123. The lie of free markets
I
have commented on the inadequacies of free markets in post XXX. It is striking
to the observer that countries and even regions most aligned with these
philosophies are performing much worse than all others in protecting their
citizens from a health crisis like coronavirus. Free market fundamentalists are
loath to imposing the wearing of facemasks, or lockdown, on their population. For
them, the illusion of an individual’s freedom is more important than safety or
the rights of others. The consequences are not only obvious in catastrophic
pandemic statistics in Brazil, US or UK, but also for example in the Madrid
region in Spain, governed by a particularly fundamentalist cabal of PP
politicians. Free marketeers undertake a systematic long term reduction of Health
and other Public Safety resources. Its effects on local populations (longer
queues, dropping standard of treatment) are blamed on invented pressure from
immigration. Alas, this may fool voters, but it does not fool viruses
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