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Thursday April 25, 2024

Unequal world

By Sam Pizzigati
January 06, 2021

Remember that old joke they used to tell -- and maybe still do -- in luxury retail circles? The customer, precious product in hand, walks over to a haughty sales clerk at a high-end emporium and timidly asks: “How much does this cost.”

“If you have to ask,” the sales clerk smiles back, “you can’t afford it.”

How much more unequal have we become in 2020? This question demands that we turn that old joke inside-out: We have to ask because we can’t afford not to know. And we can’t afford not to know because inequality is killing us. We have to know exactly what we’re facing.

And what we’re facing, the economists Anne Case and Angus Deaton have just reminded us, doesn’t look good. Yes, they acknowledge, we most certainly will be getting the pandemic much more under control over the course of the year ahead. But that will just leave us with an intolerable status quo ante, with ‘deaths of despair’ -- suicides, drug overdoses, and liver disease -- taking lives by the tens of thousands.

In 2019, the last full pre-pandemic year, ‘deaths of despair’ felled 164,000 Americans, almost triple the annual total a generation earlier. These deaths may well increase significantly in 2021, Case and Deaton fear, “as the structure of the economy shifts”. Many more people will be working remotely post-pandemic than before Covid-19 first hit. Downtowns will be losing service jobs on a permanent basis. The resulting disruptions will likely seriously expand the ranks of the despairing.

But we will have more than deaths of despair to fear. Covid-19 will indeed eventually ebb, but inequality is slowing that ebbing. One reflection of inequality’s sobering impact: We’re now privileging the already privileged in the emerging chaotic rush to administer precious life-saving vials of vaccine.

“Rural areas and towns with smaller populations are being trampled in the stampede,” notes science writer Leigh Phillips. “The regions and hospitals able to bid the highest are not necessarily the ones most in need.”

Our corporate vaccine makers, meanwhile, are fighting all efforts to move vaccine patents into some sort of emergency public domain status, a step that would enable wider and faster vaccine manufacture and distribution, especially within poorer societies worldwide.

The prime argument Big Pharma is making against patent reform? Pharmaceutical firms, the argument goes, will have no incentive to develop vaccines if they can’t count on their patent-guaranteed market power, an incredibly cynical defense, observes science analyst Phillips, given that “almost every penny of the cost of research, development, and manufacture” of the Covid-19 vaccines has come from government grants and contracts.

Still another key reason inequality is slowing progress against the pandemic: The less equal societies become, the less they seem to trust science.

Excerpted: ‘In 2021, Let's Ring a Global Alarm—on Inequality—That Everyone Can Hear’

Commondreams.org