Capitalism in the Time of Covid-19

Praise the Lord and Pass the Ionizer! See 99.99%. Photo from CBSNews.com.

Who said our economy shut down during shelter-in-place? Based on the nature of advertisements, businesses seem to be thriving–businesses targeted at selling masks, toilet paper, and chloroquine tablets, in particular. The innovation of greed has been a marvel to behold as this pandemic created, in just a few weeks, a whole sub-industry of quackery preying on people’s needs, fears, and hopes.

Counterfeit: Rascal Rollover

Despite the gutting of budgets for critical government health agencies like the CDC and FDA, the handful of people there are kept very busy posting about bogus companies. For example, the Wall Street Journal last week wrote about how thousands of overseas medical suppliers were using a fake Delaware registry as their representative. Pop over to the CDC, and you can easily find a handy list of how to tell if a company is falsely claiming their product is endorsed by the National Institute for Occupational Safety and Health. Hint: they might misspell NIOSH.

What’s crazy isn’t so much that an Asian company might market a product in the U.S. with the fancy label “Air Queen,” or that they might sell a lot of masks which aren’t medical-grade. What’s crazy is that they bothered to create a fake Letter of Approval from the NIOSH, which the NIOSH then has to post with a “We Don’t Endorse this Crap….” label. Instead of working to design and manufacture whatever they would need to make masks that are medical-grade, it’s obviously much cheaper to create a fake letter of endorsement. But since American consumers wouldn’t care whether the letter has the correct government agency on it, there must be a middle-market supplier who needed to be convinced, which requires someone to be on top of determining what the transport paperwork looks like for such agencies. That’s damn elaborate!

However, as the founder of Quackwatch Dr. Stephen Barrett told NPR, when the AIDS crisis arose, those who touted fake cancer cures started touting fake AIDS cures. He called it “Rascal Rollover.” With Covid-19, the Rascals roll on.

Continue reading “Capitalism in the Time of Covid-19”

Not Playing Ball

Sports Fan, the Word of the Day is avarice. That seems to cover it well at least for fans, network executives, owners, and players. Some owners and some players anyway, as how professional sports purveyors are planning to address opening of their sport in our Covid-soaked world varies dramatically by sport. If, like me, you are desperately greedy to watch some games besides a 13-2 baseball donnybrook from 2015 or the Doritos Cornhole Championships, then let me give you a rundown of plans for some of the national sports leagues. How those leagues differ in approach reveals a lot about their industry.

A new revenue stream for sports franchises! Photo from NBAStore.com. Made in China.

Let’s also agree that we don’t want anyone playing who might risk getting Covid-19. I’m not in the camp that thinks we can achieve herd immunity by letting the disease burns its way through or that only weenies wear masks. Any of these players and leagues could decide as they move forward–as they did on March 12th–that it’s too dangerous to risk the health of players, coaches, and surrounding support workers. We don’t yet know if any sport is safe enough. What is true is that this disease won’t discriminate between a linebacker and a knuckleball set-up pitcher.

Continue reading “Not Playing Ball”

We Do Not Protest Too Much

We’ve been down this road before. It has helped.

This past week has embraced us with the feeling of a watershed moment. Peaceful protests are still the central focus across the country, while incidents of mayhem seem to have died down. History shows that something good often comes out of it, impossible as it may seem at the time.

1963 Civil rights march, photo at Gallup.com, from US National Archives.

When Gallup conducted polls in the early 1960s, both before and after the 1963 March on Washington (the “I Have a Dream” speech), respondents said that such massed protests hurt the cause of civil rights. Not by a bare majority either; in May 1964, 74% of those polled by Gallup said that non-violent protests “hurt the Negro’s cause for racial equality. ” It’s hard to see the watershed when the waterfall is still falling on our heads.

Protests, historically, have followed a particular pattern. Oppression. Uprising, partly peaceful/partly violent. Masses come together. Law enforcement cracks down. More mass protests, more crackdowns. Trials with verdicts, rarely with justice satisifed. But later, some change. Society inches forward over the rubble.

Here are a few examples from the last seven centuries or so.

Negotiations Go Better when You Don’t Spit on the King

The Peasants’ Rebellion of 1381 is an early example of mass protests which led to positive change, though it took a squirrely path to get there. Let me set the scene. The Black Death had ravaged Eurasia and North Africa, where by the 1350s, somewhere between 30-60% of the population had succumbed. Peasants died by the millions, but the landowners and wealthy were also not spared, leading to a labor shortage and inflation. Laborers demanded higher wages and more autonomy, and some got it from the barons who depended on the peasants to work their farms for income. At the same time, England was engaging in continuous skirmishes with France on their own soil and across the Channel, and constant war was expensive. All of it sounds rather familiar.

Continue reading “We Do Not Protest Too Much”