Eric Zuesse – How Nations’ Responses to Corona Virus Will Determine their Future Role in the World

Corona Virus (foto

How Nations’ Responses to Corona Virus Will Determine their Future Role in the World

This Virus isn’t deciding the future, but each nation’s response to it is.

The United States, which recorded its ten millionth case of Corona Virus 19 (or Covid 19) on November 6th, is currently on an upward trajectory of daily new cases of Corona Virus 19 (or Covid 19), and reached an all time record high of 132,540 new cases on November 6th. Donald Trump’s conspicuous leadership failure on this might have cost him the 2020 re election victory he had hoped for, but its implications extend far beyond merely that. Of course, these are global implications.

Basically, Corona Virus 19 is increasingly making clear, to the world, that libertarianism (as it’s called in the United States) or neo liberalism (as it’s called in Europe) is a false model for running a country, and that, in order to maximize the happiness or satisfaction of a given nation’s people (or, in other words, to serve them in the most effective way), strong economic numbers are less important than maintaining and improving the health and well being – the safety – of the nation’s public. Without doing this, a nation’s leadership is poor, even if the nation is a democracy, and even if its per capita GDP is high. If the public live in fear, then the basis for happiness does not exist, no matter how wealthy they are, and no matter how free they are.

Here is how to get to the data that are the basis for this conclusion.

Wait till the main section, “Reported Cases and Deaths by Country, Territory, or Conveyance” finishes loading.

Then, click onto the column heading “Tot Cases/1M pop” (total cases per million population).

The highest numbers of cases per million in countries larger than 10 million are (N° 5) Belgium at 40,338; (N° 6) Czechia at 35,956; (N° 17) US at 29,784; (N° 18) Spain at 29,210; (N° 19) Peru at 27,522;(N° 20) Chile at 26,943; (N° 21) Argentina at 26,598; (N° 22) Brazil at 26,258; (N° 23) France at 24,514; and (N° 25) Netherlands at 22,772. All of them are countries in the US UK empire.

The lowest 10 countries, among nations larger than 10 million, are Tanzania at 8, Vietnam at 12, Cambodia at 17, Taiwan at 24, both Niger and Burundi at 50, Thailand at 55, China at 60, Yemen at 69, and Chad at 92. Only one of them – Taiwan – is yet in the US UK empire, though Thailand and Yemen formerly had been, and the US UK Governments are trying to get them back (and are trying to keep Taiwan there, though it is historically a part of China).

Tanzania ranked in Gallup’s – which is the most reliable – rankings of countries on corruption, as being dead last, N° 129 out of the 129 countries, the world’s most corrupt. It’s one of just two countries (the other being North Korea) that don’t report cases of Corona Virus 19 to the WHO. So that figure, of “8” per million, is totally unreliable. Vietnam ranked as one of the 17 least corrupt of the 129 ranked nations, and so its low infection rate for Corona Virus is trustworthy. Cambodia, Taiwan, Niger, Yemen, and the US, all ranked as being about equally corrupt as one another, all near the middle of the 129 nations surveyed. Thailand and Chad were among the 14 most corrupt nations and, so, their Corona Virus infection rates could be untrustworthy. China wasn’t rated by Gallup. Perhaps Gallup didn’t want to find out what China’s corruption score is. In 2019, Gallup polled in 144 countries on questions regarding the extent of “law and order” there; and, in this survey, China ranked as being the third best. All other indications also place China at least in the top half of all nations, as being relatively non corrupt. China’s count of 60 cases per million is trustworthy.

Among large nations, others with rates that are less than 2% of the world’s highest, are: Burkina Faso 120, DRC 127, Mali 178, Benin 224, South Sudan 262, Somalia 264, Uganda 294, Nigeria 305, Malawi 308, Sudan 315, Syria 338, Angola 364, Rwanda (the world’s least corrupt country) 398, Mozambique 424, South Korea 527, Zimbabwe 565, Sri Lanka 586, Madagascar 613, Cuba 634, Ivory Coast 782, Haiti 795, and Japan 822. Only Haiti, South Korea, and Japan, are in the US UK orbit, but each has significant resistance to remaining there, and could leave the US UK empire.

New Zealand is small, only five million population, but its Covid infection rate is only 394 – less than 1% of the world’s highest. That’s by far the lowest for any “Western” nation; and, of course, it’s also within the US UK empire.

How can it be that a nation, Belgium, with a per capita GDP of around $ 50,000 per year, or the US, with a per capita GDP of around $ 63,000, can have Covid infection rates that are over 2,400 times higher than Vietnam’s, where the per capita GDP is around $ 2,600? The multiple as compared to Taiwan is over 1,000 times. As compared to China, it is over 500 times. As compared to South Korea, it is over 50 times. As compared to Japan, it is over 30 times. Why does Belgium have an infection rate that is more than 30 times higher than Japan’s, more than 500 times higher than China’s, and more than 2,400 times higher than Vietnam’s?

