In the documentation "Corona values-Patient-economic – Who will pay the bill?" is about the struggle to find the "new normal". Because, in contrast to the daily fluctuation in the infection, and the reproductive factor, the economic consequences for many people, numbers are immediately and permanently. The short-time work, the numbers have reached a level that was even unimaginable a year ago. The authors Claus Hanisch villages and Geli Hensolt document the collateral damage of the pandemic, three examples from the most strongly affected industries. You portray a chief steward for Lufthansa, the owner and employees of a long-established Stuttgart-based business for children's clothing and a showman family from Baden-Württemberg.
What Economists like Hans-Werner Sinn abstract and as historically unique "transaction crisis," is here specifically. The avoidance of social contacts prevents economic activities. This has consequences for the self-understanding of the middle class. A chief steward experienced after forty years of professional activity, for the first time in his life, the dependence on state transfers. His wife had to give up as a self-employed beautician also of your practice. In March, when all the people were fixed to be cancelled, fearing the showman of the family, they stand before the ruins of their existence. Such destinies have always existed: bankruptcies and unemployment are a fundamental part of our economic order. This was not, however, in the past few decades, the collective experience of a whole Generation. For this you would have to go back in the immediate post-war years.
The state can't take the uncertainty
Hanisch, villages and Hensolt make the Problem of this exceptional historical situation: the constant feeling of uncertainty, when the obvious, such as the exercise of the profession are prohibited by the state. The chief steward sees the famous light at the end of the tunnel, as the shareholders of Lufthansa finally agreed to the government rescue package to the General Assembly. The showman family has to be with the final cancellation of all festivals finished.Updated Date: 27 July 2020, 19:19