{"id":26303,"date":"2021-05-06T15:29:17","date_gmt":"2021-05-06T14:29:17","guid":{"rendered":"https:\/\/www.elixirr.com\/?p=26303"},"modified":"2025-11-03T17:15:00","modified_gmt":"2025-11-03T17:15:00","slug":"capital-injection","status":"publish","type":"post","link":"https:\/\/www.elixirr.com\/en-us\/capital-injection\/","title":{"rendered":"Capital injection"},"content":{"rendered":"\n
\"Vaccine\"<\/a><\/figure>\n\n\n\n

The world\u2019s 27 wealthiest countries<\/a> have received 35.9% of all vaccinations globally; these countries only make up 10.5% of the world\u2019s population. Some examples<\/a> include the USA, who have 21.3% of the world\u2019s vaccinations with a nation representing only 4.3% of the world\u2019s population, and the UK, who have 4.2% of the world\u2019s vaccinations and only 0.9% of the world\u2019s population. Those countries<\/a> who represent the world\u2019s poorest 11% have only received 1.6% of the world\u2019s vaccines (as of 9th<\/sup> April). The current statistics don\u2019t even represent 40 of the world\u2019s poorest nations<\/a>, who represent 8% of the global population, as they don\u2019t yet have vaccination data.<\/p>\n\n\n\n

Those countries with the highest incomes<\/a> are being vaccinated roughly 25 times faster than those with the lowest incomes, and it doesn\u2019t take a rocket scientist to work out why. The disparity in vaccine supply between poor and wealthy nations, especially compared to population size, highlights one frank truth: money wins. These wealthy, western nation\u2019s approach to acquiring COVID-19 vaccines is distinctly capitalist. At the pandemic\u2019s outset<\/a>, placing a costly pre-order for vaccines was a big risk \u2013 there was no guarantee that each company\u2019s vaccine would work. Wealthy nations could shoulder this potential risk<\/a> by signing multiple pre-orders with different suppliers, paying more to secure the maximum supply. Canada, for example, has vaccine deals<\/a> with 7 countries. In 2020, even middle-income countries<\/a> had trouble winning contracts due to this problem; even if they could afford to foot the bill, they simply couldn\u2019t get to the front of the queue. The world\u2019s wealthiest nations instead pre-purchased billions of vaccines \u2013 enough to inoculate their populations several times over<\/a>.<\/p>\n\n\n\n

The disparity in vaccine supply between poor and wealthy nations, especially compared to population size, highlights one frank truth: money wins.<\/p><\/blockquote>\n\n\n\n

This is capitalism \u2013 so vaccine providers flock to where the money is. Moderna<\/a> received $18 billion in vaccines sales in 2021, and only promised to supply vaccines to COVAX in early May 2021. Pfizer recently announced that it is seeking emergency FDA approval<\/a> to administer its vaccine in children aged between 2 and 11 years. Even as vulnerable adults across the globe are without vaccines, the company is orienting towards the demand to vaccinate children in wealthy nations who are nearing substantial rates of inoculation in their adult population.<\/p>\n\n\n\n

The development of vaccines was publicly funded<\/a> by the UK, USA and EU. In the USA, Operation Warp Speed<\/a> subsidised the development and manufacturing of multiple vaccines. But the world-class medicine that has kept wealthy population\u2019s alive during the pandemic is thanks to their large economies which enabled their governments to take those actions.<\/p>\n\n\n\n

The behavior of western nations in acquiring vaccines makes you think – if the idea of socialism is to protect the less well-off members of society, does the society itself not need to be wealthier to do its job? Similarly, strict lockdowns served to protect those members of society who were severely ill with COVID, but at what cost to the overall society in the long-term?<\/p>\n","protected":false},"excerpt":{"rendered":"

