The state as common good’s last stand: Recipes to stop oligarchy
If the Covid pandemic made one thing clear, it’s that profit maximization must not serve as the guiding light for resource allocation. Despite the early warning shots of SARS in 2003 and MERS in 2012, no major pharmaceutical company had made progress in developing vaccines against a possible coronavirus by 2020. No supplier of medical equipment had stocked the ventilators needed to confront the emergency, let alone masks.
