Knowde Take: There have been numerous pessimistic takes on the future of the chemical industry as a result of the ongoing pandemic. The biggest concern regards key segments bouncing back quickly, especially the automotive industry. The recommendation in this article to push forward with building – schools, factories, housing, transportation – would help remedy areas in which the economy makes a slower recovery. It would also test the ability of chemical manufacturers to gear up quickly to meet the demands that would emerge in such a new economy.
It’s time to build
Every Western institution was unprepared for the coronavirus pandemic, despite many prior warnings. This monumental failure of institutional effectiveness will reverberate for the rest of the decade, but it’s not too early to ask why, and what we need to do about it. Many of us would like to pin the cause on one political party or another, on one government or another. But the harsh reality is that it all failed — no Western country, or state, or city was prepared — and despite hard work and often extraordinary sacrifice by many people within these institutions. So the problem runs deeper than your favorite political opponent or your home nation. Part of the problem is clearly foresight, a failure of imagination. But the other part of the problem is what we didn’t *do* in advance, and what we’re failing to do now. And that is a failure of action, and specifically our widespread inability to *build*.
Read more here: It’s time to build