[N]ow we know that the whole community is bound in common destiny... It always has been, but... we now feel it more accurately, and there will be dem… - Ha-Joon Chang

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[N]ow we know that the whole community is bound in common destiny... It always has been, but... we now feel it more accurately, and there will be demands... for... greater respect, even for marginalized groups [etc.]... That will create further pressure towards... more emphasis on universal human rights [etc]... However, whether that actually gets translated into laws and international conventions... [I]t's going to be a long struggle, but... to be... forthright... humanitarian progresses have seen many setbacks recently... Trump, Bolsanero, Brexit [etc.]... but... 200 years ago a lot of people... thought it was perfectly okay to buy and sell people... 100 years ago Britain and many other countries put women in prison for asking to vote, and only 78 years ago the founding fathers of today's developing nations, Nkrumah, Kenyatta... these people were all hunted down by the British and the French as terrorists, 40 years ago Margaret Thatcher famously said that anyone who thinks there will be a black majority to rule in South Africa ever, is living in a cloud cuckoo land... but all of these things were achieved, not by luck, but because people organized and fought for them, and... in the long run this crisis might be an occasion for those movements to be more... galvanized... become more international... and have greater chance at success.

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About Ha-Joon Chang

(Hangul: 장하준; hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in . Currently a reader in the Political Economy of Development at the University of Cambridge, Chang is the author of several widely discussed policy books, most notably Kicking Away the Ladder: Development Strategy in Historical Perspective (2002). In 2013 Prospect magazine ranked Chang as one of the top 20 World Thinkers.

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[N]ow the UK government is... paying 80% of salaries of millions of workers, although this is supposed to wind down over time. ...[T]he German government ...so famous for , basically abolished this law that put the ceiling on public debt because... the German government realized that they... cannot manage this... in compliance with that law... Many governments are... subsidizing, and lending at subsidized interest rates... [to] many many companies. Some governments are talking about issuing [s] with the negative interest rate... Every conventional wisdom in the neoliberal playbook has been... destroyed.

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[I]n the United States... official unemployment is at... 15-16% but if you count the... number of people who have become newly unemployed, counted by... unemployment insurance claimants, basically American unemployment rate is nearly 30%. ...During the Great Depression the only other economic crisis comparable in scale... the highest unemployment rate in the US was in 1933... at 25%.

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