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174 points jbegley | 1 comments | | HN request time: 0s | source
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0x262d ◴[] No.22771183[source]
Huge indictment of capitalism that we have an unbelievably high level of productive capacity and can't do any of these things: make hospital equipment including ventilators; produce enough masks; keep hospitals open (there has been a steady trend of closures brought on by financialization (profiteering) and mergers); train adequate numbers of hospital staff; and the most ridiculous so far is every business is desperately trying to stay open even for non-essential things, like Amazon.

Profiteering is undercutting every possible thing. The profit motive over a democratically planned economy is horrible most of the time but really becomes a mess in a crisis.

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salawat ◴[] No.22773748[source]
You might want to make your comment again without using the phrase "planned economy". It doesn't matter that you're probably using it to mean "an economy under the active influence of a government through large work orders in response to a crisis"; many economically versed individuals will take a gigantic dump on you regardless because they figure you're dog-whistling communism, intentionally or not.

Just figured you may want to know, because you have a decent point.

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1. minikites ◴[] No.22774784[source]
>economically versed individuals

Economically versed individuals would agree with the parent comment, not yours.