Lexicus
Deity
It's funny that the US was a victim of greed (not stopping to plan and change workplaces, and start doing things with proper protection), but also of its own propaganda! "Failed" states, states victim of economic embargoes imposed by the US, were "out of toilet paper", that was the propaganda. So conditioned were americans by this that they ran into their supermakers to stock up on all the toilet paper they could... while not bothering to stock up on more important necessities!
Another propaganda point was that "failed countries" had empty shelves at supermarkers, so there was huge pressure to not stop the supply just-in-time chain to avoid, as far as possible, such sights in the US. Therefore these companies like the meatpackers got way with pressuring their employees to continue to work in unsafe conditions, thereby setting the stage for the inevitable epidemics in the plants...
Talk about blowback!
I saw a post on Facebook in a post-Keynesian group earlier today that basically said: you cannot finance your way out of a real crisis. The only way for society to weather a crisis like this is to produce a buffer stock of real resources...but of course that will never be done under business-as-usual capitalism because no one can make a profit from it.
This is shown quite clearly in the case of ventilators:
With only a couple of bids, BARDA settled on a small, privately held ventilator company in Costa Mesa, California, Newport Medical Instruments Inc. BARDA and Newport signed a $6.4 million contract in September 2010, specifying that the money would be doled out incrementally as the company met various milestones.
But in May 2012, Newport was purchased by a larger Irish medical device company, Covidien, for $108 million. Covidien quickly downsized and asked Rick Crawford, Newport’s former head of research and development and the lead designer of the BARDA ventilator, to finish up the project without any staff assigned to him. Crawford said he took a job with another company.
“I don’t know how you finish a project when nobody reports to you,” he recalled thinking.
A former BARDA official who worked on the project said that Covidien began raising issue after issue and demanded more money. BARDA agreed, eventually tacking on almost $2 million more to the price tag, records show. Even so, Covidien abandoned the project.