Covid-19 will bring about a retail apocalypse
If there’s anything positive to be wished from this, it’s that perhaps this is the socio-economic reboot we’ve all been yearning for. It’s almost biblical. The developed world has become increasingly guilt-ridden, hysterical even, over its impact on the planet, and steeped in doubt as to mankind’s purpose upon it.
In short, we grew to despise humanity and believed humans were responsible for all the planet’s ills. We became fully signed up Malthusians! Our new gods utterly despised us (Greta, Attenborough) and believed robots would do our jobs better than us.
Pre-C19 we grew hysterical over every social injustice, inherited privilege or innate bias we could hunt down or dig up. Put simply, we now have something more urgent to fret about, namely survival.
In the long term, we will learn to pull together more and it may well set our ship on a clearer course. In the short term, however, we must not underestimate the catastrophic effects it will have on twenty-first century life. Thousands of shops, pubs, restaurants, bars, cinemas, galleries and venues will close down for good.
There’s no question the retail apocalypse has arrived. Unemployment will soar as fast as our incomes decline. Nations will focus on feeding their own, rather than exports, meaning we’ll become accustomed to buying locally produced, seasonal food. Yes, globalisation died in 2020.
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