The world\u2019s 27 wealthiest countries have received 35.9% of all vaccinations globally; these countries only make up 10.5% of the world\u2019s population. Some examples include the USA, who have 21.3% of the world\u2019s vaccinations with…<\/p>\n","protected":false},"author":1,"featured_media":26308,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[116],"tags":[260,257,143],"related_service":[],"related_industry":[44],"class_list":["post-26303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-business","tag-economy","tag-usa"],"acf":[],"yoast_head":"\nCapital injection - Elixirr - USA<\/title>\n<meta name=\"description\" content=\"The enormous disparity in access to vaccines between poor and wealthy nations, regardless of population size, highlights one frank truth: money wins.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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class=\"wp-component-card__preview-icon\">\n <span class='edwp-svg '><svg width=\"47\" height=\"47\" viewBox=\"0 0 47 47\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g>\n<path d=\"M23.4141 0.539062C36.1232 0.539183 46.4258 10.8416 46.4258 23.5508C46.4257 36.2599 36.1231 46.5624 23.4141 46.5625C10.7049 46.5625 0.402465 36.2599 0.402344 23.5508C0.402344 10.8415 10.7048 0.539062 23.4141 0.539062ZM23.4141 1.68945C11.3606 1.68945 1.55273 11.4974 1.55273 23.5508C1.55286 35.6041 11.3607 45.4111 23.4141 45.4111C35.4673 45.411 45.2743 35.604 45.2744 23.5508C45.2744 11.4974 35.4674 1.68957 23.4141 1.68945Z\" fill=\"currentColor\"\/>\n<path d=\"M19.2841 33.6992C18.9579 33.6986 18.6374 33.6111 18.3543 33.4454C17.7167 33.0759 17.3203 32.3585 17.3203 31.5797V15.8189C17.3203 15.0379 17.7167 14.3227 18.3543 13.9531C18.6442 13.7827 18.9735 13.6951 19.3078 13.6994C19.6421 13.7037 19.9692 13.7998 20.2548 13.9776L33.4237 22.0406C33.6981 22.2166 33.9244 22.461 34.0812 22.751C34.238 23.0409 34.3203 23.3668 34.3203 23.6982C34.3203 24.0295 34.238 24.3555 34.0812 24.6454C33.9244 24.9353 33.6981 25.1798 33.4237 25.3558L20.2527 33.421C19.9604 33.6017 19.6256 33.6979 19.2841 33.6992Z\" fill=\"currentColor\"\/>\n<\/g>\n<\/svg>\n<\/span> <\/div>\n <\/figure>\n <div class=\"wp-component-card__content edwp-row-load\">\n <p class=\"wp-component-card__eyebrow\">\n Articles <\/p>\n <a href='https:\/\/www.elixirr.com\/en-us\/capital-injection\/' class='wp-component-card__title'>\n <h2>\n Capital injection\n <\/h2>\n <\/a> <div class=\"wp-component-card__description\">\n The world\u2019s 27 wealthiest countries have received 35.9% of all vaccinations globally; these countries only make up 10.5% of the world\u2019s population. Some examples include the USA, who have 21.3% of the world\u2019s vaccinations with… <\/div>\n <div class=\"wp-component-card__meta\">\n <p class=\"wp-component-card__date\">\n 06 May 2021 <\/p>\n <div class=\"wp-component-card__terms\">\n <div class=\"wp-component-tags edwp-component\">\n <div class=\"wp-component-tags__tag\">\n Healthcare & Pharmaceuticals <\/div>\n <\/div>\n <\/div>\n <\/div>\n <div class=\"wp-component-card__button-wrapper\">\n <button class=\"btn btn--link arrow wp-component-card__button\">\n Read more <span class='edwp-svg '><svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g id=\"Lg\">\n<path id=\"Vector\" d=\"M1.12509 9.50162H15.8648L9.43259 3.06941C9.374 3.0113 9.3275 2.94216 9.29576 2.86599C9.26403 2.78981 9.24769 2.70811 9.24769 2.62559C9.24769 2.54307 9.26403 2.46137 9.29576 2.38519C9.3275 2.30902 9.374 2.23988 9.43259 2.18177C9.54971 2.06535 9.70814 2 9.87328 2C10.0384 2 10.1969 2.06535 10.314 2.18177L17.8151 9.6829C17.8737 9.74101 17.9202 9.81014 17.9519 9.88632C17.9837 9.96249 18 10.0442 18 10.1267C18 10.2092 17.9837 10.2909 17.9519 10.3671C17.9202 10.4433 17.8737 10.5124 17.8151 10.5705L10.314 18.0717C10.1975 18.1871 10.0404 18.2522 9.87641 18.2529C9.79414 18.2534 9.71259 18.2376 9.63643 18.2065C9.56027 18.1754 9.491 18.1296 9.43259 18.0717C9.374 18.0135 9.3275 17.9444 9.29576 17.8682C9.26403 17.7921 9.24769 17.7104 9.24769 17.6278C9.24769 17.5453 9.26403 17.4636 9.29576 17.3874C9.3275 17.3113 9.374 17.2421 9.43259 17.184L15.8711 10.7518H1.12509C0.959309 10.7518 0.800312 10.686 0.683084 10.5687C0.565857 10.4515 0.5 10.2925 0.5 10.1267C0.5 9.96093 0.565857 9.80193 0.683084 9.68471C0.800312 9.56748 0.959309 9.50162 1.12509 9.50162Z\" fill=\"#1D0F25\"\/>\n<\/g>\n<\/svg>\n<\/span> <\/button>\n <\/div>\n <\/div>\n<\/article>\n","_links":{"self":[{"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/posts\/26303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/comments?post=26303"}],"version-history":[{"count":1,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/posts\/26303\/revisions"}],"predecessor-version":[{"id":60624,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/posts\/26303\/revisions\/60624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/media\/26308"}],"wp:attachment":[{"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/media?parent=26303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/categories?post=26303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/tags?post=26303"},{"taxonomy":"related_service","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/related_service?post=26303"},{"taxonomy":"related_industry","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/related_industry?post=26303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}