Again, I apologize for #COVID-19 links all over the place, but that seems to be the story, doesn’t it?
Former CDC director: A coronavirus pandemic is inevitable. What now? CNN. The conventional wisdom has gone from “not a story” to “it’s a pandemic, there’s nothing we can do” with breath-taking speed. This after China, no matter its enormous sins of omission and commission at the start of #COVID’s spread, bought the world at least a month with its draconian quarantine provisions, at great cost to themselves. A month which “The Leader Of The Free World,” “The Indispensane Nation,” has squandered.
There it is:
‼️ Azar refuses to promise a coronavirus vaccine will be affordable for anyone:
“We would want to ensure that we work to make it affordable, but we can’t control that price, because we need the private sector to invest.. Price controls won’t get us there.”
The tips in the CNN article are helpful, but the consumerist subtext is the same as with Hurricane Katrina, Hurricane Sandy, and Hurricane Maria, plus every other “natural” disaster: You’re on your own.
World Bank’s Fragility Forum in DC (which we’d been preparing for) has been cancelled due to COVID-19. That’s clearly not a decision that was taken lightly as it’s a 2,000+ person event, with many folks in town already.
“[T]he coronavirus is going to introduce economic conditions with which few people in modern America are familiar: the prospect of shortages. After 25 years of offshoring and consolidation, we now rely on overseas production for just about everything. Now in the wake of the coronavirus, China has shut down much of its production; South Korea and Italy will shut down as well. Once the final imports from these countries have worked their way through the supply chains and hit our shores, it could be a while before we get more. This coronavirus will reveal, in other words, a crisis of production—and one that’s coming just in time for a presidential election.”
Thank you, globalizing neoliberals of both parties, for this predictable and predicted outcome. (I believe there more than an echo of The Bearded One in “production crisis,” but I also believe that by the allied concept “overproduction crisis” is meant the over-production of capital, not of goods; that’s why there’s so much stupid money sloshing about. It would be a savage historical irony if, as seems to be about to be the case, we had, simultaneously, so much excess capital we don’t know where to invest it, while at the same time a shortage of basic necessities due to supply chain collapse (and, underlying that, the neoliberal policy of gutting the manufacturing sector and shipping it to a country with a public health system too fragile to bear the burden.) Sorry for the potted Marxism, do correct.
Theres an am*zon warehouse in my city. 4000 + workers. Many of my friends work there and had a stomach bug after thanksgiving. Sups didnt care and just put trash cans on the sorting line for them. Its gonna be a problem