{"id":3852,"date":"2021-06-21T20:08:58","date_gmt":"2021-06-21T17:08:58","guid":{"rendered":"https:\/\/metacpc.org\/?p=3852"},"modified":"2021-06-21T20:09:00","modified_gmt":"2021-06-21T17:09:00","slug":"capitalist-nations-bailed-out-banks-while-skimping-on-funds-to-vaccinate-humanity","status":"publish","type":"post","link":"https:\/\/metacpc.org\/en\/capitalist-nations-bailed-out-banks-while-skimping-on-funds-to-vaccinate-humanity\/","title":{"rendered":"Capitalist Nations Bailed Out Banks While Skimping on Funds to Vaccinate Humanity"},"content":{"rendered":"\n<p class=\"has-text-align-center\"><strong><span class=\"has-inline-color has-accent-color\">&#8216;Democracy Now!&#8217; <a href=\"https:\/\/www.democracynow.org\/2021\/6\/21\/summit_for_vaccine_internationalism\" target=\"_blank\" rel=\"noopener\">report <\/a>on the <a href=\"https:\/\/progressive.international\/wire\/2021-06-21-progressive-international-hails-the-beginning-of-a-new-international-health-order-as-global-south-states-commit-to-share-covid-19-vaccine-technology-and-production\/en\" target=\"_blank\" rel=\"noreferrer noopener\">Progressive International&#8217;s Vaccine Internationalism<\/a><\/span><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"&#039;Democracy Now!&#039; report on the Progressive International&#039;s Vaccine Internationalism\" width=\"580\" height=\"326\" src=\"https:\/\/www.youtube.com\/embed\/mkuVi7k14Fw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"has-drop-cap\">More than 2.6 billion&nbsp;COVID-19 vaccines have been administered worldwide, but many countries have yet to see a single shot amid mounting infections. Eighty-five percent of vaccines administered worldwide have been in high- and upper-middle-income countries. Only 0.3% of doses have been administered in low-income countries. Last week, G7 nations pledged to donate just 613 million new vaccine doses \u2014 far less than the 1 billion originally promised. This was the focus of an emergency four-day virtual Summit for Vaccine Internationalism this weekend, attended by government ministers, parliamentarians and public health officials from many countries, including Argentina, Bolivia, Vietnam, India, Greece, the United Kingdom, Canada and Cuba. The summit was organized by Progressive International, an organization founded by Senator Bernie Sanders and former Greek Finance Minister Yanis Varoufakis. \u201cThis is how we radicalize the world in order to be able to end the patent monopoly of Big Pharma,\u201d says Varoufakis in his address, \u201cso that there are no more patents that prevent people from access to pharmaceuticals \u2026 available in order to save lives.\u201d<\/p>\n\n\n\n<h5 class=\"wp-block-heading\"><span class=\"has-inline-color has-accent-color\">Transcript<\/span><\/h5>\n\n\n\n<p>This is a rush transcript. Copy may not be in its final form.<\/p>\n\n\n\n<p><strong>AMY&nbsp;GOODMAN:<\/strong>&nbsp;This is&nbsp;<em>Democracy Now!<\/em>,&nbsp;<em>The War and Peace Report<\/em>,&nbsp;<em>The Quarantine Report<\/em>.<\/p>\n\n\n\n<p>We look now at the push to respond to what the World Health Organization calls \u201cvaccine apartheid\u201d with vaccine internationalism. More than 2.6 billion&nbsp;COVID-19 vaccines have been administered worldwide, but many countries have yet to see a single shot amidst mounting infections. Eighty-five percent of vaccines administered worldwide have been in high- and upper-middle-income countries. Only 0.3% of doses have been administered in low-income countries.<\/p>\n\n\n\n<p>Last week, G7 nations pledged to donate more than 600 million new vaccine doses \u2014 far less than the 1 billion originally promised. This was the focus of an emergency four-day virtual Summit on Vaccine Internationalism this weekend, attended by government ministers, parliamentarians, public health officials from countries around the world, including Argentina, Bolivia, Vietnam, India, Greece, the United Kingdom, Canada and Cuba. The summit was organized by Progressive International, the group founded by Senator Bernie Sanders and the former Greek finance minister, Yanis Varoufakis. This is Varoufakis.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>YANIS&nbsp;VAROUFAKIS:<\/strong>&nbsp;I want to share with you two numbers. $9,000 billion, $9,000 billion, $9 trillion \u2014 this is the sum of money that the G7, the leading economies, central banks printed to give to the bankers during the pandemic between March of 2020 and today, $9,000 billion.<\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Now for the second number. The International Monetary Fund has come up with an estimate of how much it would cost, at the present prices, to vaccinate the world, using existing vaccines, to vaccinate everyone fully, two doses when necessary: $39 billion.