2020-07-09

First devastating societal blow in Late-Modernity (14)

Part 6.   The paradox of humanity’s predicament


6.1. Modernity, is the greatest achievement of humanity but it fosters life extinction


6.2. the shift in the governance-world leads to uncertainties

2020-07-03

First devastating societal blow in Late-Modernity (13)

5. A gradual shift from a Western to an Eastern model of society


5.3. Covid-19 is a first fatal blow to Late-Modernity


Covid-19 did not collapse national economic systems as is portrayed in Western mainstream media. It was merely the catalyst that activated the clean-up of the many severe imbalances that had been accumulating since the nineteen-eighties which then exploded after the  great recession of 2007-2008 :