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Don't Let Another Crisis Go to Waste: The COVID-19 Pandemic and the Imperative for a Paradigm shift
Feminist Economics ( IF 3.3 ) Pub Date : 2021-03-01 , DOI: 10.1080/13545701.2020.1867762
James Heintz 1 , Silke Staab 2 , Laura Turquet 2
Affiliation  

ABSTRACT

The COVID-19 pandemic revealed how globalized, market-based economies critically depend on a foundation of nonmarket goods, services, and productive activities that interact with capitalist institutions and impact market economies. These findings, long argued by feminist economists, have profound implications for how we think about our economic futures. This paper shows how lessons from the ongoing COVID-19 pandemic can inform how people think about the future of our economies and, specifically, how to address a trio of interlocking crises: care work, environmental degradation, and macroeconomic consequences. Drawing on these lessons, this paper argues for a necessary paradigm shift and discusses the implications of such a shift for social and economic policies.

HIGHLIGHTS

  • The pandemic highlights the interlocking crises of care, the environment, and macroeconomics.

  • COVID-19 underscores the centrality of care in our economies.

  • The intensifying environmental crisis illustrates the neglect of nonmarket processes in dominant policy approaches.

  • The biggest contradictions in our economic systems result from the interactions between capitalist institutions and the nonmarket sphere.



中文翻译:

不要浪费其他危机:COVID-19大流行和模式转变势在必行

摘要

COVID-19大流行揭示了全球化,基于市场的经济如何严重依赖与资本主义机构互动并影响市场经济的非市场商品,服务和生产活动的基础。女权主义经济学家长期以来一直在争论这些发现,对我们如何看待经济前景具有深远的影响。本文展示了从持续发生的COVID-19大流行中获得的经验教训如何能帮助人们思考我们经济的未来,特别是如何解决环环相扣的三重危机:护理工作,环境恶化和宏观经济后果。借鉴这些经验教训,本文提出了必要的范式转变,并讨论了这种转变对社会和经济政策的影响。

强调

  • 这场大流行病凸显了护理,环境和宏观经济学的相互关联的危机。

  • COVID-19强调了护理在我们经济体系中的中心地位。

  • 日益加剧的环境危机表明,在主导性政策方法中对非市场程序的忽视。

  • 我们经济体系中最大的矛盾源于资本主义制度与非市场领域之间的相互作用。

更新日期:2021-03-29
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