“If the crisis goes on for long, unemployment could hit 20-30 per cent while economies could contract by 20-30 per cent … there will be no recovery. There will be social unrest. There will be violence. There will be socio-economic consequences: dramatic unemployment. Citizens will suffer dramatically: some will die, others will feel awful.” Jacob Wallenberg, Swedish industrialist, March 2020. Pages 85-86.
This opening statement appears to be pretty obvious considering there are riots happening in the Netherlands in opposition to lockdowns. More protest sprung up with businesses opening their doors defying orders to stay closed. Mask mandates go unenforced in some areas while the federal government pushes for double mask wearing. As I write this (2-19-2021), the US unemployment rate is at 6.3%, far from the 20-30% projected. However, as policies in the United States change and with the not too distance future bringing automation into the scene, we may see a rise of unemployment after the pandemic is over. The violence we are seeing today is not from unemployment its from the lack of liberty and freedom that the public expects and demands from the government. When security goes to far for too long you will see a backlash against those who claim to be protecting the public. At what point does the government resemble an abusive husband more than a police officer patrolling the streets?
“Over the past six years, nearly 100 African Americans have died in police custody, but it took the killing of George Floyd to trigger a national uprising.” Page 86.
This statement overall, is false. The 100 African Americans mentioned were not in police custody. Most of them were armed while confronting police. In the cases of those who were not armed the police were investigated, brought up on charges and sent to prison if found guilty of wrongdoing. As for the case of George Floyd several factors are left out in this chapter regarding the large amounts of methamphetamine, cocaine, and heroine in his system. Then there was the portion of the video that was removed for 6 months showing Floyd demanding that officers hold him on the ground. The knee on the neck was a properly performed technique according to the standards of the police department that trained them to do it. As for BLM being a movement caused by a pandemic, that fails to be seen. BLM is an organization run by black women for the removal of men from society. Their platform on their website states they want to dissolve the nuclear family. The only purpose George Floyd served was as an excuse to push their communist agenda into American society under the disguise of equity and equality. Add the fact that it was an election year and that we haven’t heard a peep from BLM since Biden became president and I think the “uprising” argument remains dead in the water. The last time we heard from BLM was their disappointment that they were not invited to talks with the Biden Harris administration after their alleged election victory. Never underestimate the power and stupidity of useful idiots. The only way that Covid-19 became a factor during the riots as the socially acceptable ability for a person to wear a face mask in public and not be identified while committing a crime. The riots, till this day, remain the most eye-opening aspect of these lockdowns. A man throwing a ball with his daughter in a park will be arrested for not adhering to lockdown orders. Wear a mask, go out at night, break windows, burn down a few buildings, scream black lives matter and you will be released in the morning by the district attorney with no charges filed. If the riots showed us anything, it wasn’t about racial inequality, it was that the lockdowns didn’t matter.
“Social unrest negatively affects both economic and social welfare, but it is essential to emphasize that we are not powerless in the face of potential social unrest, for the simple reason that governments and to a lesser extent companies and other organizations can prepare to mitigate the risk by enacting the right policies. The greatest underlying cause of social unrest is inequality. The policy tools to fight unacceptable levels of inequality do exist and they often lie in the hands of governments.” Page 88-89.
If you want to fight inequality do not give the power to the government. If you want to look at the history of social unrest you don’t have to look any further than the drug war waged by the federal government since the 1970s, the crack epidemic of the 1980s, The Violent Crime Control and Law Enforcement Act of 1994, or the wall street bail out of 2009. We could go back further, maybe look at the LA riots of 1992. None of these were caused by inequality. The problems didn’t spring up due to unfair hiring practices, or bad schools. Should we really be looking to the same government that pumped crack cocaine into the streets, jailed black men at an alarming rate, left the public to rot while handing over hundreds of billions of dollars to Wall Street, that is the government that Schwab wants to fix the problem of inequality? The same government that is unable to hand out a check to the public without billions going to dead people, foreign citizens, and fraud. The government is unable to balance a check book, why would we trust them with setting things right in the world? According to the current administration the concentration camps in China are okay because they have a different culture from us. I do believe that the German’s had a different culture from the US before WWII but maybe our standards have changed since then. The only thing the government has proven themselves good at its mismanagement of funds and making bad decisions. If Schwab thinks inequality is bad now, wait until the government steps in to fix it, he hasn’t seen nothing yet.