Some countries are not the fifth largest economy on earth teethering on the edge of Brexit. Where does the money come from? Sigh. Nevermind ...
It's a good question.
I suppose it's a matter of priorities. Modern economies are structured in such a way as to maximise profit for corporations.
At the top of the global economic pyramid, trillions of dollars is in the hands hands of a very small group of people, predominantly men, whose fortune and power grow exponentially. Billionaires have now more wealth than the 4.6 billion people who make up 60 percent of the planet’s population.
Only 4% of tax revenue comes from tax on wealth. The super-rich avoid tax liabilities, and pay some of the lowest levels of tax in recent decades. In the UK, last year just one of the FTSE100 companies was actually registered in the UK, the others registered in tax havens. High street chains like Boots pay almost no tax at all in the UK, and tech companies are even worse for evading tax payments.
Instead, taxes are falling disproportionately on working people. Governments undertax the rich; there's less money for healthcare, education and social services, meanwhile the government and councils outsource their services to profit-making companies.
So there is a lot to be said for 'herd immunity'. The burden of such programmes falls disproportionately on the old, the infirm, and those with underlying health issues. The benefit of such programmes to the government is manifold, not least because if you thin out those, then you also bring down the long term costs in terms of pensions and hospital fees. It's a win-win.
In terms of economic collapse, the truth is that countries could weather a pandemic if the economy was people-first, but it's not.
Operation Cygnus, the pandemic exercise in 2016, highlighted the faults: social services that are and have been run down, a lack of material resources, etc., etc. The response? There's no actual pandemic, so what's the problem? Like global warming, etc. Always put off until tomorrow, what you don't have to deal with today ...
And then Brexit ... and since then that's been the only game in town.
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Currently my views are rather partisan. A near-neighbour has a daughter working on a COVID ward. Her parents are talking about PTSD counselling — they can see the symptoms. And her stories, about not being able to recall even the gender of those who died today, and the fact that bodies are no longer cleaned before being shipped to the morgue, rather colour one's outlook.
I would happily scrap the nuclear weapons programme and use the money to fund a buffer for those jobs that are at risk. I would like to see banks pay at least a fraction of the cost of that, rather than mount problems so that even government-backed programmes become increasingly difficult to navigate and access, so while I sympathise with those whose livelihoods are at risk, I do not agree that herd immunity is the way to go. Rather, societies needs to discover a conscience, and put people before profit.