Showing results for "Fix" in Future Studies

The challenges we face are daunting, but in Go Big, Ed Miliband shows that the scale of what is possible is far greater. We are at a rare moment in history when people everywhere see the need for big change. Meanwhile, practical and proven ways exist for tackling everything from inequality to the climate crisis - if you know where to look and have the courage to think big.

Do you feel like we’re in a permacrisis? Chances are you feel some anxiety about the state of the world right now. Mohamed, Michael and Gordon certainly did. These three friends – who between them have almost a century of expertise in international economics, business and global government – began talking over zoom at the start of the pandemic. They wanted to discuss the challenges the world was facing: unanticipated shocks, poor policy responses, struggling coordination. But the more they talked, the more they realised there was nothing pre-ordained about the gloomy path we’re on now.

As the shockwaves of COVID-19 continue to spread, and as the smoke clears from a year of anger and unrest, many people feel forlorn about the future. In End State, James Plunkett argues that this can be a moment not of despair, but of historic opportunity - a chance to rethink, renew and reform some of the most fundamental ways we organise society. In much the same way as societies emerged stronger from crises in the past - building the state as we know it today - we, too, can build a happier future.

If you had a trillion dollars and a year to spend it for the good of the world and the advancement of science, what would you do? It's an unimaginably large sum, yet it's only around one per cent of world GDP, and about the valuation of Google, Microsoft or Amazon. It's a much smaller sum than the world found to bail out its banks in 2008 or deal with Covid-19. But what could you achieve with $1 trillion? You could solve the problem of the pandemic, for one, and eradicate malaria, and maybe cure all disease. You could end global poverty.

We seem to be stuck, staring at insurmountable challenges. The pandemic is the opening act for climate change, and we need to get much better at anticipating and preparing for these types of challenges. Simply rebuilding bridges once they fall, or houses once they are swept away, is both expensive and risks human lives. Anticipation and preparation costs more now, but is much less costly over time.