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We invite you to an online debate aimed at addressing the economic developments, challenges, and opportunities arising in the wake of the Covid-19 pandemic as seen from a leftist angle. Several left-wing politicians, activists, and academics have argued that the economic crisis we are currently experiencing will only worsen in the time to come. We learn from our history and considering the outcome of the last financial crisis in 2009, the consequences are expected to hit poor and marginalized groups disproportionally.
The left-wing is therefore making a call to action by addressing the pressing issues arising from the corona pandemic. They argue that the existing healthcare system covers the population unequally and unevenly. To battle the last crisis the healthcare system has been subjected to various policies of privatization in most countries thus allowing the introduction of the profit motive in a core public service. The resulting lower quality of public healthcare has caused opposition in the population. The increasing support for the Left has led it to go one step further and to argue that the time has come for a push for a more democratic distribution of ownership.
Following this development, we have invited the economist Karen Helveg Petersen (Ph.D.) to an online debate aiming to address challenges and opportunities arising from the corona pandemic. Dr. Helveg Petersen will address the issues of the uneven effects of the recession on the different countries and the increasing concentration of market power during the pandemic, and explain this development in relation to the increasing popularity of the Left.
This is the second in a series of eight online debate meetings addressing the economic prospects relating to the ongoing corona pandemic. We seek to map strategies, opportunities, and dilemmas for the Left. This debate will focus on the economy during the pandemic by presenting and comparing it to the experiences during and after the last financial crisis. What, if anything, have we learned since 2009? Will our recovering effort be better this time? And is the Left being overoptimistic in its assertions of possibility to alter the recent socioeconomic developments?
Online debate with political economist Karen Helveg Petersen, the author of Rent Capitalism: Economic Theory and Global Reality (2017) and consultant within international development, especially Africa. DEO’s chief analyst Rasmus Nørlem Sørensen will moderate the debate.