Socio-Economic Consequences of Coronavirus

What is it about?

Bacteria and viruses, one of the main causes of diseases, have been threats to human health throughout history. These microorganisms have continued as an active part of nature. Especially in the 21st century, coronaviruses took the form of an epidemic disease despite the globalization where science and technological advances came to the forefront. The fact that virus-borne diseases reach such dangerous dimensions is due to negative externality caused by a purely profit-oriented understanding that does not respect natural balance. In order to overcome the negative developments that arise as a result of people doing such damage to nature while pursuing a maximum profit, they need to develop a new understanding based on socioeconomics and nature-friendly thought. Otherwise, negative externalities caused by purely profit-making initiatives will have fatal consequences for all people, as seen from the COVID-19 outbreak, without discrimination. In this study, it has been evaluated how this coronavirus epidemic will lead to changes and transformations in education, health and sociocultural fields, especially socioeconomic life. In the study, it is argued that this change and transformation process will gain weight in the direction of digitalization and online transactions.

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Why is it important?

Bacteria and viruses, one of the main causes of diseases, have been threats to human health throughout history. These microorganisms have continued as an active part of nature. Especially in the 21st century, coronaviruses took the form of an epidemic disease despite the globalization where science and technological advances came to the forefront. The fact that virus-borne diseases reach such dangerous dimensions is due to negative externality caused by a purely profit-oriented understanding that does not respect natural balance. In order to overcome the negative developments that arise as a result of people doing such damage to nature while pursuing a maximum profit, they need to develop a new understanding based on socioeconomics and nature-friendly thought. Otherwise, negative externalities caused by purely profit-making initiatives will have fatal consequences for all people, as seen from the COVID-19 outbreak, without discrimination. In this study, it has been evaluated how this coronavirus epidemic will lead to changes and transformations in education, health and sociocultural fields, especially socioeconomic life. In the study, it is argued that this change and transformation process will gain weight in the direction of digitalization and online transactions.

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