While it's obviously not unpredictable, it was a widespread failure, across a range of political systems - EU, China, and US. We've seen success at scale in SK, which is a smaller, homogenous, high-conformity democracy.
In theory, a free-market democracy would solve the misallocations caused by these blunders more efficiently than the other systems. But the US doesn't have a free-market healthcare system -- or even a free-market mask manufacturing system. As this thread indicates, we're about to see a lot of people die from red tape in Western countries.
In theory, a free-market democracy would solve the misallocations caused by these blunders more efficiently than the other systems. But the US doesn't have a free-market healthcare system -- or even a free-market mask manufacturing system. As this thread indicates, we're about to see a lot of people die from red tape in Western countries.