Tuesday, May 31, 2022

Truest statement of the week

 

“Socialism doesn’t work” is repeated like a mantra. We’re told endlessly that capitalism provides jobs, housing, food, and health care in this country when it does a very bad job of doing all these things. The United States is said to be “the richest country in the world,” a strange statement which implies that the people are prosperous even though they aren’t.

Gig work, housing insecurity, medical debt, and student loan debt are all common experiences for people in the U.S. Now, to add insult to injury, the system said to be so superior can’t even keep little babies fed.

There is an historic shortage of baby formula. There are parts of the country where food for infants simply can’t be found at any price. This headline is the most honest about the situation. “America is running out of baby formula because 3 companies control the market and babies aren’t that profitable .” There are only three baby formula manufacturers and one of them, Abbott, had to shut down its plant after a whistleblower revealed their product was contaminated. Two infant deaths may be related to the contamination, which went undiscovered despite Food and Drug Administration regulatory authority.

The Biden administration has invoked the Defense Production Act to increase the supply and now allows formula from foreign countries to be imported. They are making quite a show of their late in the day response to a situation that should have been addressed sooner. But the stop gaps to resolve a temporary crisis should not allow a bigger problem to go unmentioned. Capitalism is the problem. Transportation Secretary and onetime presidential candidate Pete Buttigieg admitted as much even as he tried to defend the failed state. “But let's be very clear. This is a capitalist country. The government does not make baby formula, nor should it. Companies make formula.”

In a better society, a socialist society, baby formula wouldn’t be sold by private interests. It would be provided free of charge to every family and yes, the government would make it.

 

-- Margaret Kimberley, "Capitalism and Baby Formula" (BLACK AGENDA REPORT).  

 

 

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