For a long time, proponents of capitalism have said that jobs or capital is not lost in a capitalist system, rather it is transferred from one entity or industry to another but why does this principle not work during times of a crisis such as the ongoing coronavirus outbreak?
Logic behind capitalism
The beginning and…
The coronavirus outbreak has caused major problems for most businesses and industries, and has been disastrous for the majority of the world, but one business stands to benefit heavily from stay-at-home orders: Netflix.
What is Netflix?
Netflix is an online streaming service that allows its members to watch unlimited entertainment (TV shows, movies, documentaries and…
US President Donald Trump has halted US funding to the World Health Organisation (WHO) amid this coronavirus outbreak citing worries over ‘disinformation’ by WHO, while Japanese Prime Minister Shinzo Abe has voiced his concerns over WHO’s poor response and politicization of the COVID-19 crisis. On the flip side, the Republic of Ireland has announced that…
A few months ago, experts were predicting that Joe Biden or Bernie Sanders would be the greatest threat to Trump’s re-election chances but now it seems to be COVID-19, also known as SARS-CoV-2. It is not the spread of coronavirus that is jeopardising Trump’s image as a leader and his political campaign for the 2020…
The World Health Organisation’s (WHO) representative for Pakistan had previously said (on 14th March) that Pakistan had ‘one of the best National Response Program’ against COVID-19. On the other hand, local and international media has heavily criticised the Pakistani government and bureaucracy response to COVID-19, while key opposition leaders and figures have also shown…
Pakistan has had a shortage of nurses, doctors and other health professionals for a long time and this lack of medical staff could have severe consequences for Pakistan now. According to the World Health Organisation (WHO), for every 1,000 people there needs to be at least eight nurses, two doctors and one dentist to take…
Over the past month, Amazon founder, CEO and President Jeff Bezos has received strong criticism over one of Amazon’s sub companies, Whole Foods requesting employees to donate part of their salary to sick employees who were staying at home. Last week, Amazon fired a worker for organising a walkout that protested Amazon’s lack of safety…
China has come under significant political and social pressure due to its mishandling of animal markets which led to the COVID-19 outbreak. Not only has there been worldwide condemnation of the Chinese animal markets but hate crimes against Asians are on the rise in almost every single country – Twitter observed a 900% increase in…