The good that comes out of calamities

The pandemic and climate concerns have spurred new research and global collaboration.

The global research campaign to develop an effective vaccine against Covid-19 has underscored what globalisation and capitalism can achieve. PHOTO: REUTERS

Over the past decade, globalisation and capitalism have often been made out to be key culprits for the problems we face. At the same time, the global research campaign to develop an effective vaccine against Covid-19 has also underscored what these forces can achieve when they are properly aligned and incentivised.

The "old game" - blaming others or blaming abstract concepts like globalisation and capitalism - may be convenient, but it certainly doesn't get us any closer to solving the hard problems we face.

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