We are witnessing extreme government responses to the corona virus threat, yet we have not seen yet extreme responses to environmental threats like climate change….two different types of external threats that have different real or perceived risk to the survival of the rich/of the supply side of the market; and which have different entangling features on the rich/supply side of the market….
It is the type of risk and they type of entanglement to that risk that should be expected to lead the rich/supply side of the market to lobby governments for specific government responses to specific threats in economic science based liberal democracy under inequality and external threats. And this raises the question, When should we expect to see extreme government responses to external threats in this system? What do you think?
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