COVID-19: The Great Reset audiobook cover - A vision for what the post-Covid world could look like

COVID-19: The Great Reset

A vision for what the post-Covid world could look like

Klaus Schwab and Thierry Malleret

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COVID-19: The Great Reset
The Modern World Context+
Economic Reset+
Societal & Governmental Reset+
Geopolitical Reset+
Environmental Reset+
Technological Reset+
Business & Industry Reset+
Individual Reset+

Quiz — Test Your Understanding

Question 1 of 8
What three aspects of the modern world do the authors highlight as crucial when considering the pandemic's transformative effects?
  • A. Interdependence, velocity, and complexity
  • B. Technology, globalization, and capitalism
  • C. Inequality, climate change, and nationalism
  • D. Automation, surveillance, and digitization
Question 2 of 8
According to the authors, why is the choice between 'saving lives' and 'saving the economy' considered a fallacy?
  • A. Because saving lives requires spending money that inherently stimulates the economy.
  • B. Because the global economy cannot possibly recover until the pandemic is on the retreat.
  • C. Because governments have a 'magic money tree' to fund both simultaneously without consequence.
  • D. Because economic growth naturally leads to better healthcare outcomes over time.
Question 3 of 8
How do the authors predict the pandemic will affect the political ideology of neoliberalism?
  • A. It will strengthen neoliberalism as countries compete globally for limited medical resources.
  • B. It will signal the beginning of the end of neoliberalism as government intervention and social welfare increase.
  • C. It will cause neoliberalism to evolve into a purely digital, borderless governance model.
  • D. It will have no lasting effect, as neoliberal policies proved most effective during the initial crisis.
Question 4 of 8
What geopolitical shift do the authors suggest might occur regarding global supply chains in the post-COVID world?
  • A. A complete return to localized, city-state manufacturing systems.
  • B. A shift from globalization to regionalization to reduce supply chain risks.
  • C. A total reliance on China and the US for all essential manufacturing needs.
  • D. An expansion of global supply chains exclusively into developing nations in Africa.
Question 5 of 8
How do the authors view the short-term drop in CO2 emissions caused by the pandemic?
  • A. It is sufficient to reverse the effects of climate change if maintained for just two more years.
  • B. It proves that individual behavioral changes are vastly more effective than government regulation.
  • C. It is insufficient on its own, and structural change is still required to curb rising global temperatures.
  • D. It negatively impacted the push for green energy by making fossil fuels temporarily cheaper.
Question 6 of 8
What major societal risk do the authors identify concerning the rapid technological innovation used to combat the virus?
  • A. The collapse of the global internet infrastructure due to overuse of e-learning and e-commerce.
  • B. The potential for high levels of state surveillance and a permanent loss of personal privacy.
  • C. The immediate replacement of all service sector jobs by artificial intelligence.
  • D. The widening of the digital divide making mobile-payment technology unprofitable.
Question 7 of 8
According to the text, what must be the new 'watchword' or primary focus for industries moving forward to survive future crises?
  • A. Profitability
  • B. Expansion
  • C. Resilience
  • D. Efficiency
Question 8 of 8
Historically, how have pandemics usually affected social cohesion, and how might COVID-19 be different according to the authors?
  • A. They historically united people, but COVID-19 has driven people apart due to modern digital isolation.
  • B. They historically drove people apart through distrust and shame, but current existential crises may force us to collaborate with empathy.
  • C. They historically had no lasting social impact, whereas COVID-19 is causing unprecedented mental health crises.
  • D. They historically led to immediate violent revolutions, whereas COVID-19 is causing slow, gradual policy shifts.

COVID-19: The Great Reset — Full Chapter Overview

COVID-19: The Great Reset Summary & Overview

What’s it about?

COVID-19: The Great Reset (2020) is a compendium of predictions and prognoses. It offers forecasts for how the global economy may change in the wake of the coronavirus crisis – as well as suggestions for how it should change.

Who Should Listen to COVID-19: The Great Reset?

Who’s it for?

  • Economics enthusiasts wondering what’s going to happen next
  • Students of international relations grappling with the big questions of today
  • Anyone attempting to come to terms with the pandemic

About the Author: Klaus Schwab and Thierry Malleret

About the author

Professor Klaus Schwab is Founder and Executive Chairman of the World Economic Forum, an international nongovernmental organization based in Geneva. His previous books include The Fourth Industrial Revolution and Shaping the Future of the Fourth Industrial Revolution.

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