Individuals and society
In crisis, the juxtaposition between individual and collective interest is heightened. When resources become scarce, individuals often rely on governments to provide coordinated bailout relief. Yet, this effort also evokes a moral dilemma, as individuals retain the ability to choose how to behave within the boundaries of law. Their actions are further guided by cost-benefit analysis for their own interests in conjunction with, and sometimes taking a priority over, interests of society as a whole.
It is therefore important for individuals, corporations, and governments to establish a framework delineating responsibility while preserving values which underpin the foundation to each community. The realignment of incentives is necessary to build up reserves during the best of times so as to provide an effective buffer and a response mechanism for downturns.
The Chinese word for crisis carries the dual meaning of risk and opportunity. As the world unites, the global community will find constructive methods of collaboration and a collective path forward.