"Capitalism to the Rescue: The present crisis is a bracing reminder of the social value of free enterprise."
April 28, 2020
Some of us don't need a "reminder". Some of us do.
What has counted during the crisis is the ability of certain businesses to carry out their core functions at a very high level: the efficiency with which Amazon can deliver essential goods to our front doors; the ability of communications firms to give us socially distant social lives; and, above all else, the ingenuity of pharmaceutical companies searching for treatments, better testing, and a vaccine. In all these cases, the pursuit of shareholders’ best interests looks much less parasitic and much more aligned with society’s wider interests than it might have appeared before the crisis.
Related: "No, Capitalism Did Not Fail".