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Monday 18 May 2020

Health and the mega-rich

What else can a mega-rich man do? He is at threat from the virus and further pandemics. If he wants to protect himself he needs an effective WHO and vaccines. He’ll obviously think investing in these will help him protect himself while giving him a positive reputation as a philanthropist at the same time. Unfortunately this is very unlikely to provide bulletproof protection for him since medicine might appear to succeed on mass scale but for any individual the success is always limited and side effects or bad effects likely. Yet what else can an extremely rich person hope to achieve? The onus is therefore on society and governments to protect the masses from the private interests of the rich and mega-rich who can afford to make their projects look philanthropic. China has to manage many such mega-rich architects of its new cities and society. The West must do the same.