Regulation, tariffs and reform of supply chains: neoliberalism under pressure?

By Mike Scrafton | For the moment, reducing reliance on overseas supply chains appears to be a big lesson out of the COVID-19 pandemic. But reluctance to regulate corporate and commercial activity has been a hallmark of governments across the world. Are neoliberal governments capable of reversing the direction they have been taking for three or four decades?

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Liberal democracy: the prognosis post-COVID-19

Liberal democracy still has a way to go before getting out of the ICU. Diagnosed with an underlying co-morbidity prior to the pandemic, it will be fortunate to survive without an ongoing need for respiratory support.

Governments have assumed extraordinary powers without a great deal of parliamentary or public debate, or clarity about why those powers were essential, or under what circumstances they will be extinguished.

Many see in the measures the potential for civil liberties and human rights to be eroded and for illiberal and autocratic tendencies to supplant liberal democratic values. The measures’ insidious potential is magnified by the willingness of governments to use questionable behavioural science to shape public attitudes and responses.

The prognosis for liberal democracy post-COVID-19 is not auspicious.

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