With the lapse of time people get more and more defenceless.

After the crisis is over, we are going to start life afresh. I doubt if anyone knows how. As I see it, economics will retain its market nature, though it will never be as free, as it was previously. This forecast is conditioned by the progress of the current crisis with the state actively meddling into current processes to degrade their acuteness. I think human nature is underlying all that: with the lapse of time people get more and more defenceless.

Back in the 30-s of the previous century, the crisis enabled treating people quite cruelly — they were sent to build roads, and if they lost jobs the benefits were so small they had to start farming. However, attitude towards burdens and hardships was just normal, people were more mobile in the terms of drastic change of occupation. Nobody was embarrassed by moving from cities to the country, whereas natural economy did not seem barbarity. Now, an average citizen is not fit to such things. But this is not the main thing, I guess. Psychological changes have taken place. A century ago people were absolutely different: accustomed to wars, poverty and heavy mortality. In developed countries, it would plunge people into deepest shock now. Should society be deprived of active governmental regulation, people would just come to stupor. Simply stated, a man would sit on the floor as a little child and contemplate ceiling until somebody cares about him. A good example is American soldiers who would refuse fighting without dry closets. Quite a corny joke, however this is how it works.

Economics starts gaining attributes of a hospital ward, a sterile one with regular manipulations. This is a relapse stage, and the role of medical personnel will inevitably grow. The “strongest survives” and “market will highlight key points” principles do not work any more. You surely may conduct experiments, but there won’t be any “strongest ones”. Just like physiology, where bed patient undergoes organic changes triggering atrophy of certain muscle groups. Like in a social stratum: you put a civilized man into wilderness and probably he won’t survive. Conditions change and human beings are increasingly dependent upon them. Economic regulation participating in creation of modern society, is adapting to a rather fragile creature called “human being”.

In this new economics, the state will try eliminating temperature extremes, regulating air moisture, an all other parameters to make economics feel better. Transfer to this new model seems inevitable, at least for western society, elimination of new downturns being principal target. Economics will start being more controllable, and serious perturbations will be excluded. It will most probably harm dynamics but profit stability.