There is something that is very important besides a nation’s economy. And that other extremely important thing is to maintain and improve the health and well being – the safety – of the nation’s public. A nation’s economy has no clear relationship with a government’s success at minimizing the spread of a serious epidemic within its borders (as is now being reflected in these nation by nation figures). An epidemic does more than make people sick, and kill some; it also spreads fear amongst the currently uninfected and, therefore, such an epidemic is both a health crisis and a public health crisis. It not only affects people’s bodies; it affects their entire society.

This other factor – to maintain and improve the health and well being, the safety, of the nation’s public – is actually more important than a nation’s economy. Health and safety are bigger determinants of a person’s happiness than the individual’s wealth is. And, yet, this factor is ignored in the Washington Consensus.

Furthermore, when an epidemic is increasing within a nation, that produces an economic depression in all economic sectors that depend upon people getting physically close to one another, such as public transit, hotels, performing arts, and restaurants. Moreover, Corona Virus 19 is massively destroying “mom and pop” retailers, while boosting the mega corporate ones such as Walmart, and, especially, Amazon, and is therefore restructuring the economy of the affected nations. Bankruptcies are soaring because of small businesses losing money, as customers reduce their frequencies of patronizing brick and mortar businesses. As a result of this, wealth inequalities are soaring, and the previously existing world – in which the vulnerability that a business will have, to being especially negatively impacted by an epidemic, was only a minor factor in determining the insurance rates and interest rates that it will be charged – is likely gone forever. Insuring, and investing in, a small business, will become even less attractive to invest in than it has previously been. The insurance costs will rise for small businesses, but not for large businesses (which will increasingly be serving the customers that small businesses will be losing). Economic concentration will increase. And, so, success at keeping the infection rate down is also a major component of a government’s success at retaining small businesses and economic diversity, and at keeping the economy’s production rate up, and at preventing the mega corporations from replacing even more small businesses and taking over everything. Maintaining full employment in the near term (by ignoring the Virus) can then produce massive unemployment in the long term. The pressures that a government faces, to keep small businesses open, will – if the government yields to those current pressures – increase the spread of the Virus, and thereby increase not only the death rate, but the unemployment-rate, and thereby reduce economic output. So: not only is the public’s well-being and safety an additional factor in determining a government’s success, but it is the more basic factor, as compared to the Washington Consensus presumed only factor, which is percapita GDP (current production). The public’s well being and safety is actually the most crucial factor in determining a government’s success at serving its public, and it might even be the biggest factor, of all.

It is a factor that is increasingly being shown in the international data as being independent of  how rich or poor a given nation is (this is, how high its per capita GDP is). The Washington Consensus (for neoliberalism) could thus soon be dead, killed by the Corona Virus 19.

The numbers that are already in, might already be sufficient so that the Washington Consensus has, by now, been effectively proven to be a false assumption. A new consensus will likely emerge within a year. It will be closer to the truth, but the world today is still very far away from yet understanding – in any more detail than this – what the truth is about political matters and ideology. In political theory, at least, there is no actual science, as of yet. That social ‘science’, of “political ‘science’,” is fake: science is actually yet to start, in the field of political theory and all that exists there, at present, is still only mythology, which fails to recognize cause and effect, and which is obsessed with short term results. It is (and has been) the Washington Consensus – the system for maintaining the US UK imposed international economic and political order (supposedly so as to enhance the world’s productivity). The Corona Virus numbers are exposing the reality, which is that the Washington Consensus is founded on a socio economic theory that is, to a significant extent, false. Political science is yet to be born – or, at least, scientific political theory is yet to be born – in the wake of this global pandemic.

Japanthe country with the world’s highest life expectancies, and with one of the world’s lowest Corona Virus 19 infection rates – is estimated to decline in 2020 4.5% in its GDP, and then to experience a 4.8% increase in it during 2021. South Korea, which has an even lower infection rate, is estimated to be experiencing only 0.5% decline in GDP this year, and is projected at 5.4% GDP growth in 2021. US is estimated to be experiencing 5.6% decline in GDP this year, and an unusually large 6.8% growth in 2021. Belgium is estimated to be experiencing 3.4% decline this year, and an unusually large 6.5% growth in 2021. China – which has been doing even better than Japan and South Korea at controlling the Virus – is estimated to be experiencing 1.85% increase in GDP this year, and an 8.24% increase next year, to be followed thereafter by a return to near its normal 6% growth rate in 2022. Vietnam – which is doing even better than South Korea and Japan, and even than China, at limiting the Virus – is estimated to be experiencing 3.4% GDP growth this year, and 12.8% growth in 2021. Might Vietnam turn out to be the world’s future economic dynamo?

Those estimates are by Statistica, using a standard economic model. A year from now, we’ll be far better able, than we now are, to judge how good, or bad, the standard economic models – and economic theory itself – actually are. Will the Washington Consensus be confirmed – or, perhaps, shattered?