thinking about when the stock market crashed on March 12 2020 and how, by that afternoon, the Fed had injected $1.5 trillion into the banks with trillions more every day for weeks and no one blinked an eye. Anyway the US has officially been “considering” a TRIPSwaiver for 6 weeks
amazing how quick things move when it’s for the good of capital or the war machine and how slow they move when it’s poor, faceless foreigners dying. There won’t even be a TRIPS council meeting at the WTO to decide on a potential waiver until June. Yawn, no rush.
it took just 72hrs after the 9/11 attacks for congress to draft and pass the “war on terror” authorization we still use today. Biden has known about the TRIPS waiver proposal for over six months and is still allegedly mulling it over
Remember how quickly the WTO, pharma & US moved to sanction Nelson Mandela when he started to import unauthorized AIDS drugs. South Africa signed the law in December 1997, by February 1998 39 pharmaceutical companies had filed suit, with the full backing of the EU and Clinton WH
Devils is on the details but if it’s anything close to the India/South Africa proposal this would be ground shifting. But again, depends very much on the actual terms of the waiver
Biden announced the US would stop supporting the Saudi war in Yemen then two months later we learned they didn’t really at all, so the fine print is important here!
Note the Biden admin is not supporting THE TRIPSwaiver that’s been proposed by a new one that’s being negotiated now. So will likely look very different
one angle that’s not covered RE: “worker shortage” panic is the extent to which many of these examples are clearly informal capital strikes. It’s hard to pin down but it’s a thread reporters should pull on, business owners are notoriously high on their own libertarian ideology
Most of these restaurant and retail owners can clearly pay more if they want but they are worried about the precedent and they know if they ban together and whine to a compliant media enough and fake like people won’t get cheeseburgers politicians will pull UI and social programs
In some states it’s already achieved its goal. The extent to which the “worker shortage” is authentic rather than just cheapness is difficult to parse but we do know the same trade groups who pushed legislation like this also helped shape the media narrative on “worker shortages”
8min story on NPR this morning about why poor countries are not vaccinated and not a single mention of patents, TRIPS or the WTO. The culprits? moral failings on the part of leaders from poor countries and a bumbling––but totally good faith!––COVAX program npr.org/2021/05/04/993…
In the past 3 months NPR has only run three (3) stories covering the effort by poor countries and health advocates to get WTO vaccine patent rules suspended. One was a brief recap, one was an aside in a bigger story, and only one from 3/24 featured an advocate, Madhavi Sunder.
On the episode Sunder was the one voice for the patent suspensions, the other two (a literal Pharma lobbyist and a popular Gates-funded TRIPSwaiver concern troll) were opposed. wbur.org/onpoint/2021/0…
name the “others” opposed to the waiver! Someone name them, it’s always mysterious anonymous advisors nytimes.com/2021/05/03/us/…
after all the bullshit about how the global south doesn’t have “capacity”, and the TRIPS waiver is a “side show” and a “distraction” and it’s really “complex” and how the real problem is “corruption” in poor countries this is all the opposition to patent suspensions comes down to
what's noteworthy is how little Big Pharma's talking points have changed. When 39 drugmakers sued South Africa in 1998 for manufacturing unsanctioned generic AIDS drugs, they, like today, argued IP was a non sequitur and that the real issue was capacity in poor countries.
idea that superficial class politics cannot be coopted by elites is bizarre. Trump and Tucker claim to defend “workers”. Josh Hawley and Ted Cruz say they’ll fight “elites” and “corporations”. Faux class politics is currently the most popular PR gambit in the rich-serving GOP
Elites have attempted to coopt class politics since a little thing called the national SOCIALIST party. It’s a thing, a major current of rightwing messaging in dozens of countries over decades. This doesn’t mean we should abandoned class rhetoric!
to say nothin of Occupy Wall Street that spawned a 1000 corporate consultant grifters claiming they could “harness people power” for GE but that’s a different can of tuna
Glowing press release for the gambling industry & feckless govt leaders who refuse to adequately raise taxes on the rich. Just once it’d be useful for reporters to note ANY potential downsides to states’ rush to pass regressive taxes they mask as “gaming” nbcchicago.com/news/local/chi…
In addition to preying on the poor and elderly, casinos don’t even succeed based on their own criteria of generating revenue for “cash strapped states”. It’s a race to the bottom budget gimmick that’s entirely cannibalistic and increasingly losing money features.propublica.org/the-bad-bet/ho…
AP piece has not a single critical word, nothing but quotes from gambling industry hacks and politicians funded by gambling industry hacks. The only tension in the story is “how much free money and jobs will the state generate at no risk or cost”!!