Coronavirus The "neoliberal" philosophy would say that profits, even for the very wealthy raises all boats (if we are assuming non-corrupt actors) — schopenhauer1
The whole point is that CV brings into sharp relief for anyone with a pulse how utterly vacuous this is. Profits won't help us here. Profits were the
first thing to go, recognized by everyone to be the most useless, superfluous foam atop the real wave that is society. Everyone who spouted the propaganda that value is generated from the top (therefore we can't tax them!), saw the aristocrats in their naked parasitism as soon as the bottom fell away. In fact it's worse than this - it was the profit drive that enabled this catastrophe to be as catastrophic as it has been, insofar as it has utterly diminished the capacities of societies to respond in ways that did not multiply its effects and impact the poor, old, and sick the hardest. There's no need to play devil's advocate. One just has to have a set of lungs and a pair of eyes.
Edit: actually, it gets
even worse than this. Even if, against all credulity, profit could be said to be beneficial, the question that ought to be ringing in everyone's ears is: where the fuck is it? Boeing made billions in profits in the years leading up to this (last year excepted, thanks to their disastrous 737 MAX debacles, itself a result of
capitalism working as expected), yet barely a few weeks in they're getting bailed out by public funds to the tune of even more billions. Maybe Boeing should just get another fucking job, as everyone tells the poor. But of course the profits are in the hands of shareholders, who, having stashed them in the Caymans, couldn't give less fucks if they tried. Nationalize Boeing, now.