Capitalism Medicine

Early in the 21st century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, or software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, from tech firms and pharma companies to coffee shops and gyms, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success.

When American saxophonist and social activist Fred Ho was diagnosed with stage 3b colo-rectal cancer in 2006 he underwent immediate surgery to remove the tumor and began preparing for chemotherapy. Within days his friends mobilized to arrange grocery deliveries, transport, companionship, and housekeeping duties - they called themselves “Warriors for Fred”. Fred chose to write his astonishing cancer memoir as a diary, acknowledging that all the greatest warriors wrote daily diaries.

The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook, and Amazon are gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies when it comes to high speed internet, health insurance, medical care, mortgage title insurance, or even consumer goods like toothpaste.

Life expectancy in the United States has recently fallen for three years in a row - a reversal not seen since 1918 or in any other wealthy nation in modern times. In the past two decades, deaths of despair from suicide, drug overdose, and alcoholism have risen dramatically, and now claim hundreds of thousands of American lives each year - and they're still rising. Case and Deaton, known for first sounding the alarm about deaths of despair, explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class.

An expert legal review of the US government’s response to epidemics through history—with larger conclusions about COVID-19, and reforms needed for the next plague In this narrative history of the US through major outbreaks of contagious disease, from yellow fever to the Spanish flu, from...