With Their Hands Held Out

For nearly two generations, we have been told about the superiority of free market capitalism.  We’ve been told that markets are the fairest, most equitable way to do everything: they are self-correcting, more agile, and better-aligned to the American spirit of self-reliance, ingenuity, and ability. 

Some particularly myopic businesspeople and those who repeat their messages, have even held business as a model for government by declaring, “Government should be run more like a business!”  Given these decades of pro-business thought & policy, one would believe that no entity would be able to better weather any storm than tried-and-true American capitalism.  It is the stuff of pride and legend.

So, then came COVID-19.  What did nearly every business sector do immediately following the proliferation of stay-at-home orders aimed at slowing the spread of COVID-19?

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