A shopper picks up a package of toilet paper at a store in Burbank, California, on November 19. Paper towels and other cleaning supplies are flying off retail shelves amid a new wave of panic buying as the United States faces the most recent surge in coronavirus infections. Photo: AFP
A shopper picks up a package of toilet paper at a store in Burbank, California, on November 19. Paper towels and other cleaning supplies are flying off retail shelves amid a new wave of panic buying as the United States faces the most recent surge in coronavirus infections. Photo: AFP
Josef Gregory Mahoney
Opinion

Opinion

The View by Josef Gregory Mahoney

US is infected with ‘pandemic capitalism’ as markets incentivise suffering

  • A distinct strain of pandemic capitalism is present in the United States as stock prices soar and the government and markets prioritise profits over people
  • Women, the working poor and minorities have taken the brunt of the suffering while drug companies, tech firms and friends of the government lined their pockets

A shopper picks up a package of toilet paper at a store in Burbank, California, on November 19. Paper towels and other cleaning supplies are flying off retail shelves amid a new wave of panic buying as the United States faces the most recent surge in coronavirus infections. Photo: AFP
A shopper picks up a package of toilet paper at a store in Burbank, California, on November 19. Paper towels and other cleaning supplies are flying off retail shelves amid a new wave of panic buying as the United States faces the most recent surge in coronavirus infections. Photo: AFP
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