I have been working on and thinking a lot about managing risk over the past week. I recall the wonderfully acerbic H.L. Mencken‘s words:
“the whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, most of them imaginary.”
Life is risky. If we try to eliminate all risk we’ll stay in bed. Don’t drive – 27,000 die or are seriously injured every year on the roads.
Don’t go in the kitchen – fires, fingers sliced off, slipping on spilt liquid – the place is a death trap. Don’t play football – as many as one in five suffer a serious injury sometime. Don’t be born – 600,000 people die in the UK every year.
To be alive is to be at constant risk. Yet our human strategy has always been to manage risk not to avoid it. If there were no risktakers there’d be no new products, new companies or discoveries. It’s the entrepreneurial spirit that makes being a human so worthwhile . Yet…back to Mencken… this global pandemic globally reflected his cynical observation.
A culture of risk aversion, almost comic indecisiveness and panic interviewing of anyone who has the willingness to appear on radio or TV and say something different especially attacking the government (not that they deserve any praise, just a bit less mindless kicking).
OK smartarse so what would you do?
Mostly not pretend there was one foolproof plan (how can there be when no one really understands this virus?) nor would I let clever but uncertain experts divert me from one key strategy.
We have got to get the economy moving much faster. To spend so much money just putting it into hibernation has been perverse.
OK how?
One thing I’d do is abandon that two metre rule. The WHO recommend one metre and only two countries advocate two metres. The UK and Spain (the 4th and 5th worst performers in terms of deaths per million). So that didn’t work too well. Current risk aversion would suggest we extended not reduced it.
If instead we reduced it by 36 inches to one metre we could open pubs, restaurants and the tourist economy might start purring into life. Is it a risk? Of course it is. It’s a manageable risk and one we should take.
Unless the towns come back to life it’s hard to start the rest of the economy. And if they do revive a strategy of awakening a dozy, just-had-a-lovely sabbatical workforce is easier to achieve.
The fear and alarm about Covid19 needs to be cooled and proportionate – here in Brighton the incidence has been low. The hospitals have not been and are not overrun. We have to balance risk and reward.
I am not advocating recklessness but we cannot nor should we try to exclude all risk. If we do we shall give up our humanity, our economy and our children’s future.
Showing posts with label fear. Show all posts
Showing posts with label fear. Show all posts
Monday, 1 June 2020
ONLY 36 INCHES FROM REVIVAL
Labels:
alarm,
Brighton,
Covid 19,
fear,
H L Mencken,
recklessness,
risk,
the future,
WHO
Posted by
Richard Hall
at
10:16
Monday, 2 March 2020
AAARRRGH!!
Ralph Waldo Emerson, one of our most quoted writers, said: “Fear defeats more people than any other thing in the world.”
There’s something disagreeable about seeing people panic. Something futile. Something demeaning. But fear can also be also something enormously powerful. Fear fills Shakespeare’s tragedies, fear of the unknown, fear of betrayal, fear of failure.
We are currently on the verge of an era of fear. The past few months in particular, has been full of fear and fearful with bush fires, floods and other disasters. Real gut-wrenching fear. The Covid 19 story is different. FOMO (the acronym meaning ‘fear of missing out’) currently fills our pampered lives; fear of missing out on holidays, business travel, the Olympics, parties, shopping and so on.
When I told a mother with several children that Professor Whitty, the Chief Medical Officer, had said if the virus intensified schools might have to shut for two months, she went white and groaned “having the children at home for that long that would kill me quicker than any virus”. She displayed genuine fear as she might at the prospect of an invasion by an implacable and ruthless alien force with insistent cries of “mummy!!!”
But fear of your savings and earnings being reduced, enforced time with your close family and of your life undergoing upheaval is not quite a fight or flight situation.
Fear was in the news more prosaically when a plan was announced to level up the red squirrel population at the expense of the larger, more aggressive grey squirrels originally introduced from America. How? By introducing pine martens to their environment who’d kill either species at random but whose prospects against red squirrels were less good than against grey. Why? Because grey squirrels are fearless and stepping out cockily to greet the pine martens would be promptly slaughtered. Red squirrels are terrified of nasty, bitey pine martens and flee uttering the squirrel equivalent of “mummy!”
As with red squirrels, fear is a perfectly healthy emotion – part of our defence system. It’s how we cross roads safely and avoid the perils of life.
But more mysterious is our wanting to feel fear through horror films or attractions like The London Dungeon where the success of the experience can be judged by the quantity and volume of screams. It is indeed horrible especially the experience, too real for laughter, of the ‘long drop’ when being hanged, the proximity to Sweeney Todd and the macabre descriptions of the Black Death. You are herded through nastiness where actors perform their roles with melodramatic relish. Fear can only usually be dispelled by laughter which is why those screams are usually punctuated by giggling.
But the threat of Covid 19 isn’t funny. It’s unknown. Welcome to globalisation which means there’s nowhere to hide. We’ll end up poorer and may have been briefly housebound but think of the reading, tidying and DIY opportunities. And think of the time we’ll have to reflect on the sort of interconnected world we’re creating.
There’s something disagreeable about seeing people panic. Something futile. Something demeaning. But fear can also be also something enormously powerful. Fear fills Shakespeare’s tragedies, fear of the unknown, fear of betrayal, fear of failure.
We are currently on the verge of an era of fear. The past few months in particular, has been full of fear and fearful with bush fires, floods and other disasters. Real gut-wrenching fear. The Covid 19 story is different. FOMO (the acronym meaning ‘fear of missing out’) currently fills our pampered lives; fear of missing out on holidays, business travel, the Olympics, parties, shopping and so on.
When I told a mother with several children that Professor Whitty, the Chief Medical Officer, had said if the virus intensified schools might have to shut for two months, she went white and groaned “having the children at home for that long that would kill me quicker than any virus”. She displayed genuine fear as she might at the prospect of an invasion by an implacable and ruthless alien force with insistent cries of “mummy!!!”
But fear of your savings and earnings being reduced, enforced time with your close family and of your life undergoing upheaval is not quite a fight or flight situation.
Fear was in the news more prosaically when a plan was announced to level up the red squirrel population at the expense of the larger, more aggressive grey squirrels originally introduced from America. How? By introducing pine martens to their environment who’d kill either species at random but whose prospects against red squirrels were less good than against grey. Why? Because grey squirrels are fearless and stepping out cockily to greet the pine martens would be promptly slaughtered. Red squirrels are terrified of nasty, bitey pine martens and flee uttering the squirrel equivalent of “mummy!”
As with red squirrels, fear is a perfectly healthy emotion – part of our defence system. It’s how we cross roads safely and avoid the perils of life.
But more mysterious is our wanting to feel fear through horror films or attractions like The London Dungeon where the success of the experience can be judged by the quantity and volume of screams. It is indeed horrible especially the experience, too real for laughter, of the ‘long drop’ when being hanged, the proximity to Sweeney Todd and the macabre descriptions of the Black Death. You are herded through nastiness where actors perform their roles with melodramatic relish. Fear can only usually be dispelled by laughter which is why those screams are usually punctuated by giggling.
But the threat of Covid 19 isn’t funny. It’s unknown. Welcome to globalisation which means there’s nowhere to hide. We’ll end up poorer and may have been briefly housebound but think of the reading, tidying and DIY opportunities. And think of the time we’ll have to reflect on the sort of interconnected world we’re creating.
Labels:
black death,
Covid 19,
fear,
Olympics,
Professor Whitty,
Ralph Waldo Emerson
Posted by
Richard Hall
at
10:14
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