How would a capitalist social system have averted the COVID-19 pandemic?

If the health insurance, healthcare, biotechnology, diagnostic, pharmaceutical, and medical device industries had been allowed to flourish in a less welfare statist and more capitalist social system, pandemics would have received a lot more attention over the past 50 years. Yet-to-be-experienced advances would already be a reality, and it is highly likely that the COVID-19 pandemic would have been largely avoided. The fact that it wasn’t is but one price we pay for living in a welfare statist society.

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