How will businesses react in a capitalist system post Covid-19?

      Covid-19 is a sudden public health emergency in 2020. It has had a huge impact on agriculture around the world, especially in China, where the first Covid-19 outbreak was detected. In order to prevent the epidemic from spreading wildly, China has issued emergency protective policies, safe distance and quarantine. At the same time, it also greatly affected the development of China's agriculture. How to reduce the rise of the disease and reduce the economic loss under severe circumstances is an important challenge for agricultural development.          In the case of China, as the first country to detect COVID-19. China made protective policies at the early stage of the outbreak, and the government also developed different opportunities for the development of agriculture. As a result, the transformation of agriculture has been given new challenges. With the rapid development of the Internet and the rapid coverage of live ...

This blog will investigate the impact working from home will have on business, it will investigate the direct and indirect impacts remote working will have for businesses going forward. Another boost for online and tech based companies? In a survey titled ‘Business impact of COVID-19’ carried out by the ONS, various businesses across many sectors were posed the question,  “Why do you intend to use increased homeworking as a permanent business model going forward?”  Business centred in information and communication were seen to be incredibly capable of adapting to remote working practices and figure 1. shows us how they responded to the question.   Reduced overheads are stated as the main reason why a business would intend to use increased homeworking in the future with increased productivity coming in second.   (Office for National Statistics, 2020) (Rows will not sum to 100% as businesses could select multiple options) Facebook as a working example CEO of Facebook M...

With the second outbreak of the epidemic in many parts of the world, countries have introduced stricter control measures, especially in c atering industry  From London to New York, throughout the capitalist cities .  for the  second time many restaurants have reduced the opening time, or reduce their capacity . the recovery of entire catering  industry will need a long time . In this article, we will look at the crisis the whole   catering  industry in capitalist world is facing during  the epidemic, as well as the opportunities and challenges that lie ahead. What happened when the epidemic first hit? When the first outbreak happened earlier this year , the entire restaurant industry was devastated. In the U.S., for example, a ccording to an economic report released by yelp in late June, the entire U.S. restaurant industry has been in a freeze since the new crown epidemic began to spread, with more than 70,000 restaurants in the U.S. permanently closed...

  This blog explores the positive and negative impacts of a cashless economy through the perception of a business. Does less cash= less financial crime? Cash transactions have been declining in Sweden since 2012. Since then, Sweden has seen a downward trend in robbery crimes. The graph below predicts that the reduction of cash could perhaps diminish the likelihood of robberies.   Additionally, the movement of counterfeit cash may harm businesses, counterfeit cash could increase the loss of sales which then will impact the businesses profitable income. A cashless economy could prevent the possibility of such crimes and therefore, might cumulate a more positive economic result for businesses.   [1]     Is your money safer digitally?   The European banking authority sets the regulatory framework for the protection of bank finances throughout the European Union.   Having money installed in a banking system could ensure financial security fo...