2021
March
22
Monday

Monitor Daily Podcast

March 22, 2021
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Clayton Collins
Director of Editorial Innovation

This “late stage” pandemic seems to be swaying social behaviors, particularly in the United States. It’s testing patience and promoting some self-serving practices.

Spring break crowds caused a melee in Miami Beach over the weekend, and the city had to crack down. But messages are mixed. Florida is also among the states racing to regain normalcy. 

How close is the kind of daily life for which a tired society understandably yearns? Misinformation in both directions reinforces different realities. So where to turn for hope, not only around getting through this crisis but also for averting, or at least cushioning, another? Some of it is good-faith outreach. 

Success shows up when there’s a cultural drive for collectivism – thinking of others and of future generations – over gratification and self-interest. That thinking is central to some Indigenous traditions. 

The core value of Maori culture, manaakitanga, is credited with contributing to New Zealand’s early emergence from the pandemic. It maintains that others have greater importance than oneself. Call it herd unity.

In the U.S., federally recognized tribal governments looked past limitations – weak infrastructure, limited funding – and leaned on community trust to extend care to their own people, and beyond.

“We knew how to reach our population, despite these obstacles,” Abigail Echo-Hawk, a Native American health board officer and member of the Pawnee Nation, told Axios, “because we’ve been having to overcome these obstacles for some time already.”


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Today’s stories

And why we wrote them

Dina Kraft
Afu and Ruqaya Dawarshe stand outside their restaurant in the village of Iksal, Israel, Feb. 21, 2021. Ms. Dawarshe says Israeli Arabs' issues need to be heard "at the very top" of Israeli politics.

In Israel, the avid pursuit of Israeli Arabs’ support in tomorrow’s tight elections reflects a shift in Arabs’ and Jews’ attitudes toward each other as potential political partners. How much of one?

Watch

In one man’s quiet fight, a window on eviction’s toll

Low-income renters with disabilities get supplemental assistance – but it’s not enough. One man’s story shows the need for change, and the power of perseverance, in the realm of affordable housing.

"Nowhere to go": a disabled renter fights eviction

What can overcome what our commentator calls “the perpetual state of ‘otherness’” that has historically been imposed on Asian Americans? An honest and active embrace that truly integrates.

Courtesy of Keystone foundation
The Denad sacred grove in the Nilgiri Biosphere Reserve, in Tamil Nadu state, is maintained by the Kurumba community. Ajile Botu, a member of the Kurumba Indigenous group, shows a small stone altar.

Here’s another look at the contemporary value of Indigenous wisdom. We found a place where ancient reverence for the forest is being carefully folded into modern efforts to preserve biodiversity.


The Monitor's View

AP
People wait at a foreign currency exchange shop in Istanbul March 22 after the firing of the central bank governor.

One relatively new pillar among democratic nations, cemented as a global norm only in the 1990s, is an independent central bank. These official guardians of market stability are deliberative bodies of experts with long-term views, wielding financial tools such as the setting of interest rates. For elected leaders with an eye on the next election, interfering in a central bank’s work is akin to meddling in a case before a court. Both rule of law and rule of accepted economic truth are seen as ballasts of modern democracy.

This helps explain the shock in both financial markets and Western capitals over the firing of Naci Ağbal, Turkey’s central bank governor, by President Recep Tayyip Erdoğan on March 19 after less than five months on the job. Turkey now has its fourth central bank chief in less than two years, yet another indicator of its drift toward authoritarian rule.

Mr. Ağbal, a former finance minister, was ousted after trying to tame Turkey’s rampant inflation by raising interest rates. Against all conventional economic logic, President Erdoğan says high interest rates actually cause inflation. He calls them the “mother and father of all evil.” His new appointee is a newspaper columnist who agrees with his view. The markets obviously do not. After the announcement, Turkey’s currency and main stock index plunged.

Another reason for global concern about Turkey is that many other central banks could be under pressure during the COVID-19 pandemic.

Last year, most of them effectively coordinated across borders to lessen the financial fallout from the coronavirus. They fulfilled their role as “lenders of last resort” to the financial system. And for the first time, those in emerging-market and developing economies resorted to large-scale market interventions, notes economist Olivier Jeanne at John Hopkins University.

But now many politicians may want central banks to take actions that risk long-term inflation, such as absorbing huge loans from failing businesses. “Political pressures are likely to rise in favor of rolling back central bank independence in all countries,” says Mr. Jeanne. “Central banks should not just lay low and wait for threats to their independence to pass.” Based on numerous studies, countries with more independent central banks experience less inflation.

Central banks are not only high-level institutions of economic expertise. They are also usually models of deliberation and patient reflection. They test data, enjoy wide debate and dissent, and ask questions before giving answers. They look for light through individual contemplation and shared reasoning. Lately, to become more accountable to the public, many have been transparent about their thinking and forecasts.

For decades, democracies have set up central banks in large part because of those qualities of deliberation. The sudden dismissal of any central bank chief is seen as a setback to democracy. Such drastic action rarely reflects a dispute over economics. It hints at whether leaders want to seek out opposing views and respectfully listen to them. What’s more democratic than that?


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.

Are conflict and division the inevitable outcomes of disagreements about politics? Not when we look to God’s unifying love as the basis of our relationships with others.


A message of love

Kristinn Magnusson/mbl.is/Reuters
The Fagradals Mountain volcano erupts for the first time in 6,000 years on the Reykjanes Peninsula in Iceland, March 20, 2021. It was the first time the peninsula, where most of the country lives, had experienced an eruption in 781 years. No evacuations were necessary and no one was harmed.
( The illustrations in today’s Monitor Daily are by Jacob Turcotte. )

A look ahead

Thanks for being here to start your week. Come back tomorrow. Our six-part podcast series, “It’s About Time,” resumes with a look at why, given that leisure time has risen since the 1950s, we often feel stressed about having enough time. 

More issues

2021
March
22
Monday

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