The coronavirus pandemic has been one of the many events in history that have a small chance of happening or getting predicted, but the impact is huge when they do happen. Such horrific events are known as black swans. Some of them may include the Spanish flu, which occurred between 1918 and 1920, the first world war and the Great Depression.
Today about 12 million people have been infected with the virus, and more than half a million deaths ("Coronavirus Update (Live): 12,732,095 Cases and 565,040 Deaths from COVID-19 Virus Pandemic - Worldometer"). The coronavirus crisis has characteristics similar to black swan events. It came as a shock late last year, and its impact within just half a year has been catastrophic. Since its identification, it was one that could not be easily predicted to spread so fast. They are also characterized by prolonging economic destruction.
Most virologists have tried to predict or warn some notable and possible future pandemics, such as the exercises following the Ebola outbreak. It has also been estimated that they tend to occur every half a century, but they are also prospected to recur more often. Therefore, we must learn from past significant pandemics such as influenza A, SARS, and Ebola ("COVID-19 And Black Swans: Lessons From The Past For A Better Future"). Bering prepared ensures we are ready from a health perspective to prevent considerable impacts of any future epidemics.
Society has overtime learned with time to manage such a crisis. For instance, the Spanish flu was one that had substantial impacts. It resulted in distrust among people in the countries that the flu had widely spread. Lessons from this pandemic raised awareness in governments about the effects of such great pandemics. Public health systems were developed in most European countries. There was also the creation of WHO to combat worldwide epidemics. Ultimately, even after such pandemics, the human race has managed to get back to its feet.
Conclusion
In conclusion, the history of pandemics has resulted in a change in ethical decisions. COVID-19, therefore, marks a crucial juncture that will, shortly, lead to divisive changes. Like other pandemics in the past, this crisis will open doors to a new, better sustainable way of improving human life. It serves as an opportunity to better our healthcare systems, technological advancements, and strengthen global cooperation in initiating new mechanisms. Humans have revealed that it is possible they are proficient in learning and adapting to the black swans and ushering in a better new world.
Works Cited
"Coronavirus Update (Live): 12,732,095 Cases and 565,040 Deaths From COVID-19 Virus Pandemic - Worldometer". Worldometers.Info, 2020. https://www.worldometers.info/coronavirus/?utm_campaign=homeAdUOA?Si
"COVID-19 and Black Swans: Lessons from the Past for a Better Future". Caixabank Research, 2020. https://www.caixabankresearch.com/en/economics-markets/activity-growth/covid-19-and-black-swans-lessons-past-better-future
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