17: The Coronavirus Crisis 4: Looking to the Future

The Coroavirus Crisis: Looking to the Future. Part IV of: What Type of Crisis is This? A lecture in four parts for Ars Electronica 2020. The coronavirus shock will change society and it will not be possible to return to the "normal state of affairs" we had before the crisis. Two scenarios are outlined: (1) In the negative scenario, the coronavirus shock will bring little change on the surface, but will, in fact, fundamentally reshape the political shell that surrounds capitalism. This is explained in analogy to developments after the 2008 financial crisis, in which the elites who caused the crisis were not challenged and held accountable. In this thoroughly realistic scenario, a new authoritarian form of capitalism can emerge, in which the new power for the states is also expanded into new forms of surveillance. (2) The positive scenario ties in with many historical experiences in which the world was improved after crises. We are currently experiencing a redesign of political action that contains positive moments such as new forms of talking collectively about fears, new forms of solidarity with strangers and the experience of how important and powerful politics can be. Perhaps in this scenario it may be possible to combine the corona shock with concerns about the coming ecological crises and to take effective steps to mitigate them. Credits: The videos were edited by Niko Mayr Walter Ötsch ist Professor für Ökonomie und Kulturgeschichte am Institut für Ökonomie der Cusanus Hochschule für Gesellschaftsgestaltung https://www.cusanus-hochschule.de/ https://www.walteroetsch.at