The Polycrisis: Behind The Buzzword

This article discusses the emergence of the word ‘polycrisis’ in 2023, noting its rise to prominence at the 53^rd World Economic Forum Annual Meeting, and seeks to underscore the gravity behind it. Larchman provides a primer, in which she defines polycrisis, in part, as “a cluster of interconnected crises in which ‘the overall impact exceeds the sum of each part.’” The author then poses the question of how we navigate the polycrisis going forward and discusses concepts such as The Medici Effect and the doughnut economics model.