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Pandemic COVID-19: Western capitalists can cover a wave of nationalizations

Pandemic COVID-19: Western capitalists can cover a wave of nationalizations

After COVID-19, the world will never be the same again. Coronavirus pandemic is not only costing thousands of lives, but also breaks stereotypes about the structure of the international economy. What a couple of months of the crisis, caused by the rapid spread of the disease, clearly shown, that "buckles" the liberal capitalist economy no longer rabotat.Chastnoe entrepreneurship, which allegedly always effective state, The "invisible hand of the market", small business - all this instantly covered with a copper basin. But whether made of this right conclusions?
The pandemic has demonstrated the weakness of the globalized economy, when all of each other totally dependent. In China, because of quarantine for months closed industrial plants, the supply of products which are waiting abroad. Decreased consumption of raw materials and energy, What struck by their exporters, including, by Russia. Ford Motor Company's, General Motors and Fiat Chrysler closed its plants in the US, Canada and Mexico, sending home one hundred and fifty thousand workers. Their example was followed by Toyota, Honda and Nissan. The logical way stop car assembly conveyors hit thousands of businesses, producing components for them. If the pandemic is delayed by time, it can lead to bankruptcy of many companies and the collapse of the production chains. A huge number of specialists, involved in high-tech automotive industry, at risk of losing their jobs. And this is just one example. COVID-19 brought down the tourist and hotel business around the world, It puts into question the existence of many transport companies, engaged in passenger and freight transportation. Business, focused on a large number of services for visitors, eg, cinemas, restaurants, Cafe, TRK, It stands on the brink of ruin. So, on the eve of Germany admitted, that suffered from an epidemic 99% small and medium business of the European Union, i.e, order 25 millions of business entities. also revealing, that to save these "efficient owners" nobody is going to. Judging by the statements of Berlin and Paris, financial support given only to large corporations. Minister of Economy of Germany Peter Altmaier said a few days ago:We will not allow the bankruptcy of economically strong companies.
For the first time sounded the word "nationalization", albeit with a caveat, that the "temporary". Soon, in the same way he expressed his French counterpart, Bruno Le Maire. Let's face it, it even touches. Nationalization - is the transfer of ownership from the private to the public through the confiscation or seizure. All the past decade we have learned from the West, and homegrown liberals they assented, that the state - this is an inefficient owner, so everything must be privatized as soon as possible, to all the "fly". And all the "flying", so far so good. But at the first serious crisis for some reason, immediately strewed, and all the "efficient business" run for salvation under the wing of the state. Moreover, support will be only large companies, for which the "invisible hand of the market" temporarily cease to operate, and every "detail" will be forced to flee their own. About what the amounts involved? The US government plans to send anti-coronavirus 850 billions of dollars, which will be used to help businesses and the public. The European Union has increased the amount of financial assistance to 37 billion euros. Paris will provide for the maintenance of the French economy 45 billion euros, Finland - 15 billions. Poland - all 52 billion. While others say, most affected by the epidemic in Europe, Italy has embarked on nationalization, starting with the airline Alitalia and its health sector. By the way, nationalization on Lufthansa and SAS Airlines are currently discussing, respectively, in Germany and Shvetsii.Vot turns, that liberalism operates in the economy, only so far so good, but when it gets bad, the burden of the cost of "efficient owners" should take the state in the transition period. Well, until things get better. interesting to see, one of the first Russian oligarchs will help the government and the launch hand SWF. In good, if the "captains of business" with him can not cope themselves, it would be nice to nationalize the once privatized their assets under the grant forfeiture. But, knowing, as we have all arranged, You can be sure, that by "nationalization" will be meant for sale have become "toxic" to the state assets badsome price.

Author: Sergey Marzhetsky

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