Capitalism Versus Coronavirus

Deconstructed

Capitalism Versus Coronavirus

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FROM JUST A handful of cases a few weeks ago, the Covid-19 outbreak in the U.S. has ballooned to over 1,000 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 has also raised questions about the U.S. health care 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.

“With this pandemic, this government has to be judged on its incompetence, its venality, its ignorance and it will add to our costs and our dangers absolutely in an enormously depressing and significant way.“

— Jeffrey Sachs.

First aired on The Intercept.

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