CHANGE ONLY THROUGH CRISIS? Reflections on strategies for paradigm shift in an age of coronavirus and environmental breakdown

Laurie Laybourn-Langton ()
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Laurie Laybourn-Langton: Institute for Public Policy Research (IPPR)

No 6, Working Papers from Forum New Economy

Abstract: The emergency measures undertaken in response to the COIVD-19 pandemic constitute an unprecedented break from the norms and practice of the prevailing political-economic paradigm—the predominant set of economic theory, policies and narratives. Public health has always been a major driver of changes in political economy because it is a systems-focused approach, providing an effective mechanism for conceiving of and acting against the failings of socioeconomic systems. Into the future, the nature of crisis is changing, foremost as a result of critical anthropogenic destabilisation of climate system and the wider biosphere. The resultant increasing frequency and severity of environmental shocks can be transmitted across socio-economic systems, which are already experiencing acute stress, destabilising them over a period in which they must undergo rapid structural change—all of which presents unprecedented threats and opportunities to those seeking paradigmatic change.

Keywords: political-economic paradigm; pandemics; environmental breakdown (search for similar items in EconPapers)
JEL-codes: B20 E65 N14 N92 N94 Q00 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2020-12
New Economics Papers: this item is included in nep-env and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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