Capitalism Versus Coronavirus

Capitalism Versus Coronavirus

By The Intercept

From just a handful of cases a few weeks ago, the COVID-19 outbreak in the US has ballooned to over a thousand cases nationwide. The Trump administration’s public response has ranged from incoherent to incomprehensible: denialism about the scale of the problem, failure to test in sufficient numbers, a reluctance to take coordinated, large-scale government action. It’s also raised questions about the US healthcare system’s capacity to respond effectively to a health crisis on this scale. Columbia professor and economist Jeffrey Sachs joins Mehdi Hasan to discuss American capitalism’s failure to deal effectively with the coronavirus.

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