"The scale of the plague is surprising, indeed shocking, but not its appearance. Nor the fact that the U.S. has the worst record in responding to the crisis. [...] Market signals were clear: There's no profit in preventing a future catastrophe. [...] The government could have stepped in, but that's barred by reigning doctrine: "Government is the problem," Reagan told us with his sunny smile, meaning that decision-making has to be handed over even more fully to the business world, which is devoted to private profit and is free from influence by those who might be concerned with the common good. The years that followed injected a dose of neoliberal brutality to the unconstrained capitalist order and the twisted form of markets it constructs. [...] The neoliberal version of capitalism has been in force since Reagan and Margaret Thatcher, beginning shortly before. There should be no need to detail its grim consequences. Reagan's generosity to the super-rich is of direct relevance today as another bailout is in progress. Reagan quickly lifted the ban on s and other devices to shift the tax burden to the public, and also authorized stock buybacks — a device to inflate s and enrich corporate management and the very wealthy (who own most of the stock) while undermining the of the enterprise."