Why Governments Failed the Challenge of Covid and Capitalism Succeeded

Capitalism has had a good Covid. While governments of every political hue seem to stumble from one crisis to the next, for profit corporations stepped up to deliver our food and consumer goods to our doors, reroute disrupted supply chains, manufacture huge amounts of PPE, and develop multiple safe and effective vaccines in record time. I put this triumph of capitalism over statecraft down to two factors in particular. 

1. Corporations are better at globalisation than national governments 
2. Political incentives are less well aligned with the public interest than those for corporations

Vaccination Need Not Be Compulsory To Be Universal

Covid-19 vaccination take up has been disappointingly low in many countries, or parts of countries, such as in America. Given that vaccination offers significant private and public benefits, this is surprising. Is it permissible or even required for governments to compel or incentivise vaccination, and if so, how?

Transform Selfishness into a Public Benefit: Sell Some of the Covid Vaccine to the Highest Bidders

Of the Corona vaccine doses available each week, 1% should be auctioned off to the highest bidders and the money given to to humanitarian charities like the Red Cross and Salvation Army. This will ensure that the limited amount of vaccine we now have will achieve the most good. Perhaps more surprisingly, it will also be fairer.

Two Failures Of Covid Science - And How To Do Better Next Time

While there have been obvious achievements by Covid science these should not obscure the very significant failures that have also occurred, such as around the politicisation of scientific advice and the delay in rolling out vaccine programmes. These failures may have allowed hundreds of thousands of avoidable deaths, as well as extending and worsening the social and economic impact of the epidemic on billions of people. Nevertheless, the point of identifying such failures is not to allocate blame, but rather to plan for how to do things better in future. 

For The Sake Of Science - Let The Anti-Vaxxers Have Their Way

The authority of scientific experts is in decline. More and more people think they can figure things out just fine by themselves and reject the intellectual division of labour laboriously built up over the last few hundred years. This is foolish since expertise is a civilisational super power on which our modern prosperity is founded. It is also dangerous since expert advice is essential to addressing existential threats like epidemics and climate change. The fewer people believe scientists’ pronouncements, the more danger we are all in.

Fortunately I think there is a solution for this problem. Unfortunately, it looks like some people are going to have to die.