Will the Coronavirus Lead to Change in Capital-Labor Relations
The prediction about the potential death toll from the coronavirus has become grimmer by the day. With experts in the US predicting that the virus may kill as much as 200,000 people within the country, extrapolation of the prediction to the entire world would see millions perish as the virus continue to rage uncontrollably in corners of the planets that are less capable of implementing measures designed to suppress excessive face-to-face contact among residents without their suffering grave economic consequences. The permanent loss of a significant portion of the world's productive labor force is now not unimaginable.