6 COMMUNITIES AND ECONOMIES
RESILIENCE AT A COLLECTIVE LEVEL
When shock hits us all
In 2020, the entire world was struck by one of the most infectious and deadly viruses for decades. There was no vaccine and no cure. The only immediate defense was social reorganization: countries were placed in lockdown. People confined to their homes. Schools closed. Some businesses collapsed, others remained on the brink. Central banks pumped trillions into the economy to shore up the welfare of the planet. The shock hit us all.
The previous chapters have journeyed along the spectrum of resilience from an individual level to small firms to parts of large firms and to entire corporations. We now consider an even higher-level analysis; that of a whole economic ...
