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Challenges for Capitalism in the U.S. in 2020
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Among other things, the Coronavirus pandemic of 2020 resulted in the most immediate, most severe challenge to our Capitalism-based economic system since the Great Depression. Within two months, at least 16 million people were unemployed, and many small businesses shuttered. Normal Capitalistic responses seemed inadequate, and the Government stepped in with a $2 trillion rescue package. When the pandemic has passed, what will the new "Normal" look like? It seems inevitable that the way we apply Capitalism, post pandemic, will change. What should be the first priority for change?
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