Rethinking Democratic Theories of Justice in the Economy after COVID-19

Abstract

This article argues that the COVID-19 crisis has brought to light the importance of state democratic capacities linked with humanist governance. This requires securing individuals’ silent freedoms as embedded in the way “developmental” institutions that constitute social relations and well-being are governed. I argue health and well-being inequalities brought out by the crisis are but a manifestation of the way, in the context of the competition paradigm in global governance, states have become relatedly more punitive and dis-embedded from society. The answer lies in providing a more explicit defence of the features of a human development democratic state. An implication is to move democratic theory beyond the concern with redistributive and participatory features of democracy to consider foundational institutional properties of democratic deepening and freedom in society.

The research on COVID-19 and economy from 2019 to 2020: analysis from the perspective of bibliometrics

“…From their study, it was considered that the production was in line with the market demand, but it was also possible that the market would slow down and the sales and revenue would be lower. Starting from the democratic theories of justice, Haagh (2020) argued that the instability of economic and public service institution in the pandemic highlighted the requirement to constitute the democratic institutions within our economy. In addition, Asfahan et al (2020) analyzed the early trend of the indicators that affected the fatality rate in the pandemic from the points of socioeconomic and health, which was meaningful for some countries to plan strategies to fight against the pandemic.…”

Testing the impact of fiscal policies for economic recovery: does monetary policy act as catalytic tool for economic Survival

“…The accessibility of information on real-time basis ensures investors evaluate the anticipated future ramifications of economic activity. These front-page stories indexes act as a systematic source of general data and add to the development of the same financier's cost anticipations (Haagh 2020). Next, financiers have the availability of stochastic non-methodical information online (Zhuang et al 2021), (Li 2020), and (Kong and He 2020).…”