👤

How does this speech give you an insight especially during this pandemic?​

Sagot :

Answer:

The clock of capitalism

For many, this feeling of stuckness is not new. Those who cannot keep up with the ever accelerating global flows of money, ideas, commodities and people often feel left behind. Critics of capitalism have therefore argued we need a slowing down of time.

In my work on postindustrial cities, I have studied our relationship with the future in times of economic crises. These crises are part and parcel of capitalism, as Marx told us more than 150 years ago. After the second world war, however, welfare states largely kept economic crises at bay.

But the 1980s neoliberal reforms of capitalism resulted in a dismantling of the welfare state. National governments stopped fathoming five-year plans. Just-in-time production and new technological developments, such as the internet, led to an unprecedented acceleration of time.

Temporally, neoliberalism has put humanity into crisis mode for several decades already. Without job security and in ever changing markets, many of us struggle to plan ahead – getting stuck in the present. The way to beat this stuckness is to “muddle through”, or as the British more heroically say, “keep calm and carry on”.

Many postindustrial cities, such as those in Wales and north-east England, have lost a take on their collective prospects. After years of industrial boom and high employment rates, many inhabitants now feel their towns have “no future”. The dismantling of local industries, such as mining, has led to high unemployment and unforeseen levels of migration out of the areas. The young and well-educated move away in search for jobs, while those who stay behind witness the slow decline of their hometown.

To overcome a lack of foresight and enforced presentism, their urban governments have had to reclaim the future planning rather than just responding to events. Despite ongoing decline, they have had to ask themselves: how do we want our city to look, say, in five years time?

Reclaiming the future

This applies to our current situation, too. Now is the time to think ahead about how life should look like in the post-COVID-19 future – we need to trick time further than for our personal households. Although a vaccine or proper treatment for COVID-19 is still not in sight, we have to try to shake the feeling of being trapped in the present. We now need to engage with the emerging politics of time, which will determine our near future.

For example, we will soon see different attempts at declaring an end to the pandemic, based on, for example, low numbers of new infections, and we should carefully assess them. We will also have to ask more fundamental questions about when this crisis is over: how can we solve the ongoing climate crisis? How can we prevent social inequalities in an unforeseen economic recession? How can we prevent another pandemic? The politics of time will also be crucial retrospectively: Have governments acted quickly enough?

Because the corona crisis has allowed us to experience a very different time, it will be interesting to see whether parts of this new normality, such as home offices and reduced mobility, will remain. But even if it is just an involuntary pause from capitalist times, we should reconsider neoliberalism’s temporal regimes of growth, decline and acceleration that have shaped life on Earth.

Our experiences of corona time has given us a training in temporal thought and flexibility. Humanity will weather this crisis, but there are others ahead. Perhaps then, it will be comforting to know that we can, and must, trick time and plan for the future – even when we feel stuck in the present.