<\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>So, compare and contrast: 9,000, 39. They printed 9,000 for the bankers, and they are still thinking about how to vaccinate the world, that would cost only 39.<\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>We progressives, of course, never expect the central bankers of the capitalist West to produce the $39 billion, even though it would just be a touch of a button for them, to vaccinate humanity. We do not expect such humanism from them.<\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>But, comrades, it is essential that we broadcast from the rooftops the news, for everyone to listen to, that they printed 9,000 billion, and only with 39 they could have ended the pandemic for the world, because only by demonstrating to good people out there who are not radicalized, who are not part of the Progressive International, who are not leftists, only by explaining to them that we don\u2019t need even to wait for socialism, for nationalization of Big Pharma, for big, structural, revolutionary changes \u2014&nbsp;a tiny little move of one finger within the existing awful capitalism would have saved humanity from&nbsp;COVID-19, and they are not doing it. This is how we inject outrage in the hearts and minds of good people out there who are not radicalized yet. This is how we radicalize the world, in order to be able to end the patent monopoly of Big Pharma, in order to internationalize, nationalize, socialize \u2014 call it whatever you will \u2014&nbsp;Big Pharma, so that there are no more patents that prevent people from access to pharmaceuticals \u2014 vaccines, drugs, whatever is necessary \u2014&nbsp;which is available in order to save lives.<\/p><\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>So, let\u2019s do it all. Expose Big Pharma, big politics, the oligarchy for their lack of willingness to do even things that are consistent with their own awful system, in order to save humanity. Work towards ending the patent system, replacing it, for instance, with a prize system. How about having a situation where we say, \u201cWhichever company produces a vaccine against&nbsp;HIV, we\u2019ll give them 5, 10 billion, but not a patent\u201d? Then they will have to make the patent available to everyone. Support existing pharmaceutical companies in Cuba, in Africa that can produce vaccines today. And start the process of convincing the world out there who are not part of the Progressive International that they should be part of the Progressive International, radicalizing them by means of this combination of, on the one hand, demonstrating to them life-saving changes that could take place even within this global techno-feudalism, as I call global capitalism, and then harvest the ensuing anger in order to create the revolutionary progressive dynamic by which we are going to change the world, vaccinate everyone and provide the basics to everyone that needs them. Thank you.<\/p><\/blockquote>\n\n\n\n<p><strong>AMY&nbsp;GOODMAN:<\/strong>&nbsp;That\u2019s former Greek Finance Minister Yanis Varoufakis.<\/p>\n\n\n\n<p><strong><span class=\"has-inline-color has-accent-color\"><a rel=\"noreferrer noopener\" href=\"https:\/\/progressive.international\/wire\/2021-06-21-progressive-international-hails-the-beginning-of-a-new-international-health-order-as-global-south-states-commit-to-share-covid-19-vaccine-technology-and-production\/en\" target=\"_blank\">Click here<\/a> to read more on the Progressive International&#8217;s Summit for Vaccine Internationalism<\/span><\/strong>.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;Democracy Now!&#8217; report on the Progressive International&#8217;s Vaccine [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3848,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-parts\/content-blog.php","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"_tribe_events_control_status":"","_tribe_events_control_status_canceled_reason":"","_tribe_events_control_status_postponed_reason":"","_tribe_events_control_online":"","_tribe_events_control_online_url":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-3852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-we-like-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/posts\/3852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/comments?post=3852"}],"version-history":[{"count":2,"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/posts\/3852\/revisions"}],"predecessor-version":[{"id":3854,"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/posts\/3852\/revisions\/3854"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/media\/3848"}],"wp:attachment":[{"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/media?parent=3852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/categories?post=3852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metacpc.org\/en\/wp-json\/wp\/v2\/tags?post=3852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}