Reverse redistribution

bowbrick
4 min readJan 4, 2023

During the pandemic in the UK, innovators and opportunists improvised bold new ways to move money from the state into private hands—it was like the seizure of assets in a socialist state—only backwards.

Baroness Michelle Mone taking her seat in the British House of Lords in October 2015
A source of referral

We know that in emergencies governments turn to compulsion to get things done. In wartime manufacturing capacity will be requisitioned, farmers told what to grow, broadcasters switched to propaganda. We expect this—and we’re ready to accept sometimes drastic variations in the rules to speed things up, to save lives, (to crush counter-revolution).

In the pandemic, governments everywhere activated laws—some of which had been passed years before for this purpose—obliging the private sector to support the state’s response to the outbreak. In the USA, the Defense Production Act was invoked, directing businesses to switch capacity to ventilators and PPE equipment—essentially a wartime response to the crisis, not unlike the epic programme that provided thousands of warplanes and tanks to the allies in WW2. This Truman-era law has been used by several Presidents since and it was Donald Trump who did so as the pandemic took hold in 2020, even as he was busy endorsing bleach and necking hydroxychloroquine (Biden has subsequently used the Act to push vaccine…

--

--

bowbrick

Grizzled web old-timer (some say just grizzled), a trustee at the brilliant Poppy Academy Trust in the UK, a crummy poet and a volunteer at Watford Refugees…