wonders of all the “free” stuff socialism has to offer. Nor can I help but roll my eyes and smirk at the memory of my professor last quarter who while conveying a talk replete with anti-capitalism and anti-neoliberalism sentiment, dropped his Mercedes car keys. Have these people not seen the detrimental state their socialist wonders are in? Oh, the sentiment of self accomplishment these heretics must feel when going against their dysfunctional capitalist system.
Continue reading “Op Ed: Latin America’s League of Socialist Dictators and the Call to Stop Romanticizing Socialism”
COVID-19 Outbreak World Map.
Graduate Fellow Editor
It is safe to say that no other single event in the 21st century after the 9/11 attacks has had a greater impact in the geopolitical arena than the Coronavirus disease 2019 (COVID-19) pandemic. What began as a disease traced to a wet animal market in China, COVID-19 is already shaping geopolitics across the world. While in a democracy, civil rights groups would have almost surely ensured that no wild animals (let alone endangered species like pangolins) could be sold for consumption, in China, the authoritarian government has allowed wet animal markets to flourish. As a result, here we are, a delicacy for some has transformed into becoming a global pandemic with China itself as its biggest victim.
Continue reading “Op-Ed: COVID-19, “Pandemic Diplomacy,” and Re-shaping of the World Order”