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Showing posts with the label "value chain"

Global Capitalism

"Viruses mutate all the time to be sure. But the circumstances in which a mutation becomes life-threatening depend on human actions. But the economic and demographic impacts of the spread of the virus depend upon preexisting cracks and vulnerabilities in the hegemonic economic model. Public authorities and health care systems were almost everywhere caught short-handed. Forty years of  neoliberalism  across North and South America and Europe had left the public totally exposed and ill-prepared to face a public health crisis of this sort, even though previous scares of SARS and Ebola provided abundant warnings as well as cogent lessons as to what would be needed to be done. Corporatist  Big Pharma  has little or no interest in non-remunerative research on infectious diseases (such as the whole class of coronaviruses that have been well-known since the 1960s).  Workforces in most parts of the world have long been socialized to behave as good neoliberal sub...