2020
April
01
Wednesday

Monitor Daily Podcast

April 01, 2020
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Mark Sappenfield
Senior global correspondent

Today’s issue profiles workers most affected by the downturn, the variety of government responses worldwide, how to work and parent all at once, one man’s bid to hold China to account, and cartoons that change lives.

Scientists will tell you that human beings like uncertainty least of all – even worse than an expected bad outcome. Yet today, we all are learning to live with heaping measures of it – about lockdowns, stock markets, and health issues. It’s true beyond the coronavirus, too. The Monitor’s ongoing series on navigating uncertainty is precisely about finding bearings when so much that seemed solid – democracy, capitalism, the climate – now seems uncertain.

How do we get those bearings? A Harvard Business Review article points to some of the same things we have – that uncertainty is not immune to reservoirs of gratitude, a determination to persevere, and a willingness to learn new lessons. And those lessons can be transformative.

To thrive in uncertainty is to know one does not have all the answers or control, says Margaret Wheatley, who studies organizational behavior. It is a willingness to trust and build together and be flexible. The greatest thing an organization can do, she says, is lead “toward a greater and greater capacity to handle unpredictability, and with it, a greater capacity to love and care about other people.”

Because, well done, the one helps strengthen the other.


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Today’s stories

And why we wrote them

A deeper look

Every economic downturn has a different face. These are the people confronting the biggest challenges after the initial wave of shutdowns.

Patterns

Tracing global connections

The great political question during the health crisis has been: How to respond? Here, our columnist tracks the array of responses and looks into what that tells us about the challenges ahead.

Craig Mitchelldyer/AP
Kim Borton (left) works from home while her children work on an art project in Beaverton, Oregon, on March 17, 2020. Ms. Borton works for Columbia Sportswear in supply chain account operations. Her children's school has transferred to remote learning amid the coronavirus crisis.

Many working parents feel pressure to hide the messy reality of balancing family and career. Now, with their dilemma in the spotlight, some see the seeds of long-term change.

Profile

Ann Hermes/Staff
Ablatt Mahsut, a Uyghur born in China’s Xinjiang region, sits in the living room of his home on Jan. 28, 2020, in Franklin, Massachusetts. Mr. Mahsut, who became a U.S. citizen 10 years ago, is concerned for the safety of his family in China.

What’s the best way to help your family? For Uyghurs living in the U.S., silence used to feel like the safest option to protect missing relatives in China. For one Massachusetts man, that’s no longer the case.

SOURCE:

Weidmann, Nils B., Jan Ketil Rød and Lars-Erik Cederman (2010). "Representing Ethnic Groups in Space: A New Dataset." Journal of Peace Research

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Jacob Turcotte/Staff
Riley Robinson/Special to The Christian Science Monitor
Michelle Ollie is the president and co-founder of the Center for Cartoon Studies in White River Junction, Vermont, Jan. 25, 2020.

One woman's willingness to confront her personal struggles with learning disabilities opened a door, for herself and others, into a new world.


The Monitor's View

AP
A street sign for Wall Street outside the New York Stock Exchange in New York.

To help end the coronavirus pandemic, many people are reinforcing certain codes of behavior. They are more neighborly and salubrious. They are social distancing and shopping without hoarding. They are learning the etiquette of video conferencing from home. These are signaling a new “we are all in this together” ethic.

In surprising news, many are also focused on ESG.

Those initials stand for a code of behavior in the business world known as “environmental, social, and governance.” In short, these are metrics used by more corporations in recent years to put stakeholders on par with shareholders. They focus on long-term sustainability over predatory short-term profits, on issues like climate change and inequality over the next quarterly report.

During the coronavirus crisis, for example, many workers are being furloughed instead of fired. Companies are donating equipment or finding other ways to help their community. They are suspending dividends to stockholders or putting off bonuses for executives.

But here’s the big news: According to research by Bloomberg Intelligence and RBC Capital Markets, investors who bought stocks in companies with strong ESG are faring better than other broad indexes so far this year. Money keeps flowing into ESG mutual funds, says Bank of America.

In other words, as the tide goes out on the global economy, doing good is paying off.

In the post-COVID-19 world, estimates the British bank Barclays, the use of ESG by investors may accelerate. Investors see the crisis as a warmup lesson for potential hits to the economy in the future, such as climate change. They are looking to corporations to help with our collective resiliency.

Despite the current panic among investors, many now see an upside to ethical values in companies over bottom-line profits. The virus crisis is lifting many codes of behavior. Why not in capitalism?


A Christian Science Perspective

About this feature

Each weekday, the Monitor includes one clearly labeled religious article offering spiritual insight on contemporary issues, including the news. The publication – in its various forms – is produced for anyone who cares about the progress of the human endeavor around the world and seeks news reported with compassion, intelligence, and an essentially constructive lens. For many, that caring has religious roots. For many, it does not. The Monitor has always embraced both audiences. The Monitor is owned by a church – The First Church of Christ, Scientist, in Boston – whose founder was concerned with both the state of the world and the quality of available news.

Is it possible to support efforts to contain the coronavirus without letting fear or distrust cloud the way we think about others? Here’s an article exploring our God-given ability to share joy and goodness – even when we can’t physically interact with others.


A message of love

Phil Noble/Reuters
Jason Baird, dressed as Spider-Man, does his daily exercises to cheer up local children in Stockport, England, April 1, 2020.
( The illustrations in today’s Monitor Daily are by Jacob Turcotte. )

A look ahead

Thank you for making us a part of your day. We hope you’ll come back tomorrow when we look at a Maryland town that wants to ban fossil fuels entirely. Is that even possible?

More issues

2020
April
01
Wednesday

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