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Topic: We need a economic revolution right now . (Read 1110 times)

member
Activity: 1302
Merit: 25
September 23, 2020, 06:23:17 AM

but eventually - it will be a okay.

It is surely so that covid-19 won't take our lifes all. We have survived the scourge as the news of the vaccine is ringing on the globe, it means hope is around for humanity. We just need to always keep to the rules by the government about preventions and social distancing.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 21, 2020, 04:01:44 PM
the economic revolution is not easy, there needs to be a role from the government...
The outbreak this time really made the economy collapse, the panic that occurred was mostly caused by the government that was unable to find the best solution and also citizens who are bored at home + wear masks on the street.
Revolutions for the most part happen outside of the influence of the government and the reason for this is that governments want to maintain the status quo while revolutions by default change things to the point the world becomes unrecognizable after a few years, if the next crisis is as big as the big depression then without a doubt a revolution will have to happen as people are not going to sit down and wait for the government to solve things, they will do it themselves despite the opposition they may face from the government and those at the top.
newbie
Activity: 61
Merit: 0
September 18, 2020, 06:32:32 AM
Its been what, like 5-6 months since this thread started.
And I can completely relate to the message was sent back then, but now I can claim - its not as bad as we were imagining it.
And my brain tells me - it won't be catastrophical, people will die, there will be less money in our pockets, but eventually - it will be a okay.
jr. member
Activity: 96
Merit: 3
September 17, 2020, 10:46:11 PM
the economic revolution is not easy, there needs to be a role from the government...
The outbreak this time really made the economy collapse, the panic that occurred was mostly caused by the government that was unable to find the best solution and also citizens who are bored at home + wear masks on the street.
You can't blame the government alone for the economic situation right now, it is also the citizen's fault not all of us but most of us don't want to wear mask when going out, going out for unecessary things that can risk us to the virus, yed i agree in some point that government didn't have much of a plan on fighting the virus and keeping their people stable but everything must start within ourselves, if everyone is disciplimed enough even without the instructions of the government you can help prevent the spread of the virus. But of course some people really needs to go out to make some money specially those people who are not that rich and are struggling in earning money, those things should be taken care by our government, every one has its part on this situation so every one should do their parts and we can see a progress.
sr. member
Activity: 2338
Merit: 365
September 17, 2020, 05:27:33 AM
the economic revolution is not easy, there needs to be a role from the government...
The outbreak this time really made the economy collapse, the panic that occurred was mostly caused by the government that was unable to find the best solution and also citizens who are bored at home + wear masks on the street.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 16, 2020, 04:02:27 PM
The question I keep asking is, what exactly are we going to do? People are completely divided in a situation like this and we are just confused with being left with two unfavorable options, either to stay indoors and wait out the virus while hunger kills us or keep going outdoors and the keeps multiplying.

Worst part of it is that the government will never be able to keep people indoors and stop the virus from spreading, even when they try to do so, the virus keeps on spreading. Most people now has decided that they are not ready to stay indoors since the spread never stops. Assuming that when we were indoors the virus stops spreading, then it would have been a good idea to continue with it.
We could get somewhat the best of both worlds if people went outside and they took the precautions necessary to slow down the spread of the virus, but there are many problems with this, to begin with this takes time and people do not want to spend the time necessary to reduce the chances they will infect themselves or others, then there is the cost, it is more expensive to run a business if you try to protect yourself and your clients, and finally it has a cost in terms of comfort, anyone that wears a mask will agree that is very uncomfortable and many people that are wearing masks on the street are not wearing them correctly defeating the purpose of wearing a mask on the first place.
hero member
Activity: 2128
Merit: 520
September 15, 2020, 05:22:52 AM
No need to panic. The coronavirus is not so dangerous for humanity as to take special measures for a long period. So far, we see that it is precisely the tough measures taken to combat the coronavirus that have caused more harm to people than good. Now people in many countries are protesting against tough quarantine measures and therefore governments are afraid to return to them despite the new wave of coronavirus.
LOL Not dangerous for humanity?have you checked how many died already and dying every day?
have you check how many are still fighting for their life now in Hospitals and even in their houses?
Life is much important than what you are saying.
Life will be back in normal if all people follow the rules and will wear mask and face shields and also keeping distance to each other and watch every things that we will be holding.
hero member
Activity: 1400
Merit: 536
September 15, 2020, 04:36:54 AM
I don't know when an economic revolution will come, but I definitely think this revolution will come. The economy and industry no longer work the old ways, and the industries are no longer needed humans as in old times.So who can imagine that the workers who work in the factory all day, and bosses who don't want to buy a robot instead of 10 workers.
member
Activity: 252
Merit: 11
September 14, 2020, 08:34:17 AM
When the influence of capitalists increases in a country and the helpless people of the society are discriminated against by them then revolution is needed. But there is no possibility of a revolution at the rate at which the country's economy as well as the people have been affected by the epidemic there is nothing to panic about. After Japan its successors  cities like South Korea, Taiwan, and Hong Kong and Singapore adopted completely different development strategies.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
September 14, 2020, 02:04:46 AM
No need to panic. The coronavirus is not so dangerous for humanity as to take special measures for a long period. So far, we see that it is precisely the tough measures taken to combat the coronavirus that have caused more harm to people than good. Now people in many countries are protesting against tough quarantine measures and therefore governments are afraid to return to them despite the new wave of coronavirus.
see from the many patients who are positive for corona, indeed the coronavirus is not as dangerous as presented by the media but it must be underlined for the unfortunate (those with weak immunity) this disease is very killing.  Weak immunity can cause other diseases that have lodged in the sufferer's body to become more deadly.  this is the reason why the majority of patients who die from COVID 19 are those who are over 60 years old or who have a history of deadly diseases in their bodies..
sr. member
Activity: 2352
Merit: 245
September 13, 2020, 01:27:50 AM
No need to panic. The coronavirus is not so dangerous for humanity as to take special measures for a long period. So far, we see that it is precisely the tough measures taken to combat the coronavirus that have caused more harm to people than good. Now people in many countries are protesting against tough quarantine measures and therefore governments are afraid to return to them despite the new wave of coronavirus.
full member
Activity: 455
Merit: 102
September 13, 2020, 12:52:46 AM
The question I keep asking is, what exactly are we going to do? People are completely divided in a situation like this and we are just confused with being left with two unfavorable options, either to stay indoors and wait out the virus while hunger kills us or keep going outdoors and the keeps multiplying.

