While billionaires like Jeff Bezos have seen their wealth explode (again) during the Covid—19 pandemic, poor people have suffered the most (again). Poor people are feeling the brunt of the ill effects of the pandemic. Funny how that happens.
I recently heard a very interesting interview with Mariana Mazzucato Professor of Economics at University College in London. She wrote a book called The Value of Everything. I assume the title is a reference to a famous quote by Oscar Wilde, that “a cynic knows the cost of everything and the value of nothing.” I actually have used that line to describe some conservatives I know. With some justification I might add.
At the time she was speaking on the television show she said that just as 8 million case of Covid-19 have been experienced in the US, 8 million people have dropped down below the poverty line. At about the same the average wealth of billionaires had gone up by 25%. More than a million people had died and 38 million people infected (at the time of the interview). Many more since then, of course. According to the Gates Foundation at the time 37 million people around the world had been pushed from poverty into extreme poverty! That means they earned less than $1.90 per day. Meanwhile the rich are getting much richer. Meanwhile conservative politicians think everything is fine and no changes are needed. That is what my own member of Parliament, Ted Falk believes. with enthusiasm he believes that. In fact any suggested changes must mean the crypto-communists are trying to turn our country into a communist hell.
Why does it have to work that way? The short answer is that it doesn’t have to work that way, it works that way only because we allow it to work that way. We keep electing politicians like Ted Falk. That is the system the well to do, together with their political minions, want to conserve. That is the essence of modern conservatism. Everything is fine for us, so everything is fine.