Author:
Fenwick Mark,McCahery Joseph A.,Vermeulen Erik P. M.
Abstract
AbstractCoronavirus is the first global crisis of a digital age and the divergence in policy responses reflects the challenge of navigating an unprecedented global situation under conditions of enormous uncertainty. We ask what lessons can be learned from this experience and identify two, both of which push against mainstream interpretations of recent events. First, and contrary to the view that the crisis exposed social media and Big Tech as a source of dangerous misinformation that needs to be regulated more strictly, the paper argues that the less mediated spaces of the Internet—social media and Twitter, in particular—played an essential role in triggering a more effective policy response based around social distancing, lockdown, and containment. Second, and contrary to the view that things will go back to normal once the worst of the crisis has passed, the paper argues that, as a direct result of lockdown, the status quo has been shifted across multiple sectors of the economy. Three examples of this shift are introduced, notably the forced experimentation with digital technologies in education and health, the increased use of remote work in many companies, and a reduction in environmentally harmful behavior and decrease in pollution levels. The long-term effects of this ‘reset’ are impossible to predict, but a quick return to the ‘old normal’ seems unlikely. The paper concludes with the suggestion that this reset has created a unique historical opportunity for the reappraisal of regulatory approaches across multiple domains and exposed the need for regulatory models better aligned to a less mediated, more decentralized world. COVID-19 is a global tragedy, but—given that it has happened—it should be used as a learning experience to re-imagine a better, more socially, and environmentally responsible future.
Publisher
Springer Science and Business Media LLC
Subject
Law,Political Science and International Relations,Business and International Management
Reference70 articles.
1. Adam C et al (2015) Conceptualizing and measuring styles of moral regulation. In: Knill C, Adam C, Hurka S (eds) On the road to permissiveness? Change and convergence of moral regulation in Europe. Oxford University Press, Oxford, pp 11–31
2. Albuquerque R et al (2020) Resiliency of environmental and social stocks: an analysis of the exogenous COVID-19 market crash. In: ECGI Finance Working Paper 676/2020. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3583611
3. Arrowsmith D et al (2020) Public request to take stronger measures of social distancing across UK with immediate effect. 14 March 2020 (updated 16 March 2020, 15:00). http://maths.qmul.ac.uk/vnicosia/UK_scientists_statement_on_coronavirus_measures.pdf. Accessed 1 Jun 2020
4. Artz FB (1980) The mind of the middle ages: an historical survey A.D. 200-1500. University of Chicago Press, Chicago
5. Bedford T (2020) The team at the @seattleflustudy have successfully sequenced the #COVID19 community case reported yesterday from Snohomish County, WA, and have posted the sequence publicly to http://gisaid.org. Tweet. https://twitter.com/trvrb/status/1233970271318503426?lang=en. Accessed 25 Jun 2020
Cited by
39 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献