Worst part of it is that the government will never be able to keep people indoors and stop the virus from spreading, even when they try to do so, the virus keeps on spreading. Most people now has decided that they are not ready to stay indoors since the spread never stops. Assuming that when we were indoors the virus stops spreading, then it would have been a good idea to continue with it.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
September 12, 2020, 05:38:18 PM
Although this is what we actually need to make things all better, I do not believe the world is ready for an economic revolution at this moment.
In Africa, where a large percentage of the population live under $1 per day, things have only become worsened. A lot of people have only suffered more hardship by the lockdown effect. As bad as this is, it cannot prepare them for an economic revolution.
Someone said we're already in the period of economic revolution through the cyberspace and Internet. This might be correct but a larger percentage of people, especially in Africa, are illiterate and don't even have access to the internet. Until these measures are put into place, the economic revolution cannot reach it's full potential

member
Activity: 868
Merit: 15
September 12, 2020, 01:30:05 AM
Industrial Revolution 5.0 is the answer. but it still needs to wait several years so that the human resource is ready, namely generation Z. because it can help fill the gap between the rich and the less fortunate so that it is no longer confused about capital, but the use of data that connects and moves everything.

Yes, economic revolution is never possible this requires the support of every country and the revolution requires a lot of troops but in the event that the whole country is affected by the epidemic, they need a lot of time to overcome it and cannot think of a new revolution. The economy has gone down so much that if the revolution starts it will be difficult to survive.
sr. member
Activity: 1316
Merit: 254
United Crowd
September 11, 2020, 06:39:08 PM
Industrial Revolution 5.0 is the answer. but it still needs to wait several years so that the human resource is ready, namely generation Z. because it can help fill the gap between the rich and the less fortunate so that it is no longer confused about capital, but the use of data that connects and moves everything.
member
Activity: 356
Merit: 10
September 11, 2020, 09:38:36 AM
#99
I think, Economic revolution applies to few countries..For those countries in the third world country it would be hard to cope up with the standards and guidelines.. whoever initiates to implements this should be very careful and study it thoroughly as it might affects the behaviour of the community.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
September 11, 2020, 08:46:34 AM
#98
We are in an economic revolution that is cyberspace. Compared to previous revolutions this revolution is quieter and more complicated because it is located on the internet. Corporations and governments are working hard to collect user data for economic and defense activities. Governments can also access information from other countries to exploit them. Nowadays, computers have replaced humans to do many things and take a lot of human work. In the future blockchain will save people decades of development. The country that develops blockchain early will win.

it's possible but no one guarantees who the first developer will become a more developed country first, more efficiency in its management.
as if the snail is racing against the rabbit even if the snail starts early the chances of the rabbit winning are still very high.
sr. member
Activity: 2436
Merit: 455
September 11, 2020, 12:11:00 AM
#97
It may sound so pleasant to the ears, but trust me, revolution isn't like that.

There are a lot of unfortunate events that are happening right now. It's awful to hear bad news everyday. But economic revolution won't totally solve the problem. As a matter of fact, it can be a problem itself.

For a revolution to happen, there would be violence. It can't be helped. To change what majority were used to won't be so easy and it would take years and many lives just to be done. And if ever it was successfully granted, it doesn't always work like how we perceived it to be. There are history that after a revolution happened, their situation got worse because some people took advantage of the scenario for their own benefit and self-interest. Like what happened in the Philippines during EDSA People Power Revolution. They ousted a vile dictator, only to be lead by a corrupt and inhumane one again.

To make an economic revolution is to revamp the whole system itself and not just some part of it. Otherwise, the cycle would just go on and on, just in different leaders and timelines.
member
Activity: 868
Merit: 15
September 09, 2020, 08:31:39 AM
#96
Although everything has improved in line with the advancement of blockchain technology there is no need for an economic revolution at the rate at which the economy has been damaged by the effects of the epidemic. Many people are living in despair as everything is closed and it has turned into a revolution. If everything is opened, production will become normal but it will take a long time farmers suffer a lot in the production of goods.
hero member
Activity: 1974
Merit: 534
September 09, 2020, 07:00:22 AM
#95
I think the economic revolution is about changing the way of production or management. Recalling the industrial revolution and the technological revolution. Benefits only bring to the rich and powerful, the unemployed and the poorer. Currently, AI and blockchain are threatening jobs for accountants and several industries related to finance.
COVID 19 has far more repercussions than financial events, and they are still puzzled by situations like these.
Economic development is important, but how economic management is more important. Rapid development is not necessarily good, large-scale but unstable, only worse when unexpected events like the last pandemic occur.

The corona pandemic has definitely a huge impact in our economy. We are seeing a lot of chances in how we are doing business and working in general. Already before the pandemic we could see that industries were being automated and more and more people were laid off in the industrial sector. In the real estate sector we are seeing such trends directly. A lot of old construction facilities are being refurbished into residential apartments or into office space. The recent demand in office space should be dropping off due to corona and the rise in home offices.
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