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Coronavirus - Part Two.

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If that reply above is in reply to my post #4620, it is a total failure.

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As I pointed out, the theme I outline is more fully addressed by Mariana Mazzucato in her 2019 book, The Value of Everything: Making and taking in the global economy.

 

There is a word essential to all users of social media, 'sealioning'. This is explained by Wikipedia thus:

 

In 2014, the word "sea lioning" (also rendered "sea-lioning" or "sealioning") was coined based on a Wondermark [comic] strip, referring to a type of Internet trolling which consists of bad-faith requests for evidence, or repeated questions, in an attempt to derail a discussion or to wear down the patience of one's opponent. In the comic strip, a character expresses a dislike of sea lions, and a sea lion immediately appears, following the character around to repeatedly ask why that is.

https://en.wikipedia.org/wiki/Wondermark

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1 hour ago, Staunton said:

We are urged by free market economists and their media champions to accept the notion that entrepreneurs are brave investors, creating wealth and jobs. They are not. In fact they are nothing more than profit seekers, extracting wealth for themselves, and causing social and economic devastation in the process. At the heart of free market economics is the mechanism known as 'maximising shareholder value'. Businesses are not interested in any other contributors to an enterprise than their executives and their shareholders - they seek to employ any necessary labour at the lowest cost, to drive down the price they pay their suppliers and distributors, to cheat their taxes and to discharge their waste as cheaply as possible, for free if possible, thereby polluting the environment, contributing to global heating, etc. They don't create wealth, just hoard it. All these notions are obscured by the ideology known as neoliberalism, which pushes the myth of the brave, fearless, independent individual, bringing prosperity where there was none.

 

The UK vaccine project is instructive since its success featured the reverse of neoliberal doctrine - up-front public investment, public research in the university laboratory, and 'at cost' delivery (i.e. no immediate profit to the manufacturer). And it's roll-out is being successfully handled by the NHS and it's taxpayer funded, established, public, institutional structure. These social-democratic principles are what facilitated the astrazenica/Oxford achievements, and the very success of the project gives an ideal example of how sensible economic policy can contribute to democratic society rather than exhaust it and drive the world to ruin.

 

For a fascinating account of this theme see Mariana Mazzucato, The Value of Everything: Making and taking in the global economy, Penguin (London, 2019)

I agree entirely. Well said.

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6 minutes ago, Anna B said:

I agree entirely. Well said.

Me too Anna, brilliant post.

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4 hours ago, West 77 said:

 All vaccines manufactured anyway in the World rely on global  imports of components in order for to make a vaccine.  

Indeed. I heard it mentioned on the radio that a key fatty acid component of the Pfizer vaccine is sourced from a company in Yorkshire.

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9 hours ago, Anna B said:

I agree entirely. Well said.

 

9 hours ago, Padders said:

Me too Anna, brilliant post.

Well, you both would, wouldn't you?

 

I still don't, BTW.

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You cannot awaken anyone who only pretends to be asleep.

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21 hours ago, Staunton said:

The UK vaccine project is instructive since its success featured the reverse of neoliberal doctrine - up-front public investment, public research in the university laboratory, and 'at cost' delivery (i.e. no immediate profit to the manufacturer). And it's roll-out is being successfully handled by the NHS and it's taxpayer funded, established, public, institutional structure. These social-democratic principles are what facilitated the astrazenica/Oxford achievements, and the very success of the project gives an ideal example of how sensible economic policy can contribute to democratic society rather than exhaust it and drive the world to ruin.

Me bold. Don't kid yourself that the vaccination program has been successful because of social-democratic principles. All of the above is funded from capitalism gained from that very neoliberal doctrine people seem to now complain about and would not have happened without it. The idea now is to get as many people vaccinated as quick as possible so it allows people back to work again, That brings in taxes and allows capitalism to thrive once again to pay for all this mess covid has caused.

 

https://news.sky.com/story/covid-19-the-multi-billion-pound-business-of-the-oxford-vaccine-12134833

 

2 hours ago, Staunton said:

You cannot awaken anyone who only pretends to be asleep.

As Einstein said:

 

"The only thing more dangerous than ignorance is arrogance."

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And under no circumstances do they want us to wake up.

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2 hours ago, apelike said:

 

Me bold. Don't kid yourself that the vaccination program has been successful because of social-democratic principles. All of the above is funded from capitalism gained from that very neoliberal doctrine people seem to now complain about and would not have happened without it. The idea now is to get as many people vaccinated as quick as possible so it allows people back to work again, That brings in taxes and allows capitalism to thrive once again to pay for all this mess covid has caused.

 

https://news.sky.com/story/covid-19-the-multi-billion-pound-business-of-the-oxford-vaccine-12134833

 

As Einstein said:

 

"The only thing more dangerous than ignorance is arrogance."

I don't think the post is arrogant at all. Quite profound IMO

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1 hour ago, Mister M said:

I don't think the post is arrogant at all. Quite profound IMO

But taken out of context by you as it was a reply to post #4630 and this:

 

"You cannot awaken anyone who only pretends to be asleep."

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The WHO announced on Thursday (last) that vaccination in Europe was not happening quickly enough to slow down transmission.
New infections have risen for three straight weeks.

And more people were dying from Cov-19 than a year ago.

What on earth is going on ?

 

 

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