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by lowkey 1618 days ago
I find it strange that you would attribute success to capitalism in this case when there were no free markets involved in the development or sale of these vaccines. The bulk of the funding for the initial research came from government. The testing was done in partnership with the FDA, a government agency whose emergency use authorization was required to allow these vaccines to ship. The sales were made to government entities not individuals or even hospitals. And finally, the medical-pharma industrial complex has exactly nothing to do with free markets and open competition. In short, capitalism doesn't get the credit here. I'm not saying it was socialism that should get the credit, just that none of this involved capitalism as I understand it.