COVID‑19 Pandemia from the Financial Perspective: the Interference of Real and Virtual World
More details
Hide details
Wyższa Szkoła Bankowa w Warszawie
Uniwersytet Ekonomiczny w Poznaniu
Publication date: 2022-06-10
Ekonomista 2022;(2):213–234
Mass vaccination of the population in some countries of the world and the advantage in these countries of the number of people who recovered over the number of those who fell ill slowly allows them to divide the time before and after the COVID‑19 syndrome. This dualism strengthened the social division into real and virtual reality. Many people feel that the balance between these realities has been disturbed. The aim of the study is to indicate the mechanisms leading to permanent hybridization of our everyday life (“new normal”). In the introduction, the authors systematize the context in which the division of humanity into the vaccinated and unvaccinated is taking place. In the first point, they refer to token engineering as a method of transferring assets from the real to the virtual world. In the second point, they recall financialization as a way for the financial world to gain a lasting advantage over the real economy. It is also a departure from comprehensive social ties in favour of remote ones, including those realised through money. In the third point, the authors indicate block‑chain technology as a bridge (infrastructure) to the two‑way interaction of both realities. In the fourth point, we show how gambling vs. gaming with the use of prestigious goods ensures the transfer of assets acquired in the virtual world to their use in the real world. The conclusion resembles the thesis of the study that blurring the boundaries between real and virtual reality during a pandemic has led to a permanent hybridization of our everyday life.